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Alli-Kiski Professional Building 701 Fourth Ave 6,555 SF Vacant Office Building New Kensington, PA 15068 $275,000 ($41.95/SF)
Executive Summary
Remarks
Built in 1986. Office building with an elevator. Located at the intersection of 4th Avenue and 7th Street in Downtown New Kensington. Zoned C3 "Downtown Commercial". Approximately 6,555 sq. feet on two floors. The top floor is rented at $38,250 per year. The first floor is vacant. Assigned parking in rear of building. Close to Route 28. Twenty minutes from Pittsburgh and ten minutes from Pennsylvania Turnpike. Situated in a Federal Opportunity Zone which was extended in the last tax act passed in 2025.
Built in 1986. Office building with an elevator. Located at the intersection of 4th Avenue and 7th Street in Downtown New Kensington. Zoned C3 "Downtown Commercial". Approximately 6,555 sq. feet on two floors. The top floor is rented at $38,250 per year. The first floor is vacant. Assigned parking in rear of building. Close to Route 28. Twenty minutes from Pittsburgh and ten minutes from Pennsylvania Turnpike. Situated in a Federal Opportunity Zone which was extended in the last tax act passed in 2025.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,555 SF
Building Class
B
Year Built/Renovated
1987/1999
Price
$275,000
Price Per SF
$41.95
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,277 SF
Building FAR
0.61
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
C3 - Downtown Commercial.
Parking
500 Spaces (10 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Greenbriar
- -
-
99,999 SF
-
$9.99
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Greenbriar | - | 99,999 SF | $9.99 | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
A first floor office opportunity in a two story brick building offering flexible space with GFA heating, central air, and 200 AMP electrical service. The suite includes six months free rent for renovations and is offered at $11/SF + utilities, ideal for customized professional use.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,277 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 3,277 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,277 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
A first floor office opportunity in a two story brick building offering flexible space with GFA heating, central air, and 200 AMP electrical service. The suite includes six months free rent for renovations and is offered at $11/SF + utilities, ideal for customized professional use.
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Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 24-03-15-0-513 | Improvements Assessment | $123,240 |
| Land Assessment | $15,090 | Total Assessment | $138,330 |
Property Taxes
Parcel Number
24-03-15-0-513
Land Assessment
$15,090
Improvements Assessment
$123,240
Total Assessment
$138,330
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Alli-Kiski Professional Building | 701 Fourth Ave
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