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1850 Centre Ave
Pittsburgh, PA 15219
Retail Property For Sale
EXECUTIVE SUMMARY
Centre Heldman Plaza is a ±37,203 SF retail shopping center located in the heart of Pittsburgh’s Hill District. Anchored by a 30,410 SF former grocery store equipped with a commercial kitchen, the plaza offers a prime opportunity for grocers, retailers, or food/beverage operators. The landlord is open to subdividing the grocery space, with several smaller inline suites also available. With strong visibility and proximity to major development projects and institutions, this site presents a compelling location for both local and national tenants.
Located near PPG Paints Arena, Duquesne University, the new FNB Tower, and multiple new mixed-use developments including New Granada Square and the Reeds-Roberts phase of Bedford Dwellings, the plaza benefits from excellent accessibility via I-579, I-376, and major surface streets. Multiple bus routes service the site, and it includes ample free parking.
Located near PPG Paints Arena, Duquesne University, the new FNB Tower, and multiple new mixed-use developments including New Granada Square and the Reeds-Roberts phase of Bedford Dwellings, the plaza benefits from excellent accessibility via I-579, I-376, and major surface streets. Multiple bus routes service the site, and it includes ample free parking.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
36,995 SF
Building Class
B
Year Built
2013
Percent Leased
14%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.34
Lot Size
2.51 AC
Opportunity Zone
Yes
Zoning
UNC - Urban Neighborhood Commercial
Parking
130 Spaces (2.36 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Line
- Pylon Sign
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0011-A-00123-0000-00 | Improvements Assessment | $1,425,000 |
| Land Assessment | $675,000 | Total Assessment | $2,100,000 |
PROPERTY TAXES
Parcel Number
0011-A-00123-0000-00
Land Assessment
$675,000
Improvements Assessment
$1,425,000
Total Assessment
$2,100,000
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