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    3232 Penn Ave, Unit 3234 Pittsburgh, PA 15201

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    For Sale
    Contact for pricing

    7,435 SF flex space in the Strip District.

    Property size:
    24,000 SF

    Property Features for 3232 Penn Ave

    General Information

    Size
    24,000 SF

    Building Details

    Year built
    1966

    Source: Howard West Agent Howard West

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Strip District Flex Space

    Located in the heart of the Strip District, this flex space offers 7,435 square feet of availability within a 24,000 square foot building. Occupancy is available starting in March 2027. The space features clear heights of 12 to 14 feet and includes one 7-foot by 15-foot drive-in door for loading. Parking is provided with 18 surface spaces located across the street. The property is zoned RIV-IMU (Riverfront Industrial Mixed-Use). Access to public transportation is immediate, and the location is approximately 1.9 miles from the CBD and about 2 miles from PA-28, I-376, and I-579.
    Location Intelligence

    Current Use by Public Records

    Freedman Capital Group ... Investment Service Hollywood Rag Newspaper Publisher

    Suggested Use

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

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

    Similar Places Nearby

    Grandma Joan's, Soiree Partners, Common Plea Catering, Common Plea Catering, Millie's Homemade Truck - Tiny Fleet

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.969279
    Latitude
    40.460942

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    FAQs

    What type of property is this?
    Flex space - 7,435 SF flex space in the Strip District.
    Where is this flex space located?
    The property is located at 3232 Penn Ave, Unit 3234 Pittsburgh, PA.
    What are key features of this property?
    This property features: - Prime Location: Situated in the heart of the Strip District.; - Flexible Space: 7,435 SF of flex space available for lease.; - Accessibility: Immediate access to public transportation and close proximity to major highways (PA-28, I-376 & I-579) and the CBD.
    (412) 528-1301
    Request Owner's contact information
    3232 Penn Ave, Unit 3234 Pittsburgh, PA 15201
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    Pittsburgh, PA 15201
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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
    3232 Penn Ave, Unit 3234 Pittsburgh, PA 15201
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