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Historic Mixed-Use Office Building
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2124 Penn Ave, Pittsburgh, PA 15222

Historic office building with modernized systems, private restrooms, and flexible suite configurations near Downtown Pittsburgh.

Days on Market5

Property Features for 2124 Penn Ave

General Information

Standard status Active
Property subtype Office - General Office

Building Details

Building Size 37,500 SF
Year Built 1903
Listing Agency: Lee & Associates - Western Pennsylvania
Listed By: Dana Grau, SIOR, CCIM
Source: Commercialcafe
Added: Jul 26 Changed: Jul 27 Last Checked: Jul 30 at 3:12AM

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 Lee & Associates - Western Pennsylvania

Investment Insights

Based on property information with market context.

The American Wholesale Building is a historic commercial property originally constructed in 1903, offering flexible office configurations and move-in-ready suite options. The interior features 21 private restrooms distributed throughout the building, as well as kitchenettes incorporated within office suites. Recent capital improvements include a new roof installed in 2025 with a 10-year warranty, a new passenger elevator, an upgraded fire protection system, and full-building sprinkler coverage. Security infrastructure includes video surveillance and a floor-by-floor security system.

Located in the Strip District near Downtown Pittsburgh, the property provides convenient access to major highways, public transportation, and regional transportation corridors. The offering is positioned as a mixed-use investment opportunity with in-place income and additional opportunities related to lease-up of existing vacancy and adaptive reuse.

Future use considerations mentioned include multifamily (approximately 40–45 residential units subject to zoning and municipal review), boutique hospitality, mixed-use residential, creative office, and live/work concepts.

Key Highlights

  • Historic American Wholesale Building constructed in 1903 in Pittsburgh’s Strip District
  • Recent capital improvements include a new roof installed in 2025 (10‑year warranty), new passenger elevator, upgraded fire protection, and full‑building sprinkler system
  • Security infrastructure includes video surveillance and a floor‑by‑floor security system

Property Analytics

Current Use

CH4nge Association Or Organization Grandpa Joe's Ice ... Grocery & Convenience Store Grandpa Joe's Candy ... Specialty Food Shop Patricia Elmes Farley Clothing & Fashion Store Evermark Studios Wedding Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Nursing Home Plumbing Service Florist Veterinary Clinic

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

9,146
Businesses Nearby

Demographics for 15222, PA

5,976
Population
4,008
Households
1.5
Avg Household Size
33
Median Age
77%
College-Educated
99%
High-School Grad
0.9 sq mi
ZIP Area
6,640
Density / Sq Mi
$111,926
Median Household Income
$61,190
Median Earnings
$1,963
Median Rent
$557,800
Median Home Value

Market

Vacancy Rate% for Office in Pittsburgh, PA

10.2% 2019
12.2% 2020
14.6% 2021
13.9% 2022
16.1% 2023
17.5% 2024
17.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic office building with modernized systems, private restrooms, and flexible suite configurations near Downtown Pittsburgh.
Where is this office building located?
The property is located at 2124 Penn Ave Pittsburgh, PA.
What are key features of this property?
This property features: Historic American Wholesale Building constructed in 1903 in Pittsburgh’s Strip District; Recent capital improvements include a new roof installed in 2025 (10‑year warranty), new passenger elevator, upgraded fire protection, and full‑building sprinkler system; Security infrastructure includes video surveillance and a floor‑by‑floor security system
More about this property
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