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Creative Space with Studio Improvements
For Sale
$2,200,000

5438-5440 Penn Ave, Pittsburgh, PA 15206

CommercialSale, Pittsburgh, PA

Property SizeContact for details
Lot Size0.09 Acres
Days on Market90

Property Features for 5438-5440 Penn Ave

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
kitchen/break room
hardwired alarm/fire alarm systems
Listing Agency: HOMEZU
Listed By: Christopher Carr · License #PB00096279
Added: Jun 1 Changed: Aug 26 Last Checked: Aug 29 at 5:06AM
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.

This adjoining commercial property offering combines a substantially renovated creative facility with a second building awaiting interior redevelopment. The 14,000-square-foot primary building includes an industrial-grade fabrication shop, double-height gallery, window-lined design studio, kitchen and break room, conference area, four accessible bathrooms, separate HVAC and utility systems by floor, alarm zones, keyed steel doors, and an elevator pit prepared for a future lift. The first floor includes terrazzo and radiant concrete floors, exposed brick, steel structural elements, a cargo loading ramp, heated garage, and a 22-foot-wide by 11-foot-9-inch-high glass garage door.

The companion building contains two 1,400-square-foot floors, a full basement, and a gated yard reached from a private alley. Its Lackzoom Acidophilus facade was repointed in 2021, and the roof was replaced in 2023. The two properties are being offered together and are located along Penn Avenue in Pittsburgh's Friendship neighborhood.

Key Highlights

  • 14,000‑square‑foot design and fabrication studio
  • 22' wide x 11'9" high glass garage door connects the gallery to the shop
  • Separate utilities, HVAC systems, alarm zones, and keyed steel doors by floor

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Accounting Firm Travel Agency (Bike/Boat/Book/etc) 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.

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

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

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

What type of property is this?
Creative space - Adjoining properties combine a fabrication facility, design studio, gallery, and adaptable storage and parking areas.
Where is this creative 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: 14,000‑square‑foot design and fabrication studio; 22' wide x 11'9" high glass garage door connects the gallery to the shop; Separate utilities, HVAC systems, alarm zones, and keyed steel doors by floor
More about this property
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