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242-250 5th Ave 36,000 SF Office Condo Unit Offered at $2,250,504 CAD in Pittsburgh, PA 15222
Executive Summary
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
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Redevelopment Project, Building in Shell Condition |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project, Building in Shell Condition |
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 36,000 SF | Office | $2,250,504 CAD ($62.51 CAD/SF) | - |
Unit 1
| Unit Size |
| 36,000 SF |
| Condo Use |
| Office |
| Price |
| $2,250,504 CAD ($62.51 CAD/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 36,000 SF |
| Condo Use | Office |
| Price | $2,250,504 CAD ($62.51 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project, Building in Shell Condition |
| 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</li></ul> | |
| 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.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 64,000 SF | Typical Floor Size | 18,000 SF |
| Property Type | Retail (Condo) | Year Built | 1920 |
| Building Class | B | Lot Size | 0.64 AC |
| Floors | 3 | ||
| Zoning | GT-A - GOLDEN TRIANGLE DISTRICT A | ||
| Total Building Size | 64,000 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 18,000 SF |
| Year Built | 1920 |
| Lot Size | 0.64 AC |
| Zoning | GT-A - GOLDEN TRIANGLE DISTRICT A |
Amenities
- Bus Line
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
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Matterport 3D Exterior
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Street View
Street
Map
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242-250 5th Ave
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