1940 5th Ave - Office FOR SALE


Pittsburgh, PA 15219
$3,500,000 USD
724-390-0006
1940 5th Ave, Pittsburgh, PA for Sale
$3,500,000 USD
Office - FOR SALE
1/37
null | 6.66% Cap Rate

1940 5th Ave
Pittsburgh, PA 15219


HIGHLIGHTS

  • Stunning, renovated, brick building with multiple tenants and off street private parking and courtyard in one of Pittsburgh's Opportunity Zones.

OVERVIEW

This income producing property is located in an Opportunity Zone and has Multiple Tenants. The building is located conveniently between downtown Pittsburgh and the Pitt and CMU campuses. There are tax benefits available for tenants due to the desirable Keystone Innovation Zone location. Extensive renovations have been completed inside and out and the building and grounds have been meticulously cared for. Included with the building are two full side lots, grassy and gardened, with off street parking for 15 vehicles.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

6.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1940 5TH AVENUE

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

COMMERCIAL

APN/PARCEL ID

0011-K-00015-0000-00

ASK ABOUT THIS PROPERTY

Bob CenkBroadview RealtyMore Info
724-390-0006

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Bob CenkBroadview RealtyMore Info
724-390-0006

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