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Hipwell Buildings 825-837 W North Ave

32,000 SF Industrial Building Pittsburgh, PA 15233 £1,488,270 (£47/SF)

Executive Summary

Situated at 831 W North Ave in Pittsburgh, Pennsylvania, this location embodies the historical charm of the North Side neighborhood. Nestled within the bustling heart of a renowned entertainment district, this 32,000 SF warehouse stands as a testament to architectural resilience and historical significance. Constructed in 1850, its walls narrate stories of a bygone era, featuring exquisite exposed beams, enchanting brick walls, and a spacious open hall that beckons grand events and gatherings. This property, while currently embodying the charm of yesteryears, presents a unique canvas for transformation into a bespoke 40-key boutique hotel. Envisioned to harmonize its historical essence with contemporary luxury, this space offers an unparalleled opportunity to craft an exclusive retreat that caters to the sophisticated palette of modern travelers. The potential for a first-floor restaurant adds another layer of allure, promising a culinary haven that complements the boutique hotel experience. An additional park lot for customers across the street adds a much needed amenity for clients. This property is not merely a building; it's a legacy awaiting a visionary touch, poised to become a cornerstone of hospitality and elegance in the heart of the city.

Data Room Click Here to Access

Property Facts

Price £1,488,270
Price Per SF £47
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.33 AC
Rentable Building Area 32,000 SF
Number of Floors 3
Year Built 1900
Tenancy Single
Parking Ratio 0.47/1,000 SF
Clear Ceiling Height 14 ft
No. Dock-High Doors/Loading 3
Level Access Doors 2
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0023-N-00144-0000-00
Land Assessment
£82,951
Improvements Assessment
£516,038
Total Assessment
£598,989

zoning

Zoning Code NDI / Neighborhood Indust (NDI / Neighborhood Industrial)
NDI / Neighborhood Indust (NDI / Neighborhood Industrial)
  • Listing ID: 31048181

  • Date on Market: 26/02/2024

  • Last Updated:

  • Address: 825-837 W North Ave, Pittsburgh, PA 15233

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