32-40 Pius St, Pittsburgh, PA 15203
57,850 SF Specialty Building Offered at $995,000 in Pittsburgh, PA 15203
For Sale
Active
Asking Price $995,000
- Property Type
-
Specialty
- Square Feet
- 57,850 SF
- Price / Square Foot
- $17
Listing Contacts
Chris Parke
Perry Nickleach
- Property Info
Property Overview
SVN Three Rivers Commercial Advisors is pleased to present the opportunity to purchase 32-40 Pius Street, an adaptive-reuse opportunity located on the South Side Slopes. The historic building was originally built as a convent in the 19th Century.
The building was most recently used for transitional housing as of 2021. It is now vacant but has been maintained and has all working utilities and recent roof repairs. The building has 12' ceilings on each floor and it has 57,850 of Rentable Square Feet. With infill of the demising stairwells and chapel it would be 74,310 SF. The current setup is "dormitory style" with all floors containing separate rooms with a shared bathroom. The basement has a large shared kitchen and there is a Chapel.
The building could be used as-is, for any type of dormitory housing, converted to apartments / condos, affordable housing, senior housing, or a boutique hotel.
The project is nearly shovel ready, including completed Architectural, MEP, and Structural SD drawings for an apartment conversion.
The building was most recently used for transitional housing as of 2021. It is now vacant but has been maintained and has all working utilities and recent roof repairs. The building has 12' ceilings on each floor and it has 57,850 of Rentable Square Feet. With infill of the demising stairwells and chapel it would be 74,310 SF. The current setup is "dormitory style" with all floors containing separate rooms with a shared bathroom. The basement has a large shared kitchen and there is a Chapel.
The building could be used as-is, for any type of dormitory housing, converted to apartments / condos, affordable housing, senior housing, or a boutique hotel.
The project is nearly shovel ready, including completed Architectural, MEP, and Structural SD drawings for an apartment conversion.
Property Details
- Year Built
- 1900
- Stories
- 3
- Lot Size (sq. ft)
- 53,143 SF
Highlights
- Potential for a 75,000 SF building; currently set up as Transitional Housing (Dormitory Style)
- Multifamily, Senior, or Affordable Housing Development Opportunity with almost all approvals in place to make this site "shovel ready".
- This property comes with approx. 13 parking spaces. Separate parking lot available for additional parking (not included).
- Amazing views of downtown Pittsburgh and the Mon Valley and serene rear nature landscape to accommodate dog and nature lovers.
- Access to South Side Flats, professional sports venues and popular neighborhoods; conveniently located by Duquesne University & Point Park University
- $17.19/SF
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