Sanford Alderfer Real Estate
Listed by Sanford Alderfer Real Estate
Unpriced
5000 Centre Avenue, Pittsburgh, PA
Details
Property Type Retail, Office
Sub Type Bank
Square Footage 3,304
Tenancy Vacant
Class B
Acreage 0.310
Ground Lease No
Sale Condition N/A
Corner the market in Pittsburgh’s busiest Commercial Corridor
Marketing description
Corner the Market in Pittsburgh’s Busiest Commercial Corridor at 5000 Centre Avenue, Pittsburgh, PA 15213 presents a rare opportunity to acquire a highly visible mixed-use commercial asset in the heart of Shadyside. This ±3,304 SF former bank branch sits on a prominent ±0.31-acre signalized corner at Centre Avenue and Morewood Avenue, offering exceptional exposure and steady consumer traffic of 10,000+ vehicles per day.
Surrounded by the University of Pittsburgh Medical Center campus and just eight blocks from the University of Pittsburgh, the property is ideally positioned within one of Pittsburgh’s strongest institutional, professional, retail, and commercial corridors. Located less than five miles from Downtown Pittsburgh, this site benefits from dense daytime population and consistent neighborhood activity.
The layout includes two drive-thru lanes, multiple private offices, and dual entrances, making it well-suited for medical, professional office, childcare, retail, limited restaurant, or other commercial uses. Flexible UNC zoning further enhances repositioning and tenanting potential.
This is a standout corner location with the infrastructure, visibility, and adaptability to support a wide range of owner-user or investment strategies.
Investment highlights
Corner the Market in Pittsburgh's Busiest Commercial Corridor
- Functional Mixed-Use Space - ±3,304 SF former Bank location within the Shadyside District of Pittsburgh - two drive-thru lanes, multiple private offices, and dual entrances — ready to support a wide range of commercial operations.
- Premier Signalized Corner Location Anchored by High Traffic Institutional Demand - Surrounded by University of Pittsburgh Medical Center campus – in the Heart of Professional, Retail and Commercial Businesses. University of Pittsburgh only 8 Blocks away - CBD Pittsburgh less than 5 miles away.
- High-Visibility Corner Lot with Sustained Consumer Traffic- ±0.31-acre corner lot at Centre Ave and Morewood Ave averaging 10,000+ VPD, delivering a consistent flow of potential customers for retail, food service, and professional tenants.
- Flexible UNC Zoning - Urban Neighborhood Commercial zoning permits childcare, medical office/clinic, professional office, limited restaurant, and retail — broadening tenant options and repositioning potential.
- Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
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Listing Contacts
Sanford Alderfer Real Estate
Listed by Sanford Alderfer Real Estate
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