
500 Smithfield Street
500 Smithfield | An architectural icon ready for it’s next vision | Pittsburgh, PA
Marketing description
500 Smithfield represents a rare opportunity to acquire one of Downtown Pittsburgh's most recognizable and historically significant properties. Built in 1924 as the former Mellon Bank headquarters, the landmark building features extraordinary architectural details, including 15-ton Italian marble columns, and offers a compelling opportunity to shape the next chapter of a Pittsburgh icon.
The property currently sits vacant and has been maintained to institutional standards following strategic renovations in 1999 and 2014. This presents an exceptional opportunity for corporate headquarters, educational facilities, mixed-use, hospitality, or entertainment venues with tremendous flexibility for various redevelopment scenarios.
Located in Pittsburgh’s premier downtown corridor adjacent to Mellon Square, the property benefits from superior connectivity to the city’s dining, retail, hospitality, and entertainment districts with abundant nearby parking options.
Investment highlights
- Positioned within Pittsburgh's strategic Smithfield Street Corridor master plan with construction set to begin Q4 2026
- Property features $40MM in improvements and LEED Gold Interior certification.
- Perfect 100/100 Walking Score provides access to all daily amenities.
- Outstanding 95/100 Transit Score offers exceptional public transportation access.
- Prime location adjacent to hotels, restaurants, retailers, and entertainment venues.
- Fully furnished space with 868 available seats for immediate occupancy.
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