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Property profile & analytics
FOR LEASE
Investment properties

2111 Penn Ave Pittsburgh, PA 15222

0.11 ac lot Built 1918
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US73-0974017
Property summary
AI-generated overview

This exceptional two-story retail building, located at 2111 Penn Avenue in Pittsburgh's thriving Strip District, presents a unique investment opportunity. The property boasts a total of 9,312 square feet, with 8,850 square feet currently available for lease. Built in 1982, the building features an impressive 48-foot wide clear span on each of its two floors, offering approximately 4,425 square feet of versatile space per level. High ceilings, reaching 16 feet to the beam, provide ample room for various retail configurations. Natural light floods the second floor thanks to sixteen strategically placed skylights. The property also includes two large drive-in garage bays, enhancing functionality and accessibility. Situated on a substantial 4.767-acre lot in Allegheny County, Pennsylvania, this property benefits from its prime location in one of Pittsburgh's fastest-growing neighborhoods. The building's striking glass façade offers excellent visibility and creates a modern aesthetic. This is a rare opportunity to secure a significant retail space in a highly desirable and dynamic area. The property's size, features, and location make it ideal for a variety of retail uses. The address is 2111 Penn Ave, Pittsburgh, PA 15222.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1918
Lot 0.11 ac (4,767 SF)
APN 9-D-149
UPID US73-0974017
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
  • Boulevard Glass & Metal Inc Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.30M
Owner & transaction history
A G Property Ventures L L C · 1 yrs held
A G Property Ventures L L C
since 2024
Last sale
$1.3M
2 recorded transactions
2024
$1.3M
2024
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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