$3,790,000 USD
412-848-2016
1850 Centre Ave
Pittsburgh, PA 15219
Crawford Roberts Hill
HIGHLIGHTS
- Full air rights included — vertical development upside on 2.57 acres beside the Lower Hill redevelopment
- Priced at ~$102/SF — well below the ±$13.2M original construction cost
- ±30,410 SF anchor with commercial kitchen + grocery build-out (more than $1M invested)
- Four small-shop suites (±885–1,477 SF) in active lease negotiation — home health, café, convenience & halal/fried-chicken operators
- Adjacent to FNB Financial Center (475K SF, opened 2025), PPG Paints Arena, I-579 CAP Park
- Opportunity Zone + Avenue of Hope — capital-gains tax advantages for investors
OVERVIEW
Centre Heldman Plaza is a rare chance to buy 2.57 AC in one of Pittsburgh's most actively redeveloping submarkets. Located next to the FNB Tower and Lower Hill mixed-use development totaling $1 billion adding 1,000+ residences and 475,000 SF of new Class A office. At $3,790,000, the price is roughly $102/SF on a building that cost over $13 million to build twelve years ago.
FOR SALE DETAILS
PRICE
$3,790,000 USD
PRICE/SF
$102 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Bank, Freestanding, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
95
LAND DETAILS
LAND ACRES
2.57 AC
LAND SF
111,949 SF
ZONING
CP
APN/PARCEL ID
0011-A-00123-0000-00
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412-848-2016
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412-848-2016
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