412-512-1655
120 Cecil Pl, Pittsburgh, PA for Sale
Loft/Creative Space - FOR SALE
1/5
null | Request Cap Rate

120 Cecil Pl
Pittsburgh, PA 15222
The Point


OVERVIEW

CALL FOR OFFERS DEADLINE IS FRIDAY APRIL 22, 2022. BID INSTRUCTIONS ATTACHED. Colliers and JLL are pleased to present for sale the Pittsburgh Allegheny County Thermal (PACT) steam power generation facility in Pittsburgh’s Central Business District. Located at 120 Cecil Place, Pittsburgh, PA 15222, the buildings measures approximately 121,000 square feet and is situated on a .82 acre parcel. This offering is “unpriced”, and shall be determined by the market. Possible uses include: apartments; condos; office space; self storage; wet lab space; other special uses; institutional uses; or vacant land play. The zoning classification is Golden Triangle l GT-C. The location is very desirable, as it overlooks the Allegheny River, PNC Park, and the popular North Shore mixed use developments. The University of Pittsburgh and Carnegie Mellon University are less than 15 minutes and 3.5 miles from the site, while Pittsburgh International Airport is less than 30 minutes and 18 miles from 120 Cecil Place. This offering is for the sale of the real estate only, and does not include any off-site utility tunnels owned by PACT. Tours of the building are by private appointment only. • Two (2) buildings totaling 121,000 SF on a .82 acre (35,560 SF) site • Building is currently being used as a Steam Power Generation Facility • Prime location overlooking the Allegheny River, PNC Park, and the famed North Shore mixed-use developments • GT-C zoning (Golden Triangle) • This offering is for the sale of the real estate only, and does not include any off-site utility tunnels owned by PACT • Possible uses include: apartments; condos; loft office; self storage; wet lab space; special uses; vacant land play; institutional • Existing parking spaces for 12 vehicles • All public utilities • FEMA Flood Map #42003C0334H • Frontage on Fort Duquesne Boulevard overlooking the Allegheny River, PNC Park, and the North Shore • Two (2) active Underground Storage Tanks on the site • Dual electrical fees from Duquesne Light Company

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

R&D, undefined, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

C

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

GT-C

APN/PARCEL ID

0008-R-00001-0000-00

ASK ABOUT THIS PROPERTY

Gregory BroujosBuncher Realty Service GroupMore Info
412-512-1655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gregory BroujosBuncher Realty Service GroupMore Info
412-512-1655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.