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For Sale

Champion Commons

5231 Penn Ave,
Pittsburgh, PA 15224

Asset Snapshot

1990
Year Renovated
4
Floor Count
1
Building Count
80
Parking Spots

Offering Summary

Investment Overview

- Available for sale or lease, beginning 5/1/2027; subdividable by floor - Floor plates: 10,000 SF (1st & 2nd floors); 5,061 SF (3rd floor); 3,600 SF (Ground floor) - Office space with large meeting rooms and kitchenettes on each floor - On-site, free parking and direct access to public transportation Development Potential - Existing building has a large light well, 16’ ceilings, and exposed wood beams; attributes that benefit a residential redevelopment - The site totals 0.98 acres, allowing for generous parking or site (re)development Proximate to stable economic drivers: - UPMC Children’s Hospital: 313 staffed beds with $3.8 billion of patient revenue - The Children’s Home of Pittsburgh: 30-bed pediatric specialty hospital with $18.4 million of total revenue - East Liberty Family Health Care Center (ELFHCC): federally qualified health center (FQHC) – 42,00 patient visits with $12.3 million of total revenue; on-site, free parking and direct access to public transportation Multifamily Rental Rates: - Pittsburgh metro rental rates increased 2.5% for the trailing 12 months ending February 2026 - Since 2019: Pittsburgh rents increased approximately 47.9%


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Listing Syndicated From

Buildout
For Sale
$4,995,000
Asking Price