Creative Flex Space with Fabrication
For Sale
Contact for pricing
5438-5440 Penn Ave, Pittsburgh, PA 15206
Adjoining commercial buildings combine fabrication, studio, gallery, office, and storage capabilities within a flexible creative-work setting.
Property SizeContact for details
Days on Market30
Property Features for 5438-5440 Penn Ave
General Information
Standard status
Active
Property subtype
Office, Industrial, Mixed Use
Zoning
Commercial
Property Condition
Severity
Major Repairs Needed
Evidence
substantially gutted
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Amenities
Kitchen/Break Room
Conference Space
Building Details
Buildings
2
Listing Agency:
Ion Tank
Listed By:
S Ginsburg · License #PA
Source:
Crexi
Added: Aug 3
Changed: Aug 30
Last Checked: Aug 31 at 1:52AM
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 Ion Tank
Investment Insights
Based on property information with market context.
The offering includes two adjoining commercial buildings at 5438-5440 Penn Ave that will be conveyed together. The principal building at 5440 Penn Ave contains approximately 14,000 square feet of design and fabrication space, with an industrial first floor, open studio areas, tall ceilings, extensive windows, radiant concrete and terrazzo flooring, a cargo ramp, heated garage, and oversized glass garage door. The property also includes accessible bathrooms on both floors, separate HVAC and utility systems, alarm zones, keyed steel doors, a kitchen and break room, conference space, and an elevator pit for a future lift.
The neighboring 5438 Penn Ave building has two 1,400-square-foot floors, a full basement, and a gated yard reached from the private alley. Its roof was replaced in 2023, and the facade was repointed in 2021. The building is currently used for storage and parking. The properties are located along Penn Avenue in Pittsburgh’s Friendship neighborhood and Arts corridor.
The neighboring 5438 Penn Ave building has two 1,400-square-foot floors, a full basement, and a gated yard reached from the private alley. Its roof was replaced in 2023, and the facade was repointed in 2021. The building is currently used for storage and parking. The properties are located along Penn Avenue in Pittsburgh’s Friendship neighborhood and Arts corridor.
Key Highlights
- 5440 Penn Ave provides approximately 14,000 square feet of design and fabrication space
- Industrial first floor includes terrazzo and radiant concrete floors, steel beams, and a cargo loading ramp
- 22' wide x 11'9" high glass garage door connects the shop to a double‑height gallery
Property Analytics
Property Profile
Current Use
Lease Details
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
Market
Vacancy Rate% for Office in Pittsburgh, PA
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Frequently Asked Questions
What type of property is this?
Flex space - Adjoining commercial buildings combine fabrication, studio, gallery, office, and storage capabilities within a flexible creative-work setting.
Where is this flex space located?
The property is located at 5438-5440 Penn Ave Pittsburgh, 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 provides approximately 14,000 square feet of design and fabrication space; Industrial first floor includes terrazzo and radiant concrete floors, steel beams, and a cargo loading ramp; 22' wide x 11'9" high glass garage door connects the shop to a double‑height gallery
