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Massage Spa Property

4850-4854 Penn Ave, Pittsburgh, PA 15224

For Sale
$650,000

The operating Chinese massage spa is being offered in its current condition, with the sale on an as-is basis.

Property SizeContact for details
Days on Market359

Property Features for 4850-4854 Penn Ave

General Information

Standard status Active
Property subtype Commercial
Zoning COM, COM

Site & Location

Neighborhood Bloomfield
Corner Location Yes

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $2,697
Listing Agency: LIFESPACE REAL ESTATE
Listed By: Trudy Huynk
Source: Indianlakerealty
Added: Nov 18, 2025 Changed: Nov 11 Last Checked: Nov 11 at 2:31AM

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 LIFESPACE REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

At 4850-4854 Penn Ave, the property is currently occupied by a Chinese massage spa and is offered as-is. The building previously served as a duplex. Zoning is listed as COM.

The site is at a traffic-signal-controlled junction of Penn Avenue and S. Millvale Avenue in Pittsburgh’s 8th Ward.

Key Highlights

  • Current use is a Chinese massage spa
  • Former duplex building
  • At the signalized Penn Avenue and S. Millvale Avenue intersection in Pittsburgh’s 8th Ward

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Law Firm Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store

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

3,130
Businesses Nearby
Balanced
Demand for This Use

Demographics for 15224, PA

10,568
Population
6,380
Households
1.7
Avg Household Size
34
Median Age
55%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
7,045
Density / Sq Mi
$65,974
Median Household Income
$49,642
Median Earnings
$1,191
Median Rent
$240,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Pittsburgh, PA

5.1% 2019
5.5% 2020
5.5% 2021
4.8% 2022
4.6% 2023
4.4% 2024
6.4% 2025

Similar Off Market Nearby

  • SOURCE PITTSBURGH (Pittsburgh Community Acupuncture) — 460 Melwood Ave # 211, Pittsburgh, PA 15213
  • Restore Hyper Wellness — 5213 Liberty Ave, Pittsburgh, PA 15224
  • Inner Compass Acupuncture and Wellness — 500 S Aiken Ave Suite 102, Pittsburgh, PA 15232
  • NovaCare Rehabilitation - Bloomfield — 5100 Liberty Ave, Pittsburgh, PA 15224
  • Peace of Time Wellness — 4748 Liberty Ave, Pittsburgh, PA 15224

Frequently Asked Questions

What type of property is this?
Spa & wellness property - The operating Chinese massage spa is being offered in its current condition, with the sale on an as-is basis.
Where is this spa & wellness property located?
The property is located at 4850-4854 Penn Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Current use is a Chinese massage spa; Former duplex building; At the signalized Penn Avenue and S. Millvale Avenue intersection in Pittsburgh’s 8th Ward
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