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421 7Th Ave Pittsburgh, PA 15219

6-Story Office Building, Vacant, Value-Add Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This vacant, six-story office building at 421 Seventh Avenue in Pittsburgh's Golden Triangle District presents a compelling redevelopment or value-add opportunity. The 51,601 square foot building, situated on a 0.207-acre lot (APN 2-A-199), offers 43,252 square feet of net rentable space. Originally constructed in 1905 and extensively renovated in 2008-2009, the property boasts a full basement, concrete foundation, steel structural frame, brick and masonry exterior, and a rubber roof. Interior features include mostly commercial-grade carpet flooring, painted sheetrock walls, and suspended acoustic tile ceilings. The building includes two passenger elevators and one restroom set per floor. The 2009 renovation encompassed façade improvements, roof replacement, and upgrades to HVAC and electrical systems. The property is zoned Golden Triangle District A and offers potential for ground floor retail. Utility providers include Duquesne Light (electric), Equitable Gas (natural gas), Pittsburgh Water and Sewer Authority, and Comcast/Verizon (telecom). This property is ideal for investors seeking a significant redevelopment project in a prime Pittsburgh location. The building's history as a wholesale drug warehouse and later office/classroom space provides a unique foundation for future development.

Highlights

  • 51,601 square feet gross building area.
  • 43,252 square feet net rentable area.
  • Built in 1905, renovated in 2009.
  • 0.207-acre lot.
  • Parcel ID: 2-A-199.
  • Golden Triangle District A zoning.

Property Details for 421 7Th Ave

Property type
Office properties, Medical offices
Square Feet
51,601 SF
Class
B
Year Built/Renovated
1905/2009
Stories
6
Lot Size (sq. ft)
9,017 SF

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4427382
Longitude
-79.9958878

FAQs

What type of property is this?
Office property - 6-Story Office Building, Vacant, Value-Add Potential
Where is the office property located?
The property is located at 421 7Th Ave Pittsburgh, PA.
What are key features of this property?
This property features: 51,601 square feet gross building area.; 43,252 square feet net rentable area.; Built in 1905, renovated in 2009.
How can I contact the broker?
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421 7Th Ave
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