Thompson Building

Investment Overview

SVN Three Rivers Commercial Advisors is pleased to present the Thompson Building located at 435 Market St for sale. This three-story property features a fully utilized layout comprising street-level retail and restaurant space, complemented by a fully equipped commercial kitchen in the basement. Constructed with durable exterior brick-and-block masonry and classic interior wood framing, the building is fully equipped with modern life safety systems, including integrated smoke detection, fire alarms, and a comprehensive fire sprinkler system. The entire building is leased to FourFifths LLC, anchored by the popular Emerson’s restaurant, which occupies the second and third floors. The street-level space offers an inviting restaurant and retail footprint, while the basement houses the commercial kitchen, optimized for high-volume operations. The offering includes a valuable liquor license, supporting the building’s food and beverage operations and enhancing long-term asset value. Located in the heart of Downtown Pittsburgh, just steps from Market Square and the Cultural District, this property benefits from strong pedestrian traffic, proximity to major employers, and convenient access to public transit via multiple Port Authority bus and light rail stations.

Investment Highlights

• Premier Downtown Location: Strategically positioned in the heart of Pittsburgh’s Central Business District, 435 Market St is situated in one of the city’s most active and visible corridors. Surrounded by major employers, cultural venues, and ongoing redevelopment, the property benefits from exceptional walkability and transit access
• Turnkey Restaurant Infrastructure: Fully equipped with a dedicated commercial kitchen in the basement and multi-floor dining spaces on the second and third floors for Emmerson’s restaurant
• Liquor License Included: The offering includes a liquor license, drastically lowering the barrier to entry for food and beverage operators and providing intrinsic value to the real estate
• Strong Market Fundamentals: Downtown Pittsburgh continues to attract major investment across hospitality, residential, and office sectors. Proximity to Fifth & Forbes revitalization projects, the Cultural District, Market Square, and new residential developments further enhances long-term appreciation potential
• Exceptional Accessibility: Convenient access to major public transit routes, the Wood Street “T” Station, and interstates I-376 and I-279 ensures excellent connectivity for tenants and visitors alike