933 5th Avenue, New Kensington, PA 15068
C-3 zoned three-story building with elevator and full basement, requiring renovation and suited to contractor redevelopment.
Property Features for 933 5th Avenue
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Building Details
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Based on property information with market context.
The building is located on Fifth Avenue, which has undergone significant revitalization over the past five years, including street improvements and the addition of a new building by UPMC. The remarks also note that previously vacant buildings have been addressed as part of the broader downtown updates.
From a practical standpoint, the property’s C-3 zoning and multi-story configuration make it a logical fit for buyers and contractors looking to renovate a downtown mixed-use asset. In addition to the property’s existing layout, the seller notes potential development incentives, including Federal Opportunity Zone, HUBZone Designation, and Keystone Innovation Zone, along with possible facade grants due to the National Historic District status. The site is also described as being three blocks from the 72-acre New Kensington Advanced Manufacturing Park, where more than $100 million has been committed in recent years for new buildings and renovations of existing structures.
Key Highlights
- C‑3 "Downtown Commercial" zoning allows restaurants, retail, office space, and residential on 2nd and 3rd floors
- Three‑story building with full basement and elevator
- 40 x 120 ft lot on Fifth Avenue
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 15068, PA
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Memory Lane Flower Shop — 706 5th Ave, New Kensington, PA 15068