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Strip District - Redev/Invest/Occupy 3 Properties in Pittsburgh, PA
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 |
-
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| 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 | Individually For Sale | 0 |
| Status | Active | Total Building Size | 15,100 SF |
| Number of Properties | 3 | Total Land Area | 0.63 AC |
| 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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Strip District - Redev/Invest/Occupy
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