Warner Centre 332 Fifth Ave 122,928 SF 83% Leased Office Building Pittsburgh, PA 15222 For Sale

Cushman & Wakefield has been retained as the exclusive listing broker to arrange the sale and leasing of the Warner Centre.
Built in 1918 as a major theater and concert hall, the historic Warner Centre presents the opportunity to acquire and reposition a major business hub in the heart of Downtown Pittsburgh, a vital part of Pittsburgh’s economy and primary location for many major corporations and financial institutions. Downtown Pittsburgh is also home to Pittsburgh’s Cultural District, featuring theaters, concert venues, restaurants and galleries.
The property is a mixed-use building featuring 6-stories of office space, interior retail, and street level retail. 13,500 SF can potentially be subdivided and sold as an independent building. A significant standout feature is a 6-story glass atrium, flooding the main common areas with natural light. Tenants benefit from nearby amenities including restaurants, shopping, parking, and public transportation.
The 122,928 SF mixed-use building offers significant upside for new ownership to fill vacancies and increase income potential. Current tenancy provides immediate cash flow and a steady revenue stream. Recent investments include elevator equipment upgrades, façade improvements, and fully renovated tenant spaces. The Warner Centre’s location and potential growth presents owner occupiers and investors the opportunity to purchase an attractive asset below replacement cost.