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Elevator-Served Office Building
For Sale
$275,000

701 Fourth Avenue, New Kensington, PA 15068

SINGLE_FAMILY - New Kensington, PA

Property Size6,555 SF
Lot Size0.24 Acres
Price / SF$41.95
Days on Market167

Property Features for 701 Fourth Avenue

General Information

Property type Residential
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 #PA
Added: Mar 2 Changed: Jun 30 Last Checked: Aug 16 at 7:06PM
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 office building is served by an elevator and offers office space across two floors. The upper floor is currently rented, while the first floor is vacant, allowing an owner to either position the space for immediate occupancy or update and lease it as desired.

The property is located at the intersection of 4th Avenue and 7th Street in downtown New Kensington. It is zoned C3 under “Downtown Commercial,” supporting a range of downtown-oriented commercial uses. Assigned parking is available in the rear of the building.

For prospective tenants, the vacant first-floor space provides an opportunity to occupy within an established office structure while the upper floor remains leased. For buyers, the mixed occupancy setup can appeal to those looking to acquire a straightforward, elevator-served office building with a current tenant in place and the flexibility to actively market the vacant level.

Key Highlights

  • Office building built in 1986 with elevator
  • Approximately 6,555 SF on two floors in Downtown New Kensington
  • Zoned C3 "Downtown Commercial"

Property Analytics

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.

Lease Details

50%
Occupancy

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

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 - Built in 1986, this two-floor office building offers elevator service and rear assigned parking in a C3 downtown setting.
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: Office building built in 1986 with elevator; Approximately 6,555 SF on two floors in Downtown New Kensington; Zoned C3 "Downtown Commercial"
More about this property
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