1801 Blvd Of The AlliesPittsburgh, PA 15219

This exceptional 12,755 square foot property at 1801 Boulevard of the Allies in Pittsburgh, PA presents a unique redevelopment opportunity. Currently vacant, this Class A, mixed-use building sits on a 0.22-acre lot (APN 0011-J-00294-0000-00) and boasts a UPR-B zoning designation allowing for up to 70 feet of building height with bonus points. The building, encompassing 55 units across one building, offers significant potential for various uses, including executive offices, luxury apartments, student housing, or a combination thereof. Its strategic location places it steps from the massive $500 million UPMC Mercy Campus redevelopment project, creating a vibrant and growing neighborhood. The property's proximity to PPG Paints Arena, the First National Bank Tower, and five major universities further enhances its appeal. The site is also conveniently located near I-376 and I-79, providing easy access to the airport. This Qualified Opportunity Zone property offers investors a chance to capitalize on the significant growth and development occurring in Pittsburgh's Uptown district. The property includes a 1,712 square foot garage. The vacant occupancy date is February 25, 2021. This is a truly remarkable opportunity to invest in a thriving urban center.