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Investment Highlights

  • Situated in the Squirrel Hill Business District
  • Elevator

Executive Summary

Position your business or investment in one of Pittsburgh's most vibrant commercial corridors with this exceptional mixed-use property on Forbes Avenue, located in the heart of the highly sought-after Squirrel Hill business district. The first floor is occupied by the well-known Panda Super Market, providing established retail presence and income potential. The second floor offers approximately 6,100 square feet of versatile commercial space with a flexible floor plan, ideal for a wide range of business or professional uses. Designed for functionality and convenience, the upper level features multiple spacious offices and open work areas, a conference room, shared kitchenettes, and restroom facilities. Elevator access provides easy entry for clients, customers, and employees. The layout also offers the potential to be subdivided, creating opportunities for multiple tenants or customized business configurations. Whether you're an owner-user seeking a turnkey headquarters or an investor looking for immediate income potential and long-term appreciation, this property presents an outstanding opportunity. Position your business or investment in one of Pittsburgh's most vibrant commercial corridors with this exceptional mixed-use property on Forbes Avenue, located in the heart of the highly sought-after Squirrel Hill business district. The first floor is currently occupied by the well-known Panda Super Market and is ideally suited for retail, restaurant, or other customer-facing businesses. The second floor offers approximately 6,100 square feet of versatile commercial space with a flexible floor plan, making it ideal for a wide range of business or professional uses. Whether you're an owner-user seeking a new headquarters or an investor looking for a prime commercial asset with long-term appreciation potential, this property presents an outstanding opportunity.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Taxes $39,525 $2.35
Operating Expenses - -
Total Expenses $39,525 $2.35

Financial Summary (Actual - 2025)

Taxes
Annual $39,525
Annual Per SF $2.35
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $39,525
Annual Per SF $2.35

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
16,800 SF
Building Class
C
Year Built
1900
Price
$2,590,000
Price Per SF
$154.17
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.75
Lot Size
0.14 AC
Zoning
C - Commercial LNC

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Oakland Village Realty
  • Real Estate
  • -
  • -
  • -
  • Panda Supermarket LLC
  • Retailer
  • -
  • -
  • -
  • Real Estate
  • -
  • -
  • -

At Robb Real Estate Company they are focused on providing each of our clients with the best possible care. They are only as successful as they help each of them to be. People trust them to care for their investment properties, and it’s a task Robb Real Estate doesn’t take lightly. They not only want them to maximize their investments, but they want to help make the entire process of having a rental process hassle free. When a company works with Robb Real Estate Company they get a team of professionals who are committed to the mission. They each bring with them years of experience in the real estate field, as well as client services skills that are second to none. Their team of professionals knows how to work with tenants as well as property owners, to create a harmonious experience for all. They are highly experienced in all aspects of property management and currently serve the entire greater Pittsburgh area, Western PA, and Northeastern Ohio area.

Tenant Industry SF Occupied Rent/SF Lease End
Oakland Village Realty Real Estate - - -
Panda Supermarket LLC Retailer - - -
Real Estate - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 5,600 SF
  • Office/Retail
  • -
  • Now

Former therapy office that did group therapy, lots of space. This 2nd floor DOES have an elevator. Can be used as restaurant, bakery, coffee shop space as well

Space Size Space Use Position Available
2nd Floor 5,600 SF Office/Retail - Now

2nd Floor

Size
5,600 SF
Space Use
Office/Retail
Position
-
Available
Now

2nd Floor

Size 5,600 SF
Space Use Office/Retail
Position -
Available Now

Former therapy office that did group therapy, lots of space. This 2nd floor DOES have an elevator. Can be used as restaurant, bakery, coffee shop space as well

Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100

Nearby Major Retailers

Citizens Bank
Keybank
PNC Bank
Chase
Dollar Bank
Huntington National Bank
Bank of America
Aladdin's Eatery
Starbucks
Giant Eagle

Property Taxes

Property Taxes

Parcel Number
0086-L-00035-0000-00
Land Assessment
$260,100 (2026)
Improvements Assessment
$1,239,900 (2026)
Total Assessment
$1,500,000 (2026)
Annual Taxes
$39,525 ($2.35/SF)
Tax Year
2025
  • Listing ID: 41125507

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 5818 Forbes Ave, Pittsburgh, PA 15217

Contact the Sale Advisor

5816- 5818 Forbes Ave | 5818 Forbes Ave

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