224 Penn Ave Pittsburgh, PA 15221-2154
This exceptional office space at 224 Penn Avenue in Pittsburgh, PA, offers a fantastic opportunity for businesses seeking flexible and well-located accommodations. The building, a three-story Class B property constructed in 1985, boasts a total of 10,800 square feet, with 3,375 square feet currently available for lease. Units range from a minimum of 825 square feet to a maximum contiguous space of 1,650 square feet, catering to a variety of business needs. The building features convenient amenities including a hydraulic elevator, thirteen parking spaces (a mix of lot and street parking), and secure intercom access. Its location is highly desirable, providing easy access to public transportation via the bus line and proximity to several vibrant Pittsburgh neighborhoods including Wilkinsburg, Point Breeze, Regents Square, Squirrel Hill, and Shadyside. Professional on-site management ensures a well-maintained and efficient work environment. A significant incentive is offered: three months of free rent during the first year of tenancy. This is a rare opportunity to secure high-quality office space in a prime Pittsburgh location at an exceptional value. The building is professionally maintained and offers a secure and convenient work environment.
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Debbie M Lewis Family Dentistry Dental Office
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Aishel Real Estate Property Management Company Real Estate Agent
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JKG Real Estate Services, LLC Real Estate Agency
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HERBERT C BAZRON JR Physician
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Patrick J. McElfresh, Ph.D. Physician Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.