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Completely Updated Office Building

1940 5th Avenue Pittsburgh, PA 15219

1940 5th Avenue, Pittsburgh, PA, 15219
$3,000,000
For Sale
$3,000,000

Completely updated office building with private parking and positioning between Downtown and Oakland’s academic and medical core.

Days on Market524

Property Features for 1940 5th Avenue

General Information

Standard status
Active
Property subtype
Office

Building Details

Year Built
1900
Listing agency RE/MAX HOME CENTER
Listed by Brian Schmidt · License #RS219850L
Source Xome
Added: Feb 12, 2025 Updated: Jul 20 at 11:43PM Checked: Jul 21 at 3:10AM

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 RE/MAX HOME CENTER


Investment Insights

Based on property information with market context.

This office building is offered for sale as an income-producing property that has been completely updated and is described as ready for a new owner. The building features attractive leased space for existing tenants and includes private parking that the seller notes could be expanded for additional revenue. Additional details and a pro forma are available upon request.

The property is located at 1940 5th Avenue in Pittsburgh and is described as positioned between Downtown Pittsburgh and the medical/educational/cultural center of Oakland, including CMU and the University of Pittsburgh.

The remarks also highlight potential tax benefits to startup companies through the Keystone Innovation Zone and reference the building’s location within one of Pittsburgh’s 28 designated Opportunity Zones.

Key Highlights

  • Completely updated office building for sale
  • 15 parking spaces on‑site, with potential for expansion for additional revenue
  • 3 guest facilities

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Nursing Home (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Adult Day Care

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

FAQs

What type of property is this?
Office building - Completely updated office building with private parking and positioning between Downtown and Oakland’s academic and medical core.
Where is this office building located?
The property is located at 1940 5th Avenue Pittsburgh, PA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Completely updated office building for sale; 15 parking spaces on‑site, with potential for expansion for additional revenue; 3 guest facilities
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