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2100 5th Ave - Prime redevelopment opportunity on corner lot
0.17 Acres of Commercial Land Offered at $650,000 in Pittsburgh, PA 15219
Investment Highlights
- Prime redevelopment opportunity centrally located between Downtown Pittsburgh and Oakland
- Surrounded by planned, underway, and completed developments
- Within a 0.5-mile radius of traffic-drivers Duquesne University, UPMC Mercy, and PPG Paints Arena
- Positioned with frontage on the Bus Rapid Transit (BRT) line on 5th Avenue
- Easy access to Boulevard of the Allies, I-376, and I-579
Executive Summary
Property Facts
| Price | $650,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.17 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.17 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $650,000 | Lot Size | 0.17 AC |
| Price Per AC | $3,915,663 |
| Price | $650,000 |
| Price Per AC | $3,915,663 |
| Lot Size | 0.17 AC |
Asphalt-paved, level lot spanning ±7,000 SF or 0.16 AC on the corner of 5th Avenue and Seneca Street. Located in the Uptown corridor with frontage on Fifth Avenue.
Description
2100 Fifth Avenue is a fully paved lot spanning 0.16 AC, or ±7,000 SF. Located on the city's bustling 5th Avenue, poised to become the mainway of Pittsburgh's Bus Rapid Transit (BRT) line, this opportunity provides investors with a property boasting high visibility, foot traffic, and daily through traffic. The lot is zoned Uptown Subdistrict B / UPR-B Residential Care, and permitted uses of the land include: retail sales and services, restaurant, lab/research services, office, grocery store, senior housing, and more. Recenly completed nearby developments (1-mile radius) include Duquesne University's Forbes Hall, 1709 Fifth Avenue, Flats on Fifth, Union on 5th Annex, and more. 2100 Fifth Avenue is also within close proximity to the Lower Hill Redevelopment project, site of the newly constructed FNB Financial Center and home to the incoming Live Nation concert venue. Additionally, area economic drivers UPMC Mercy Hospital, Duquesne University's primary campus, and PPG Paints Arena are within a 0.5-mile commute of the property. For additional site or sale information, please reference our brochure or contact Diron Duah.
PROPERTY TAXES
| Parcel Number | 0011-K-00039-0000-00 | Improvements Assessment | $600 |
| Land Assessment | $5,900 | Total Assessment | $6,500 |
PROPERTY TAXES
zoning
| Zoning Code | UPR-B |
| UPR-B |
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2100 5th Ave - Prime redevelopment opportunity on corner lot
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