Flex Space with Fabrication
For Sale
$2,200,000
5438-5440 Penn Ave Friendship, Park, PA 15206
CommercialSale, Friendship Park, PA
Property SizeContact for details
Lot Size0.09 Acres
Days on Market132
Property Features for 5438-5440 Penn Ave Friendship
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comme
Zoning description
Comme
Directions
5438-40 Penn Ave. are in Pittsburgh's Friendship Neighborhood between Roup Ave. and S. Graham St.
Subdivision
Friendship Park
Standard status
Active
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
11258
Amenities
conference space
break room
security system
Building Details
Building materials
Brick
Listing Agency:
HOMEZU
(855) 885-4663
Listed By:
Christopher Carr · License #RM420776
(610) 326-2414
Added: Jun 1
Changed: Oct 8
Last Checked: Oct 10 at 4:06PM
MLS# 1757583
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The offering combines two adjoining Penn Avenue properties. At 5440 Penn Ave, a 14,000-square-foot building provides fabrication space on the first floor and a window-lined design studio above. The shop includes a cargo ramp, heated garage, and a 22-foot-wide by 11-foot-9-inch-high glass garage door opening to a double-height gallery. Both floors have two accessible bathrooms and separate utilities, alarm zones, and HVAC systems; the upper level also includes a kitchen and break room, plus a conference area. An elevator pit is in place on the first floor. The building underwent environmental remediation and a major renovation.
The neighboring property at 5438 Penn Ave has two 1,400-square-foot floors, a full basement, and a gated yard reached from a private alley. Its interior has been substantially gutted, and the building is currently used for storage and parking. The brick exterior was repointed in 2021, and the roof was replaced in 2023. The two properties are being offered together and will not be sold separately.
The neighboring property at 5438 Penn Ave has two 1,400-square-foot floors, a full basement, and a gated yard reached from a private alley. Its interior has been substantially gutted, and the building is currently used for storage and parking. The brick exterior was repointed in 2021, and the roof was replaced in 2023. The two properties are being offered together and will not be sold separately.
Key Highlights
- 5440 Penn Ave includes 14,000 square feet of studio and fabrication space
- First‑floor shop connects to a heated garage, cargo ramp, and double‑height gallery
- Glass garage door measures 22 feet wide by 11 feet 9 inches high
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,863
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15206, PA
28,774
Population
17,004
Households
1.7
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
4.8 sq mi
ZIP Area
5,995
Density / Sq Mi
$69,906
Median Household Income
$49,009
Median Earnings
$1,284
Median Rent
$288,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Connected studio and fabrication areas are offered with an adjoining building currently used for storage and parking.
Where is this flex space located?
The property is located at 5438-5440 Penn Ave Friendship Park, PA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 5440 Penn Ave includes 14,000 square feet of studio and fabrication space; First‑floor shop connects to a heated garage, cargo ramp, and double‑height gallery; Glass garage door measures 22 feet wide by 11 feet 9 inches high
