5020 Penn Ave - Storefront Retail/Residential FOR SALE


Pittsburgh, PA 15224
$1,395,000 USD
724-933-6300
5020 Penn Ave, Pittsburgh, PA for Sale
$1,395,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

5020 Penn Ave
Pittsburgh, PA 15224


HIGHLIGHTS

  • New roof Just installed, High ceilings with beautiful beamed ceilings on the third floor.
  • A very unique building with a prime location in Pittsburgh.
  • Conveniently located near Bakery Square and the Children's hospital.
  • The neighborhood is currently being revitalized for an upcoming culture art district.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bank, Medical, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

local commercial

APN/PARCEL ID

0050-P-00116-0000-00

ASK ABOUT THIS PROPERTY

Craig LalamaRE/MAXMore Info
724-933-6300

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Craig LalamaRE/MAXMore Info
724-933-6300

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