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Two-Story Office Building
For Sale
$275,000

701 Fourth Avenue, New Kensington, PA 15068

CommercialSale, New Kensington, PA

Property Size6,555 SF
Lot Size0.24 Acres
Price / SF$41.95
Days on Market192

Property Features for 701 Fourth Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning C3
Zoning description C3
Directions Make right at 9th Street Bridge. Left at the traffic light on 7th Street. Building located on left side at the corner of 7th Street and 4th Avenue.
Subdivision New Kensington
Standard status Active
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 22500
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Marvin Birner · License #RS118713A
Added: Mar 2 Changed: Sep 9 Last Checked: Sep 10 at 10:06AM
MLS# 1741924

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.

Built in 1986, this two-floor office building contains approximately 6,555 square feet and is equipped with an elevator. The top floor is rented, while the first floor is vacant, creating a combination of occupied and available office space within the same property.

The building stands at 701 Fourth Avenue at the intersection of 4th Avenue and 7th Street in Downtown New Kensington. It is zoned C3, identified as Downtown Commercial, and includes assigned parking behind the building. The 0.24-acre site provides a compact downtown setting for the existing office improvements.

Key Highlights

  • Approximately 6,555 square feet across two floors
  • Built in 1986 with an elevator
  • Top floor is rented; first floor is vacant

Property Analytics

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Current Use

Morlacci, LLC- Electrical ... Electrical Service Image Radiology Medical Clinic Greenbriar - New Kensington Social Service Agency

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Cafe & Coffee Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby

Demographics for 15068, PA

37,104
Population
18,319
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
817
Density / Sq Mi
$62,997
Median Household Income
$42,795
Median Earnings
$749
Median Rent
$166,000
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 Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Elevator-served office property with one rented floor and one vacant floor.
Where is this office building located?
The property is located at 701 Fourth Avenue New Kensington, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Approximately 6,555 square feet across two floors; Built in 1986 with an elevator; Top floor is rented; first floor is vacant
More about this property
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