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500 S Main Street 500 S Main St 7,650 SF Office Building Pittsburgh, PA 15220 $525,000 ($68.63/SF)
Executive Summary
INVESTMENT HIGHLIGHTS
• Vacant property – Immediate renovation opportunity
• Significant value-add potential through full repositioning
• Mixed-use configuration supports diversified income stream
• Opportunity to modernize residential units for increased rental rates
• Ideal for office-to-residential reconfiguration or creative office concept
• Located along Main Street commercial corridor
• Historic 1890 construction – architectural appeal
• Strong upside through capital improvements and lease-up strategy
• Suitable for long-term hold or redevelopment exit strategy
• Vacant property – Immediate renovation opportunity
• Significant value-add potential through full repositioning
• Mixed-use configuration supports diversified income stream
• Opportunity to modernize residential units for increased rental rates
• Ideal for office-to-residential reconfiguration or creative office concept
• Located along Main Street commercial corridor
• Historic 1890 construction – architectural appeal
• Strong upside through capital improvements and lease-up strategy
• Suitable for long-term hold or redevelopment exit strategy
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,650 SF
Building Class
C
Year Built/Renovated
1890/2020
Price
$525,000
Price Per SF
$68.63
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,550 SF
Building FAR
1.17
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
LNC - Local Neighborhood Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $297,700 | |
| Land Assessment | $34,400 | Total Assessment | $332,100 |
Property Taxes
Parcel Numbers
Land Assessment
$34,400
Improvements Assessment
$297,700
Total Assessment
$332,100
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500 S Main Street | 500 S Main St
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