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1850 Centre Ave 37,203 SF Vacant Retail Building Pittsburgh, PA 15219 $3,790,000 ($101.87/SF)
Investment Highlights
- Full air rights included — vertical development upside on 2.57 acres beside the Lower Hill redevelopment
- ±30,410 SF anchor with commercial kitchen + grocery build-out (more than $1M invested)
- Adjacent to FNB Financial Center (475K SF, opened 2025), PPG Paints Arena, I-579 CAP Park
- Priced at ~$102/SF — well below the ±$13.2M original construction cost
- Four small-shop suites (±885–1,477 SF) in active lease negotiation — home health, café, convenience & halal/fried-chicken operators
- Opportunity Zone + Avenue of Hope — capital-gains tax advantages for investors
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1850 Centre Avenue delivers a flexible, fully conditioned retail environment with subdividable floor plans ranging from small shop spaces to larger operational areas. The anchor segment includes a grocery-ready layout and commercial kitchen infrastructure, ideal for food-related enterprises or specialty retail. Tenants benefit from two loading docks, clear heights of 16 feet, and cold storage availability, supporting a range of retail and light distribution function
1850 Centre Avenue delivers a flexible, fully conditioned retail environment with subdividable floor plans ranging from small shop spaces to larger operational areas. The anchor segment includes a grocery-ready layout and commercial kitchen infrastructure, ideal for food-related enterprises or specialty retail. Tenants benefit from two loading docks, clear heights of 16 feet, and cold storage availability, supporting a range of retail and light distribution function
1850 Centre Avenue delivers a flexible, fully conditioned retail environment with subdividable floor plans ranging from small shop spaces to larger operational areas. The anchor segment includes a grocery-ready layout and commercial kitchen infrastructure, ideal for food-related enterprises or specialty retail. Tenants benefit from two loading docks, clear heights of 16 feet, and cold storage availability, supporting a range of retail and light distribution function
Suite 1846 (former subway) features an open floor plan with 1 bathroom for a total of approximately 1,120 SF. There is potential to connect it to neighboring space that would increase the total square footage to approximately 2,164 SF to include an additional bathroom, and two storage areas.
1850 Centre Ave offers up to 31,000 SF of divisible warehouse/flex space in the heart of Pittsburgh. With 16’ clear heights, two loading docks, cold storage, 75 parking spaces, and fully conditioned interiors, the property is designed for operational efficiency. Flexible configurations allow tenants to lease as little as 500 SF up to a full-building
| Space | Size | Space Use | Position | Available |
| 1836 | 1,243 SF | Restaurant | End Cap | 90 Days |
| 1840 | 1,477 SF | Retail | In-Line | Now |
| 1844 | 885 SF | Retail | In-Line | 120 Days |
| 1846 | 1,120-2,164 SF | Retail | End Cap | 30 Days |
| R | 30,310 SF | Retail | - | Now |
1836
| Size |
| 1,243 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| 90 Days |
1840
| Size |
| 1,477 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1844
| Size |
| 885 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 120 Days |
1846
| Size |
| 1,120-2,164 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
R
| Size |
| 30,310 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1836
| Size | 1,243 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | 90 Days |
1850 Centre Avenue delivers a flexible, fully conditioned retail environment with subdividable floor plans ranging from small shop spaces to larger operational areas. The anchor segment includes a grocery-ready layout and commercial kitchen infrastructure, ideal for food-related enterprises or specialty retail. Tenants benefit from two loading docks, clear heights of 16 feet, and cold storage availability, supporting a range of retail and light distribution function
1840
| Size | 1,477 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1850 Centre Avenue delivers a flexible, fully conditioned retail environment with subdividable floor plans ranging from small shop spaces to larger operational areas. The anchor segment includes a grocery-ready layout and commercial kitchen infrastructure, ideal for food-related enterprises or specialty retail. Tenants benefit from two loading docks, clear heights of 16 feet, and cold storage availability, supporting a range of retail and light distribution function
1844
| Size | 885 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 120 Days |
1850 Centre Avenue delivers a flexible, fully conditioned retail environment with subdividable floor plans ranging from small shop spaces to larger operational areas. The anchor segment includes a grocery-ready layout and commercial kitchen infrastructure, ideal for food-related enterprises or specialty retail. Tenants benefit from two loading docks, clear heights of 16 feet, and cold storage availability, supporting a range of retail and light distribution function
1846
| Size | 1,120-2,164 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Suite 1846 (former subway) features an open floor plan with 1 bathroom for a total of approximately 1,120 SF. There is potential to connect it to neighboring space that would increase the total square footage to approximately 2,164 SF to include an additional bathroom, and two storage areas.
R
| Size | 30,310 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
1850 Centre Ave offers up to 31,000 SF of divisible warehouse/flex space in the heart of Pittsburgh. With 16’ clear heights, two loading docks, cold storage, 75 parking spaces, and fully conditioned interiors, the property is designed for operational efficiency. Flexible configurations allow tenants to lease as little as 500 SF up to a full-building
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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
Contact the Sale Advisor
1850 Centre Ave