3220-3232 Penn Avenue Pittsburgh, PA 15201

Building Details

Year Built

1966

Listing office Lee & Associates - Western Pennsylvania h***@lee-associates.com Show Phone

Listing date Nov 26, 2025

Source Lee-associates

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Investment Insights

Based on property information with market context.

This 24,000 square foot flex warehouse is situated on a 0.84-acre lot in the heart of the Strip District. The property is zoned RIV-IMU (Riverfront Industrial Mixed-Use) and offers potential for vertical construction of up to 155 units. The building is currently 100% occupied by three tenants: Work America, Hounds Town, and Door Dash, providing substantial in-place cash flow. The property features 28 parking spaces and three drive-in doors. Conveniently located, it is 1.9 miles from the CBD, 2.1 miles from Route 28, and 2.1 miles from I-376 and I-579. The location provides steps to numerous nearby amenities.

Key Highlights

• Substantial in‑place cash flow from 100% occupancy by 3 tenants.
• Carried land play with potential for vertical construction of up to 155 units due to RIV‑IMU zoning.
• Prime location in the heart of the Strip District, offering steps to numerous nearby amenities.

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FAQs

What type of property is this?

Flex space - 24,000 SF flex warehouse in the heart of Strip District.

Where is this flex space located?

The property is located at 3220-3232 Penn Avenue Pittsburgh, PA.

What are key features of this property?

This property features: Substantial in‑place cash flow from 100% occupancy by 3 tenants.; Carried land play with potential for vertical construction of up to 155 units due to RIV‑IMU zoning.; Prime location in the heart of the Strip District, offering steps to numerous nearby amenities.