Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2643 Penn Ave Pittsburgh, PA 15222

    For Sale
    $599,000

    Prime Penn Ave location, new construction.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 599,000 USD commercial property presents a rare opportunity to establish a business in Pittsburgh's vibrant Strip District. Situated within Forte, a brand-new 50-unit residential building, this unique space boasts prominent frontage on Penn Avenue, ensuring high visibility and foot traffic. The blank canvas interior offers endless possibilities for a variety of businesses, including salons, boutiques, coffee shops, art galleries, or studios. The property's versatility allows for customization to perfectly suit your specific needs and vision. Included with the sale is one convenient interior garage parking space, providing valuable parking for owners or employees, and additional storage space for inventory or equipment. This is a ground-floor commercial space in a new building, offering the advantages of modern construction and a thriving urban location. The 0.01-acre lot ensures easy access and a strong presence within the bustling Strip District. Don't miss this chance to secure a prime commercial space in one of Pittsburgh's most dynamic neighborhoods. The property is priced to sell and represents an excellent investment opportunity in a high-demand area. Act quickly, as opportunities like this are rare.

    Property Features for 2643 Penn Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    436 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny-East
    State
    Pennsylvania
    Longitude
    -79.97748
    Latitude
    40.45577

    Nearby Similar for Sale

    • $1,000,000
      0.17 Acres

      Updated Office Building in Lawrenceville

      Commercial property in the heart of Lawrenceville, move-in ready.
      258 42Nd St, Pittsburgh, PA 15201
      View Details
    • New
      $322,500
      0.13 Acres

      Crafton Fourplex with Income Potential

      Solid brick fourplex in Crafton with spacious units and updates.
      42 Baldwick Rd, Pittsburgh, PA 15205
      View Details
    • $450,000
      Pending

      Mt. Washington Four-Unit Property

      Well-maintained four-unit property in Mt. Washington neighborhood.
      201 Amabell St, Mt Washington, PA 15211
      View Details
    • $339,900
      Pending

      Plum Boro Investment Opportunity

      Expansive property with houses and industrial buildings on over 9 acres.
      1920 Renton Rd, Pittsburgh, PA 15239
      View Details
    • $835,000
      0.04 Acres

      Renovated Mixed-Use Property in Polish Hill

      Turn-key investment opportunity in Pittsburgh's Polish Hill neighborhood.
      3105 Brereton St, Pittsburgh, PA 15219
      View Details
    • $239,900
      0.08 Acres

      Versatile Property in Brookline Commercial District

      Mixed-use property with storefront, 3-bedroom house, and detached garage.
      931 Brookline Blvd, Brookline, PA 15226
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Penn Ave location, new construction.
    Where is this office property / space located?
    The property is located at 2643 Penn Ave Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $599,000.
    (412) 307-7394
    Request Owner's contact information
    2643 Penn Ave Pittsburgh, PA 15222
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2643 Penn Ave
    Pittsburgh, PA 15222
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2643 Penn Ave Pittsburgh, PA 15222
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.