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    5816-5818 Forbes Ave Squirrel Hill, PA 15217

    For Lease
    $20 SF/Yr ($10,330 /Mo)

    Business - Squirrel Hill, PA

    Type:Business
    Lot size:
    0.14 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 5816-5818 Forbes Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Business
    Standard status
    Active
    Zoning
    COM
    Lot size
    0.14 Acres

    Building Details

    Architectural style
    Other

    Pittsburgh South Realty LP (412) 831-3800 [email protected]

    Listing agent Jingli Zhang (412) 831-3800 License #RS330713

    Listing date Aug 14, 2025

    MLS# 1716165 Listing URL

    Copyright © 2025 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Forbes Avenue Versatile Commercial Space

    Located on Forbes Avenue in the Squirrel Hill business district, this commercial space offers between 500 and 5,600 square feet. Situated on the second floor of the Panda Super Market building, the space is accessible via an elevator. The interior includes generously sized rooms, a conference room, shared kitchenettes, and a bathroom. The space can be divided to suit specific needs. The property is suitable for a variety of uses, including offices, a gym, a shop, a restaurant, or a spa.
    Location Intelligence

    Current Use by Public Records

    Panda Supermarket Asian Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Squirrel Hill
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.92221
    Latitude
    40.43807

    Nearby Similar for Lease

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      View Details
    • $1,795 /Mo

      Renovated Apartment in Squirrel Hill

      Recently renovated 4-bedroom apartment in the heart of Squirrel Hill.
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    FAQs

    What type of property is this?
    Retail space - Adaptable 500-5,600 sqft space in Squirrel Hill's business district.
    Where is this retail space located?
    The property is located at 5816-5818 Forbes Ave Squirrel Hill, PA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Forbes Ave in the heart of Squirrel Hill business district.; - Versatile space, ranging from 500-5,600 sqft, suitable for various business types.; - Accessible via elevator.
    (412) 831-3800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5816-5818 Forbes Ave Squirrel Hill, PA 15217
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