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Live-Work "Penn Ave Arts" Property For Sale!
5131 Penn Avenue, Pittsburgh, PA 15224
5131 Penn Ave Front Facade
N/A
4,500 SF
Retail
Street Retail
Vacant/Owner-User
3
1930
2,000 SF
-
Last Verified 11/23/2009
Listing ID 16203520
Highlights
Ideal Owner-User property. Studio/Gallery/Office space on 1st floor + Basement. Live and rent additional 2 floors.- Situated between Bloomfield, Friendship & East Liberty...Pittsburgh's fastest growing East End neighborhoods!
- 1/2 mile to new Children's Hospital opening May 2009!
- Rare opportunity to own a live-work property in a growing neighborhood!
- Potential for local "Upstairs Downstairs" financing for small business/living accommodations.
Description
3 Story brick, mixed-use retail building with occupancy for 3 residential apartments. 4500 SF. 1st Floor Front: commercial retail/office/studio 500+/- SF; Separate entrance to 1st floor Rear Unit + Basement and apartments on both 2nd and 3rd floor, approx. 1100 SF each. Alley access to yard/possible off-street parking in rear of building. Fantastic Rehab potential with existing architectural detail, original wood trim and pocket doors, large windows and good natural light.
Centrally located in the heart of the Penn Avenue Arts Initiative (PAAI), a community effort to encourage artists to live and work along the Avenue, rehab properties, make loans or grants for facade renovations and organize joint special events to promote the neighborhood. 1/2 mile from the new Children's Hospital in Bloomfield and 1 mile from Bakery Square in Shadyside. 4 miles to Downtown Pittsburgh.
Map of 5131 Penn Avenue, Pittsburgh, PA 15224 (Allegheny County)
Created 4/22/2009
Additional Information for 5131 Penn Avenue, Pittsburgh, PA 15224
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The information above has
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it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
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property to determine to your satisfaction the suitability of the property for your needs. TB-BSO