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1425 5th Ave
Pittsburgh, PA 15219
Retail Property For Sale


EXECUTIVE SUMMARY
Why 1425 Fifth Avenue Stands Apart
• Immediate adjacency to institutionally owned land acquired in 2025
• Prominent Fifth Avenue frontage with strong visibility
• Existing structure and two curb cuts offering flexibility beyond vacant land
• Zoning and redevelopment optionality suitable for adaptive reuse or repositioning
• Scarcity value as one of the few remaining privately controlled sites on the block
Investment Relevance
In institutional growth corridors, adjacent privately held properties often become strategic assets—whether
for interim use, redevelopment, or future alignment with larger assemblages. 1425 Fifth Avenue offers
investors and users the ability to control a critical edge parcel within a corridor shaped by long-term planning
and sustained capital commitment.
Parcel Size
12,793 SF lot — approximately one-third of the block recently acquired by Duquesne University of the Holy Spirit. The property includes two existing curb cuts.
Building
Former Citizens Bank branch; two-story masonry structure with solid bones. Strong candidate for redevelopment, vertical expansion, or adaptive reuse.
Transit-Oriented Advantage
A newly approved Bus Rapid Transit (BRT) stop will be positioned directly in front of the property, supporting future foot-traffic growth and enhanced accessibility.
Zoning & Potential Uses
Flexible commercial zoning suitable for mixed-use redevelopment, retail or restaurant conversion, medical/clinic expansion, tech/startup campus uses, or alignment with surrounding institutional holdings.
Valuation Framework
Comparable land valuations in the corridor support a range of $1.3M–$1.4M for land alone.
• Immediate adjacency to institutionally owned land acquired in 2025
• Prominent Fifth Avenue frontage with strong visibility
• Existing structure and two curb cuts offering flexibility beyond vacant land
• Zoning and redevelopment optionality suitable for adaptive reuse or repositioning
• Scarcity value as one of the few remaining privately controlled sites on the block
Investment Relevance
In institutional growth corridors, adjacent privately held properties often become strategic assets—whether
for interim use, redevelopment, or future alignment with larger assemblages. 1425 Fifth Avenue offers
investors and users the ability to control a critical edge parcel within a corridor shaped by long-term planning
and sustained capital commitment.
Parcel Size
12,793 SF lot — approximately one-third of the block recently acquired by Duquesne University of the Holy Spirit. The property includes two existing curb cuts.
Building
Former Citizens Bank branch; two-story masonry structure with solid bones. Strong candidate for redevelopment, vertical expansion, or adaptive reuse.
Transit-Oriented Advantage
A newly approved Bus Rapid Transit (BRT) stop will be positioned directly in front of the property, supporting future foot-traffic growth and enhanced accessibility.
Zoning & Potential Uses
Flexible commercial zoning suitable for mixed-use redevelopment, retail or restaurant conversion, medical/clinic expansion, tech/startup campus uses, or alignment with surrounding institutional holdings.
Valuation Framework
Comparable land valuations in the corridor support a range of $1.3M–$1.4M for land alone.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
5,307 SF
Building Class
C
Year Built
1970
Price
$995,700
Price Per SF
$187.62
Tenancy
Single
Building Height
3 Stories
Building FAR
0.41
Lot Size
0.29 AC
Zoning
Commercial UPR-A - UPR-A Uptown Public Realm District A. Which permits Commercial 1,370and Residential use
Parking
15 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Banking
- Bus Line
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0002-H-00072-0000-00 | Improvements Assessment | $75,100 |
| Land Assessment | $639,700 | Total Assessment | $714,800 |
PROPERTY TAXES
Parcel Number
0002-H-00072-0000-00
Land Assessment
$639,700
Improvements Assessment
$75,100
Total Assessment
$714,800
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