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Property profile & analytics
OFF-MARKET
Retail space

1421 Penn Ave Pittsburgh, PA 15222-4311

0.08 ac lot
Individually Owned ~ Est. High Equity
Property ID
US73-2675268
Property summary
AI-generated overview

This exceptional two-story retail property, located at 1421 Penn Avenue in Pittsburgh, Pennsylvania's vibrant Golden Triangle District, offers 6,468 square feet of vacant space. The building sits on a 3,606 square foot lot and is zoned GT-B Golden Triangle District B, providing flexibility for a variety of commercial uses. The single-tenant occupancy allows for complete control and customization of the space. The property's prominent location on Penn Avenue ensures high visibility and accessibility for customers. With its strategic position in the heart of Pittsburgh, this property presents a unique opportunity for businesses seeking a high-traffic location. The Allegheny County location provides easy access to major transportation routes and a diverse customer base. The building's two stories offer ample space for retail operations, offices, or a combination of both. The property's address is 1421 Penn Ave, Pittsburgh, PA 15222. The Allegheny County Assessor's Parcel Number (APN) is 9-L-49. This is a rare opportunity to secure a significant retail presence in a prime Pittsburgh location. The entire building is currently vacant, providing a blank canvas for a new tenant to create their ideal space. This property is ready for immediate occupancy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.08 ac (3,606 SF)
APN 9-L-49
UPID US73-2675268
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shehady Carpet & Rugs Carpet & Flooring Store Home Decor Store
  • Cory Bonnet Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard J Shehady · 2 yrs held
Richard J Shehady
since 2024
Last sale
$155,000
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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