5515 Penn Ave Pittsburgh, PA 15206
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Prime Pittsburgh location, income producing.
Property size:
12,790 SFProperty Features for 5515 Penn Ave
General Information
- Property type
- Multifamily properties
- Square Feet
- 12,790 SF
Building Details
- Stories
- 2
- Units
- 5
Listing Agency: Hanna Commercial Real Estate - Pittsburgh Listing Agent: Spencer Lunt
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property at 5515 Penn Ave, Pittsburgh, PA 15206, presents a unique owner-user opportunity with existing income streams. The 12,790 square foot building boasts a versatile layout, combining commercial and residential space. The first floor encompasses 6,695 square feet of creative office space, featuring high ceilings, exposed brick, two large offices/conference rooms, and a flexible area easily adaptable for retail or assembly use, separated by a sliding door. Upstairs, the second floor houses three apartments: one 1-bedroom, 1-bathroom unit (1,800 sq ft), and two studio units (1,350 sq ft and 1,325 sq ft). Each space has its own utilities and HVAC system. Adding significant value, the sale includes two vacant lots totaling 0.39 acres (17,017 sq ft) behind the main building, zoned R2-H. The main building is zoned LNC. This central location offers unparalleled convenience, just one block from Whole Foods and the Liberty East Development, and minutes from Bakery Square, UPMC Children's Hospital, and Lawrenceville. Its proximity to Oakland, CMU, and Pitt (2.4 miles) further enhances its appeal. This is an excellent investment opportunity for a discerning buyer seeking a blend of income generation and prime commercial space in a thriving Pittsburgh neighborhood. The property's size, layout, and location make it ideal for a variety of uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office space
Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.931977603922
- Latitude
- 40.46394631678
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Prime Pittsburgh location, income producing.
Where is this multifamily property located?
The property is located at 5515 Penn Ave Pittsburgh, PA.
What are key features of this property?
This property features: 12,790 SF mixed-use building in Pittsburgh, PA, offering owner-user opportunity with existing income.; First floor features 6,695 SF of creative office space with high ceilings, exposed brick, and versatile layout.; Second floor contains three apartments: one 1BR/1BA (1,800 SF) and two studios (1,350 SF & 1,325 SF).
