Commercial Building in the Heart of the Hill District

2101 Centre Ave Pittsburgh, PA 15219

2101 Centre Ave, Pittsburgh, PA, 15219
2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219 2101 Centre Ave, Pittsburgh, PA, 15219
FOR SALE
Property Type:
Street Retail
Amount:
$225,000
Last Verified:
Nov 29, 2023


Description

A 2-story mixed-use building accompanied by an adjacent lot, located at a busy intersection in the heart of Pittsburgh’s Historic Hill District. The ground floor hosts two thriving retail spaces, while the second floor awaits your vision—be it commercial expansion or a apartment conversion. This offering, presenting a building footprint of 2,674 SF and an additional lot of 1,672 SF, is a canvas for a multitude of opportunities. The adjacent lot amplifies the potential, offering space for further commercial ventures, parking, or outdoor amenities. Seize this unique chance to own a piece of Pittsburgh’s vibrant urban narrative, in a locale where history meets modern-day potential.

Step into a rich community heritage with this 2-story building, situated at a busy corner in the heart of Pittsburgh's Historic Hill District. The building totals 2,674 square feet, accompanied by an adjacent lot of 1,672 square feet, offering a blend of a history of local entrepreneurship and redevelopment potential. It houses two long-standing tenants, beloved community fixtures, embodying the neighborhood's spirit of resilience and enterprise.

Despite its deferred maintenance issues, the building's foundation stands ready for rejuvenation. Positioned across the emerging New Granada Square development, and enveloped in a lively urban and cultural atmosphere, this site presents a promising venture for a discerning developer or business owner. With financial incentives available through a number of programs, grants and government initiatives this offering is a gateway to contributing to the vibrant narrative of the Hill District while embarking on a rewarding urban redevelopment venture.

Building Size: 2674sq ft
Lot Size: 0.08 acres


Documents

Brochure (L)

Map of 2101 Centre Ave, Pittsburgh, PA, 15219

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.