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Renovated Mixed-Use Building
For Sale
Contact for pricing
Pending

1022 Penn Ave, Pittsburgh, PA 15221

Brick construction combines ground-floor storefront space with residential apartments above.

Property SizeContact for details
Days on Market143

Property Features for 1022 Penn Ave

General Information

Standard status Pending
Property subtype Retail, Office
Listing Agency: Realty One Group Gold Standard
Listed By: Demetri Samaha · License #PA RS344276
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Gold Standard

Investment Insights

Based on property information with market context.

This renovated brick mixed-use property combines a first-floor retail area with a three-bedroom apartment positioned behind the storefront. Separate five-bedroom apartments occupy the second and third floors, creating three residential units within the building. Each apartment includes a kitchen, full bathroom, washer, and dryer.

The upper-level apartments are furnished and currently used for short-term stays and room rentals. Utilities are separately metered, and the property is designated Retl/apts Over. A five-car parking lot is located behind the building. The property is situated on Penn Ave in Pittsburgh, Pennsylvania.

Key Highlights

  • Renovated solid brick mixed‑use building
  • First‑floor retail space with a three‑bedroom apartment behind it
  • Separate five‑bedroom apartments on the second and third floors

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

915
Businesses Nearby

Demographics for 15221, PA

28,913
Population
17,621
Households
1.6
Avg Household Size
42
Median Age
42%
College-Educated
95%
High-School Grad
6.2 sq mi
ZIP Area
4,663
Density / Sq Mi
$55,241
Median Household Income
$42,411
Median Earnings
$954
Median Rent
$157,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick construction combines ground-floor storefront space with residential apartments above.
Where is this mixed-use property located?
The property is located at 1022 Penn Ave Pittsburgh, PA.
What are key features of this property?
This property features: Renovated solid brick mixed‑use building; First‑floor retail space with a three‑bedroom apartment behind it; Separate five‑bedroom apartments on the second and third floors
(724) 941-1427 Call to check price and availability
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