Two-Story Retail Building with
5711 Forward Ave Pittsburgh, PA 15217
For Sale
Contact for pricing
Two-story retail building features four drive-in garage bays and 58' of frontage with 14' ceiling height.
Property Size2,880 SF
Price / SF$321.18
Days on Market247
Property Features for 5711 Forward Ave
General Information
Standard status
Active
Size
2,880 SF
Property subtype
RETAIL
Listing Agency:
Pennsylvania Commercial Real Estate, Inc.
(412) 720-8279
Listed By:
Porter Scott
(412) 720-8279
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Jul 27
Last Checked: Jul 28 at 3:51PM
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 Pennsylvania Commercial Real Estate, Inc.
Investment Insights
Based on property information with market context.
This two-story retail building totals 2,880 SF, with 2,280 SF on the first floor and 600 SF on the second floor. The property includes four drive-in garage bays, each with a 10' opening, along with a reception-area office. The main space offers 14' ceiling height.
The building sits on approximately 58' of frontage on Forward Avenue. It is zoned LNC (Local Neighborhood Commercial). ADT is listed as 13,879 vehicles (+/-).
The layout supports a ground-floor retail presence with additional space upstairs, complemented by multiple bay openings for convenient loading or service access.
The building sits on approximately 58' of frontage on Forward Avenue. It is zoned LNC (Local Neighborhood Commercial). ADT is listed as 13,879 vehicles (+/-).
The layout supports a ground-floor retail presence with additional space upstairs, complemented by multiple bay openings for convenient loading or service access.
Key Highlights
- Two‑story retail building with 2,880 SF total (2,280 SF first floor, 600 SF second floor)
- Four (4) drive‑in garage bays, 10' each
- 14' ceiling height
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.8k | $18.00 |
| − Vacancy | −$3.9k | −$1.35 |
| EGI | $48.0k | $16.65 |
| − OpEx | −$14.4k | −$5.00 |
| NOI | $33.6k | $11.66 |
2,880 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$479.5K
$419.6K – $559.4K
NOI $33,566 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$917.2K
$802.6K – $1.07M
NOI $64,205 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Two-story retail building features four drive-in garage bays and 58' of frontage with 14' ceiling height.
Where is this retail space located?
The property is located at 5711 Forward Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑story retail building with 2,880 SF total (2,280 SF first floor, 600 SF second floor); Four (4) drive‑in garage bays, 10' each; 14' ceiling height
