5020 Penn Ave | Pittsburgh, PA 15224
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5020 Penn Ave
Pittsburgh, PA 15224
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New roof Just installed, High ceilings with beautiful beamed ceilings on the third floor.
- Conveniently located near Bakery Square and the Children's hospital.
- A very unique building with a prime location in Pittsburgh.
- The neighborhood is currently being revitalized for an upcoming culture art district.
EXECUTIVE SUMMARY
Don’t miss this great investment opportunity in the Penn Avenue Corridor, centrally located between UPMC Children's Hospital and Bakery Square. The neighborhood is being revitalized quickly – and the curb appeal of this solid brick,10,000 square foot, 3-story building offers countless possibilities for the right buyer. While the building is currently permitted for 3 storefronts with 5 apartments, you can bring your vision to the property. Imagine a boxing gym, yoga studio, or any kind of boutique retail from a bookstore to a retro furniture shop. In addition to great bones, the building has a brand-new roof, soaring ceilings, amazing architectural details and such a unique look that it was used as a set for the movie, The Perks of Being a Wallflower. It’s truly a one-of-a-kind space. Use your imagination! See a drone fly-through of the property here https://www.youtube.com/watch?v=wsgjn3FQ_qU and below in the links.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
13,000 SF
Building Class
C
Year Built
1900
Price
$2,017,867 CAD
Price Per SF
$155 CAD
Percent Leased
23%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.13 AC
Zoning
local commercial
Frontage
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 0050-P-00116-0000-00 | Improvements Assessment | $154,775 CAD |
| Land Assessment | $62,199 CAD | Total Assessment | $216,975 CAD |
PROPERTY TAXES
Parcel Number
0050-P-00116-0000-00
Land Assessment
$62,199 CAD
Improvements Assessment
$154,775 CAD
Total Assessment
$216,975 CAD
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