Skip To Content

1940 5th Ave

Downtown Pgh, PA 15219
  • $3,500,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 1636878
UPDATED: 30 min ago
$3,500,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Ratings & Info

Description

AWESOME Office Building for Sale! If you are looking for a income producing building located in one of Pittsburgh's 28 designated Opportunity Zones then this building is for you. This building needs nothing, completely updated and ready for a new entrepreneurial spirited owner to take it to the next level. This Uptown building is located between Downtown Pittsburgh and the medical/educational/cultural center of Oakland that includes CMU and Pitt universities. The unique tenants enjoy the attractive space along with many incredible amenities including private parking that could also be easily expanded for additional revenue. Many of the current tenants have found the building to be quite attractive because of the tax benefits to startup companies via the Keystone Innovation Zone. Additional details along with a Pro Forma are available upon request.

Monthly Payment Calculator



© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-25T12:53:36.307.
www.searchpittsburghrealestate.com/homes/146432632
Print Image

1940 5th Ave Downtown Pgh, PA 15219

  • Price: $3,500,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 30 min ago
  • MLS #: 1636878
0
Beds
0
Baths
0
½ Baths
0.12
Acres
County:
Allegheny-East
Area:
Downtown Pgh
Property Description
AWESOME Office Building for Sale! If you are looking for a income producing building located in one of Pittsburgh's 28 designated Opportunity Zones then this building is for you. This building needs nothing, completely updated and ready for a new entrepreneurial spirited owner to take it to the next level. This Uptown building is located between Downtown Pittsburgh and the medical/educational/cultural center of Oakland that includes CMU and Pitt universities. The unique tenants enjoy the attractive space along with many incredible amenities including private parking that could also be easily expanded for additional revenue. Many of the current tenants have found the building to be quite attractive because of the tax benefits to startup companies via the Keystone Innovation Zone. Additional details along with a Pro Forma are available upon request.
Exterior Features

Construction Materials Brick Lot Size Dimensions 0.1157

Property Features

Gross Income 271560 Insurance Expense 4100 Maintenance Expense 14750 Net Operating Income 237033 Other Expense 7371 Property Sub Type Office Property Sub Type Additional Office Tax Annual Amount 35000 Tax Assessed Value 50400 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Zoning COM Zoning Description COM

Courtesy of BROADVIEW REALTY: 724-390-0006. © 2024 West Penn Multi-List, Inc. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-25T12:53:36.307.
 
https://bt-photos.global.ssl.fastly.net/pittsburgh/orig_boomver_1_1636878-2.jpg https://bt-photos.global.ssl.fastly.net/pittsburgh/orig_boomver_1_1636878-2.jpg https://bt-photos.global.ssl.fastly.net/pittsburgh/orig_boomver_1_1636878-2.jpg
Logo
Broadview Realty
Serving Your Real Estate Needs
in Pittsburgh PA,