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Investment Highlights

  • Potential for vertical construction
  • Strip District location - steps to numerous nearby amenities
  • 2 Existing tenants
  • 28 parking spaces

Executive Summary

Flex-Industrial Building For Sale - Excellent Investment or Owner-Occupier Opportunity. Two existing tenants, Hounds Town and DoorDash (expires 02/2026), provide $189,613 of NOI annually. Proforma NOI of $328,800 with full occupancy. Great for owner-occupancy, lease-up, or vertical construction (up to 155 units). Strategic location in the heart of the Strip District, walkable to numerous amenities. Convenient access: 2 miles to Pittsburgh’s CBD, less than 4 miles to all major roadways (PA-28, I-279, I-579, I-376).

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual -
Net Operating Income
Annual $99,999

Property Facts

Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 15,100 SF
Total Land Area 0.63 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3232 Penn Ave, Pittsburgh, PA 15201 Flex 7,435 SF 1966 -
3220 Penn Ave, Pittsburgh, PA 15201 Industrial 7,665 SF 1966 -
3235-3237 Penn Ave, Pittsburgh, PA 15201 Land 0.21 AC - -
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  • Listing ID: 31510431

  • Date on Market: 4/15/2024

  • Last Updated:

  • Address: Strip District - Redev/Invest/Occupy, Pittsburgh, PA

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