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332 Fifth Ave
Pittsburgh, PA 15222 Market Square

Price Upon Request

Office For Sale  •  122,928 SF

Property Details

  • Property Type Office
  • Total Building Size 122,928 SF
  • Lot Size 0.6 AC
  • Building Class B
  • Year Built 1918
  • Tenancy Multiple
  • Zoning GT-A
92 Transit Score
99 Walk Score

Highlights

New ownership has the opportunity to immediately leverage value add initiatives that will enhance market competitiveness and potentially increase NOI
18% of current gross rents are below market value presenting the opportunity to renegotiate to reflect market value and potentially higher income.
Historically consistent revenue provides investors financeable cash flow while the property undergoes repositioning
Downtown Pittsburgh is the 2nd largest employment center in Pennsylvania and 7 out of 10 region’s largest employers are located within the CBD
Investors and potential owner occupiers can purchase an asset below replacement cost allowing for competitive rental rates and higher ROI potential

Property Flyers

Amenities

  • Food Court
  • Security System

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 4 min 0.2 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 5 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 5 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 12 min 0.5 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 14 min 0.7 mi
AirportDriveWalkDistance
Pittsburgh International 26 min - 17.1 mi
Arnold Palmer Regional 67 min - 43.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Adarryl Dreher 412-564-3344 Cushman & Wakefield
Adarryl Dreher 412-564-3344 Cushman & Wakefield