5300 Penn Ave Pittsburgh, PA 15224
- Specialty properties
- 0.06 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 5300 Penn Ave
- Lot size
- 0.06 lot acres
- Property type
- Specialty properties
- APN
- 50-R-61
- APU
- 50R61
Description
This exceptional mixed-use property, located at 5300 Penn Avenue in Pittsburgh, Pennsylvania's vibrant 8th Ward, presents a unique investment opportunity. The building, a former funeral home, boasts approximately 6,000 square feet of space spread across two and a half stories, situated on a sizable 12,000 square foot corner lot with excellent visibility due to its signalized intersection. The asking price is $1,200,000, translating to $200 per square foot. The property is zoned LNC and offers ample parking with an 18-vehicle lot and a convenient drive-in garage accessible from South Atlantic. Internal features include a 1,000-pound freight elevator servicing the basement and second floor, adding to its versatility. Residential potential is also present with a 2-bedroom, 1-bathroom apartment located on the third floor. This prime East End location on Penn Avenue offers significant potential for a variety of uses, given its size, zoning, and convenient amenities. The property's history as the McCabe Funeral Home adds to its character and potential for adaptive reuse. This is a rare opportunity to acquire a substantial mixed-use property in a highly desirable Pittsburgh neighborhood.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Pittsburgh
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.9385
- Latitude
- 40.4644
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
