1801 Boulevard of the Allies - Office FOR SALE


Pittsburgh, PA 15219- Uptown Pittsburgh
$1,350,000 USD
724-201-6698
1801 Boulevard of the Allies, Pittsburgh, PA for Sale
$1,350,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

1801 Boulevard of the Allies
Pittsburgh, PA 15219
Uptown Pittsburgh


HIGHLIGHTS

  • Redevelopment Opportunity
  • Plans for Multifamily Redevelopment
  • Opportunity Zone
  • Exclusive Tenant Improvements
  • Steps From $500 Million UPMC Mercy Redevelopment
  • Education, Medical and Technology hub

OVERVIEW

Hardy World is pleased to offer 1801 Boulevard of the Allies, a historic property that lies directly in Pittsburgh’s path of growth. Within a few years, this area of Uptown will be transformed completely thanks to UPMC’s new Mercy Campus. The state’s largest employer has invested $500 million dollars into this hospital, which will total 410,000 SF and contain over 100,000 SF of dedicated research space. UPMC’s world-class researchers will be working on curing a variety of visual ailments-including blindness-and the site will be a go to destination for doctors, nurses, and patients for generations to come. Additionally, the property is located within walking distance of PPG Paints Arena and the First National Bank Tower, which connects 1801 Blvd of the Allies with the heart of downtown’s finance scene as well. 1801 has a myriad of uses. There is the potential to renovate into offices and coworking suites, student houses or luxury apartments. The excess land can be developed for parking and to top it all off, the site is in a Qualified Opportunity Zone as well.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

REDEVELOPMENT OPPORTUNITY BY UPMC MERCY

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

UPR-B

APN/PARCEL ID

0011-J-00294-0000-00

ASK ABOUT THIS PROPERTY

Taylor HardyHardy World, LLCMore Info
724-201-6698

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Taylor HardyHardy World, LLCMore Info
724-201-6698

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.