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242-250 5th Ave
Pittsburgh, PA 15222 Market Square

$1,620,000 USD

General Retail Condo For Sale  •  36,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 64,000 SF
  • Lot Size 0.64 AC
  • Building Class B
  • Year Built 1920
  • Tenancy Multiple
  • Zoning GT-A
93 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 1 Office 36,000 SF $1,620,000 USD
  • Unit Size: 36,000 SF
  • Condo Use: Office
  • Price: $1,620,000 USD
  • Sale Type: Investment
  • Price/SF: $45.00 USD
Description
2nd & 3rd Floors - 36,000 SF on Two Floors above CVS Pharmacy - 18,000 SF Each floor plus Mezzanine Level area. - Condo process part of due diligence period - Complete Gut Renovations Required

Sale Notes
This Market Square Opportunity offers a prime redevelopment prospect for office, residential, or hotel use, featuring 36,000 square feet across the 2nd and 3rd floors above a CVS Pharmacy, with each floor comprising 18,000 square feet plus a mezzanine level. The property boasts frontage on both Fifth Avenue and Forbes Avenue. The condominium process will be part of the due diligence period. Please note that CVS is not available for sale or sale-leaseback, and complete gut renovations will be required.

Description 

Market Square Opportunity
2nd & 3rd Floors
Tremendous Office or Residential redevelopment
36,000 SF on Two Floors above CVS Pharmacy
18,000 SF Each floor plus Mezzanine Level area.
Frontage on Fifth Avenue &  Forbes Avenue
Condo process part of due diligence period
CVS is NOT available for Sale or Sale Leaseback
Complete Gut Renovations Required

Property Flyers

Amenities

  • Bus Line

Public Transportation

Commuter RailDriveWalkDistance
2 min 11 min 0.6 mi
Transit/SubwayDriveWalkDistance
Wood Street (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 47L Library - Port Authority of Allegheny County Light Rail (The "T"), 47S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 52 Allentown - Port Authority of Allegheny County Light Rail (The "T")) 1 min 3 min 0.1 mi
Gateway Center (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 47L Library - Port Authority of Allegheny County Light Rail (The "T"), 47S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 52 Allentown - Port Authority of Allegheny County Light Rail (The "T")) 1 min 3 min 0.2 mi
Steel Plaza (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 47L Library - Port Authority of Allegheny County Light Rail (The "T"), 47S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 52 Allentown - Port Authority of Allegheny County Light Rail (The "T")) 1 min 7 min 0.3 mi
First Avenue (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 47L Library - Port Authority of Allegheny County Light Rail (The "T"), 47S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 52 Allentown - Port Authority of Allegheny County Light Rail (The "T")) 2 min 13 min 0.6 mi
Station Square (42C Castle Shannon - Port Authority of Allegheny County Light Rail (The "T"), 42S South Hills Village - Port Authority of Allegheny County Light Rail (The "T"), 47L Library - Port Authority of Allegheny County Light Rail (The "T"), 47S South Hills Village - Port Authority of Allegheny County Light Rail (The "T")) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Pittsburgh International 26 min - 17.0 mi
Arnold Palmer Regional 67 min - 43.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Rick Dimidjian 412-670-4420 Aegis Realty Partners
Rick Dimidjian 412-670-4420 Aegis Realty Partners