6019 Penn Ave Pittsburgh, PA 15206-3922

Property Details for 6019 Penn Ave

Lot size

0.07 lot acres

Property type

Investment properties

Property subtype

Live-work space

APN

84-C-168

APU

84C168

Description

This exceptional investment opportunity presents two adjacent, four-story mixed-use buildings totaling 44,205 square feet situated at 6019-6021 Penn Avenue in Pittsburgh, Pennsylvania. The property boasts a prominent location with high visibility and significant foot and vehicle traffic (approximately 18,443 vehicles daily). The buildings are situated directly across from the East Side Bonds Development, featuring over 361 apartments and 40,000 square feet of retail space, ensuring a robust customer base. The area is anchored by numerous national retailers including Target, Whole Foods, Market District, Chase Bank, Trader Joes, and Home Depot, further enhancing the property's desirability. 6019 Penn Avenue currently houses a clothing store on the first floor, which will vacate upon sale. The remaining three floors are vacant, offering significant potential for redevelopment. 6021 Penn Avenue features approximately 6,000 square feet of prime first-floor retail space with 40 feet of Penn Avenue frontage. The upper three floors of both buildings provide a flexible canvas for office, retail, or multi-family development, featuring clear-span floor plates, high ceilings, and generous square footage. A sizable basement with high ceilings and elevator access offers ample storage or additional leasable space. The property sits on a 9,482 square foot lot and is zoned UNC Urban Neighborhood Commercial. The asking price is $1,995,000, translating to $45.13 per square foot. Each building is separately parceled and owned (APN: 84-C-168 & 84-C-166). This is a rare opportunity to acquire a substantial retail property in a thriving Pittsburgh neighborhood.