5618 Kentucky Ave Pittsburgh, PA 15232-2606
This exceptional 14,500 square foot office building, located at 5618 Kentucky Avenue in Pittsburgh, Pennsylvania's desirable Shadyside neighborhood, presents a compelling investment opportunity. The property, a four-story building (plus a finished basement) constructed in 1969, is classified as a Class B building and is zoned for commercial use. Currently configured as a single-tenant space, it offers significant flexibility for various office configurations, having previously served as a daycare center. The layout includes a blend of existing classroom and work areas, allowing for customization to suit diverse business needs, from open workspaces to private offices. The building boasts 16 parking spaces, a significant advantage in this vibrant urban setting. Priced at $2,100,000 ($144.83 per square foot), this property represents a rare opportunity to acquire a well-maintained, structurally sound building in a highly sought-after location. Its versatile design, prime location within Allegheny County (zip code 15232), and ample parking make it an ideal owner-user investment or a strong candidate for redevelopment. The property's strategic position within the commercial landscape of Shadyside, known for its blend of residential charm and commercial vitality, ensures strong potential for lucrative returns. The Allegheny County Assessor's Parcel Number (APN) is 0085-E-00056-0000-00. The ownership is held by Red Rose Intercultural.
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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.