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225 Penn Ave, Pittsburgh, PA, 15221

Former East End Behavioral Health

Starting Bid: $1,500,000

Key Information

Tot. SF
190,806
Lot Size
7.06 Acres
Year Built
1984
Type
Healthcare

Highlights

Auction Details: October 19th – 21st

• Purpose-Built Medical Facility: Specialized infrastructure and medical zoning support efficient reuse or redevelopment for healthcare operators and investors. The three-story hospital includes, but is not limited to, a radiology department, surgical suites, respiratory and physical therapy areas, a laboratory, pharmacy, cafeteria, offices, storage rooms, mechanical rooms, and patient rooms.
• Premier Medical Location: Located in the Borough of Wilkinsburg, PA, directly east of downtown Pittsburgh, the subject property benefits from dense population demographics and the growing demand for healthcare services throughout the region.
• Strategic Surroundings: Situated less than two miles from Bakery Square, a 34-acre mixed-use office, retail, and residential campus, the property benefits from a vibrant and densely populated community, as well as the continued redevelopment and investment occurring along the Penn Avenue corridor.
• Value-Add Opportunity: This ±190,806-square-foot facility, originally constructed in 1984, offers significant potential for repositioning, adaptive reuse, or redevelopment within a market undergoing substantial transformation.
• Excellent Accessibility / Highly Visible: The facility is located along highly trafficked Penn Avenue, which provides direct access to downtown Pittsburgh. The property benefits from excellent accessibility and visibility, with more than 20,000 vehicles passing the site daily.
• Dense Demographics: With over 319,000 residents living within a five-mile radius of the property who have average household incomes exceeding $81,000, the demand for medical facilities and healthcare services is expected to increase accordingly as the surrounding population continues to grow.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203