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5515 Penn Ave
Pittsburgh, PA 15206
For Sale, Office/Ret. Owner Occupant 6,068 sf · Retail Property For Sale


Investment Highlights
- Flexible layout suitable for owner-user, retail, or office.
- Prime urban location one block from Whole Foods Market.
Executive Summary
12,790 sf mixed use building with 6,068 sf 1st Floor Office/Retail and 3 Class A, Manhattan style apartments on the 2nd floor. Additionally, there are 4 parcels of land that comprise 1/3 acre behind the 2 story property with access from Dunkirk Street, zoned R2-H and currently used for parking for the tenants. This 2 story, 12,790 sf building is mixed use and is located in the East Liberty Business District one block from a new Whole Foods, 2 blocks from Duolingo's corp. headquarters and 6 blocks from Google's Pgh headquarters. Surrounded by tons of tech and professional offices, hotels, restaurants, retail, residential and minutes from 5 universities and 5 hospitals, it has major visibility along East Liberty's main Penn Ave corridor. The first floor office/retail features high ceilings, exposed brick, and open floor plates conducive to retail, office, or owner-user occupancy. The 2nd floor apartments are breathtaking with incredible natural wood, brick and glass features. Parking available to the rear of the building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,790 SF
Building Class
C
Year Built/Renovated
2000/2020
Price
$2,250,000
Price Per SF
$175.92
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.96
Lot Size
0.15 AC
Zoning
LNC - local neighborhood commercial
Parking
6 Spaces (0.47 Spaces per 1,000 SF Leased)
Frontage
48’ on Penn Ave
Amenities
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 0083-N-00322-0000-00 | Improvements Assessment | $0 |
| Land Assessment | $4,000 | Total Assessment | $4,000 |
Property Taxes
Parcel Number
0083-N-00322-0000-00
Land Assessment
$4,000
Improvements Assessment
$0
Total Assessment
$4,000
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