32-40 Pius St - 32-40 Pius Street
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32-40 Pius St - 32-40 Pius Street
57,850 SF Specialty Building Offered at $995,000 in Pittsburgh, PA 15203
Investment Highlights
- Potential for a 75,000 SF building; currently set up as Transitional Housing (Dormitory Style)
- This property comes with approx. 13 parking spaces. Separate parking lot available for additional parking (not included).
- Access to South Side Flats, professional sports venues and popular neighborhoods; conveniently located by Duquesne University & Point Park University
- Multifamily, Senior, or Affordable Housing Development Opportunity with almost all approvals in place to make this site "shovel ready".
- Amazing views of downtown Pittsburgh and the Mon Valley and serene rear nature landscape to accommodate dog and nature lovers.
- $17.19/SF
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to present the opportunity to purchase 32-40 Pius Street, an adaptive-reuse opportunity located on the South Side Slopes. The historic building was originally built as a convent in the 19th Century.
The building was most recently used for transitional housing as of 2021. It is now vacant but has been maintained and has all working utilities and recent roof repairs. The building has 12' ceilings on each floor and it has 57,850 of Rentable Square Feet. With infill of the demising stairwells and chapel it would be 74,310 SF. The current setup is "dormitory style" with all floors containing separate rooms with a shared bathroom. The basement has a large shared kitchen and there is a Chapel.
The building could be used as-is, for any type of dormitory housing, converted to apartments / condos, affordable housing, senior housing, or a boutique hotel.
The project is nearly shovel ready, including completed Architectural, MEP, and Structural SD drawings for an apartment conversion.
The building was most recently used for transitional housing as of 2021. It is now vacant but has been maintained and has all working utilities and recent roof repairs. The building has 12' ceilings on each floor and it has 57,850 of Rentable Square Feet. With infill of the demising stairwells and chapel it would be 74,310 SF. The current setup is "dormitory style" with all floors containing separate rooms with a shared bathroom. The basement has a large shared kitchen and there is a Chapel.
The building could be used as-is, for any type of dormitory housing, converted to apartments / condos, affordable housing, senior housing, or a boutique hotel.
The project is nearly shovel ready, including completed Architectural, MEP, and Structural SD drawings for an apartment conversion.
Property Facts
| Price | $995,000 | Lot Size | 1.22 AC |
| Price Per SF | $17 | Building Size | 57,850 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1900 |
| Price | $995,000 |
| Price Per SF | $17 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Lot Size | 1.22 AC |
| Building Size | 57,850 SF |
| No. Stories | 3 |
| Year Built | 1900 |
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Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 0003-S-00164-0000-00 | Improvements Assessment | $469,500 |
| Land Assessment | $163,300 | Total Assessment | $632,800 |
PROPERTY TAXES
Parcel Number
0003-S-00164-0000-00
Land Assessment
$163,300
Improvements Assessment
$469,500
Total Assessment
$632,800
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Chris Parke -
Perry Nickleach -
SVN | Three Rivers Commercial Advisors
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32-40 Pius St - 32-40 Pius Street
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