2124 Penn Ave, Pittsburgh, PA 15222

Building Details

Year Built

1903

Listing office d***@lee-associates.com Show Phone

Listing date Jun 29, 2026

Source Lee-associates

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All listing content including descriptions, pricing, images are the copyrighted material of Dana Grau, SIOR, CCIM

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Overview

This mixed-use investment property is presented as a legacy asset with in-place income and significant capital improvements, described as being in exceptional condition. The offering also highlights adaptive reuse considerations, including potential for conversion to multifamily uses, depending on redevelopment goals.

The property is located on Penn Avenue in Pittsburgh, positioned within the Strip District area. The surrounding environment is described as a mix of residential, office, retail, hospitality, and technology investment, with the broader neighborhood referenced as continuing to experience population growth.

For buyers and investors evaluating mixed-use holdings, this asset is positioned for those interested in maintaining current income while planning capital upgrades or pursuing redevelopment pathways. The stated focus on long-term investment, adaptive reuse, and potential multifamily conversion makes it most suitable for operators who want flexibility in how the property is ultimately utilized within the mixed-use context.

Suggested Use

Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Shopping Center & Mall Clothing & Fashion Store Florist Veterinary Clinic Pet Store Pet Store & Service Locksmith

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

Location Insight

• Map
• Local Demand

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Longitude

-79.982245

Latitude

40.45201

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FAQs

What type of property is this?

Mixed-use property - A mixed-use asset with in-place income and noted capital improvements in Pittsburgh’s Strip District area.

Where is this mixed-use property located?

The property is located at 2124 Penn Ave Pittsburgh, PA.

What are key features of this property?

This property features: Year built: 1903; Mixed‑use investment asset with in‑place income; Noted significant capital improvements