Flex Space with Fabrication
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 Market102
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
alarm system
fire alarm system
security window film
Listing Agency:
HOMEZU
(855) 885-4663
Listed By:
Christopher Carr · License #PB00096279
(610) 326-2414
Added: Jun 1
Changed: Sep 9
Last Checked: Sep 10 at 9:06AM
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.
The offering combines two adjoining commercial buildings at 5438-5440 Penn Ave in Pittsburgh. The renovated 5440 Penn Ave building contains 14,000 square feet configured for design and fabrication, with open studio areas, tall ceilings, extensive windows, a fabrication shop, gallery space, cargo access, a heated garage, and a 22-foot-wide by 11-foot-9-inch-high glass garage door. Additional features include radiant concrete and terrazzo flooring, two accessible bathrooms on each floor, separate utilities, HVAC systems, alarm zones, and keyed steel doors. The second floor includes a kitchen/break room, conference area, and insulated floating floor.
The adjoining 5438 Penn Ave building includes two 1,400-square-foot floors, a full basement, and a gated yard reached through a private alley. Its exterior facade was repointed in 2021 and the roof was replaced in 2023; the interior is substantially gutted and currently used for storage and parking. The properties are offered together and will not be separated.
The adjoining 5438 Penn Ave building includes two 1,400-square-foot floors, a full basement, and a gated yard reached through a private alley. Its exterior facade was repointed in 2021 and the roof was replaced in 2023; the interior is substantially gutted and currently used for storage and parking. The properties are offered together and will not be separated.
Key Highlights
- 14,000‑square‑foot design and fabrication studio at 5440 Penn Ave
- 22‑foot‑wide by 11‑foot‑9‑inch‑high glass garage door connects gallery space with the shop
- Separate utilities, HVAC systems, alarm zones, and keyed steel doors on each floor
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Pittsburgh, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Foxy Frans Catering & Vending Services — 250 S Pacific Ave, Pittsburgh, PA 15224
- Food By Phoenix — 5160 penn ave, pittsburgh, pa 15224
Frequently Asked Questions
What type of property is this?
Flex space - Adjoining commercial buildings combine production, gallery, studio, storage, parking, and adaptable work areas along Penn Avenue.
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: 14,000‑square‑foot design and fabrication studio at 5440 Penn Ave; 22‑foot‑wide by 11‑foot‑9‑inch‑high glass garage door connects gallery space with the shop; Separate utilities, HVAC systems, alarm zones, and keyed steel doors on each floor
