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Three-Story Commercial Building with Elevator
For Sale
Contact for pricing

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 Size14,400 SF
Price / SF$5.21
Days on Market59

Property Features for 933 5th Avenue

General Information

Standard status Active
Size 14,400 SF
Property subtype Retail, Office
Zoning C-3

Additional Details

Opportunity Zone Yes

Building Details

Stories 3
Listing Agency: Coldwell Banker Commercial
Listed By: Marvin Birner · License #PA rs118713a
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Aug 6 at 9:00AM

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 Coldwell Banker Commercial

Investment Insights

Based on property information with market context.

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.

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

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Hair Salon Storage Facility

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

648
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • Memory Lane Flower Shop 706 5th Ave, New Kensington, PA 15068

Frequently Asked Questions

What type of property is this?
Storefront property - C-3 zoned three-story building with elevator and full basement, requiring renovation and suited to contractor redevelopment.
Where is this storefront property located?
The property is located at 933 5th Avenue New Kensington, PA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 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
More about this property
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