933 5th Avenue, New Kensington, PA 15068

This three-story commercial building is offered for sale with a full basement and an elevator. The property is positioned on a 40 x 120 lot and is expected to require renovation. The C-3 “Downtown Commercial” zoning supports a mix of uses, including restaurants, retail, office space, and residential on the second and third floors.

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.