700-706 Penn Avenue 700-706 Penn Ave

14,252 SF 66% Leased Retail Building Wilkinsburg, PA 15221 $650,000 ($46/SF)

INVESTMENT HIGHLIGHTS

  • 14,252 SF, 2 Story Mixed Use building
  • Opportunity Zone
  • Full basement
  • 7,128 SF first floor retail
  • Off-street parking
  • Traffic Count: 17,265 ADT on Penn Ave & 7,267 ADT on Wood St.

EXECUTIVE SUMMARY

SVN Three Rivers Commercial Advisors is pleased to present for sale and lease this prime investment opportunity at 700-706 Penn Avenue, Pittsburgh, PA. This 14,252 SF property, zoned C, presents a rare chance to acquire a strategic asset in the vibrant Pittsburgh area. Positioned for success, this versatile space is an ideal location for retail or street retail ventures. With its generous square footage and coveted zoning, the property offers ample room to bring any retail concept to life. Don't miss out on the opportunity to own a valuable piece of the Pittsburgh market.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,252 SF
Building Class
C
Year Built
1950
Price
$650,000
Price Per SF
$46
Percent Leased
66%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
C
Parking
10 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
56 FT on Penn Ave

AMENITIES

  • Bus Line
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,906 SF
  • Retail
  • -
  • Now

4,906 SF Retail space available for lease on the first floor

Space Size Space Use Position Available
1st Floor 4,906 SF Retail - Now

1st Floor

Size
4,906 SF
Space Use
Retail
Position
-
Available
Now
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (70)

NEARBY MAJOR RETAILERS

PNC Bank
Chase
ALDI
Starbucks
The YMCA

PROPERTY TAXES

  • Listing ID: 32392488

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 700-706 Penn Ave, Wilkinsburg, PA 15221