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    501 Penn Ave Wilkinsburg, PA 15221-2121
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    Property profile & analytics

    501 Penn Ave, Wilkinsburg, PA 15221-2121

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    • Banks
    • 0.47 lot acres
    Off-Market
    Last Sale May 11, 2021
    $1,865,000
    Property ID
    US73-1931361
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,715,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 501 Penn Ave

    Lot size
    0.47 lot acres
    Property type
    Banks
    APN
    175-S-73
    APU
    175S73

    Description

    This exceptional 10,000 square foot creative office space is ideally situated at the entrance to Pittsburgh's vibrant Cultural District. Boasting a prime corner location at the intersection of Penn Avenue and Cecil Place, this single-tenant property offers unparalleled visibility and accessibility. The space features dramatic 21-foot ceilings, creating a unique and inspiring atmosphere perfect for a variety of businesses. Convenient loading access is available via Cecil Place, streamlining operations. This location benefits from a captive audience of approximately 2,500 employees in nearby Fifth Avenue Place and Penn Avenue Place, along with the constant flow of visitors and residents within the Cultural District. The property's strategic position ensures high foot traffic and significant brand exposure. Furthermore, there's a potential for an additional 10,000 square feet of storage space in the lower level, providing ample room for expansion or inventory management. This Allegheny County property presents a rare opportunity to establish a thriving business in a dynamic and highly sought-after location. The property is currently vacant and ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,555,000
      ML approach
      $1,565,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wilkinsburg
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.8868
    Latitude
    40.4449
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $51,197
    $62,100
    $1,122,200
    $1,184,300
    -
    $62,100
    $1,122,200
    $1,184,300
    More about this property
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