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4919 Penn Ave 5,700 sq ft 65% Let Retail Property Pittsburgh, PA 15224 £440,913 (£77.35/sq ft)

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INVESTMENT HIGHLIGHTS

  • High visibility property with excellent accessibility via Penn Avenue and public transportation.

EXECUTIVE SUMMARY

Great business opportunity in this spacious and perfectly located retail space right on Penn Ave. This recently updated space is conveniently set up and ready for a restaurant or cafe, with a large dining area and a separate kitchen area.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
5,700 sq ft
Costar Property Class
C
Year Built
1900
Price
£440,913
Price per sq ft
£77.35
Occupancy Rate
65%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.01
Total Plot Size
0.13 ac
Use Class
LNC - Local Neighborhood Commercial
Parking
1 Spaces (0.18 Spaces per 1,000 sq ft Leased)
Frontage
18 ft on Penn Ave

AMENITIES

  • Bus Route
  • Security System
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,000 sq ft
  • Restaurant
  • In-Line
  • Now

Spacious and perfectly located retail space right on Penn Ave. This recently updated space is conveniently set up and ready for a restaurant or cafe, with a large dining area and a separate kitchen area. Previously used as a sandwich shop, there are some sinks available for use for the next tenant and also a handicapped bathroom. There is also a back office room, as well as a basement through the kitchen for extra storage. Tons of visibility with lots of other neighboring shops and street parking right out front. Great business opportunity on Penn Ave. $3000/month NNN

Space Size Space Use Position Available
1st Floor 2,000 sq ft Restaurant In-Line Now

1st Floor

Size
2,000 sq ft
Space Use
Restaurant
Position
In-Line
Available
Now

1st Floor

Size 2,000 sq ft
Space Use Restaurant
Position In-Line
Available Now

Spacious and perfectly located retail space right on Penn Ave. This recently updated space is conveniently set up and ready for a restaurant or cafe, with a large dining area and a separate kitchen area. Previously used as a sandwich shop, there are some sinks available for use for the next tenant and also a handicapped bathroom. There is also a back office room, as well as a basement through the kitchen for extra storage. Tons of visibility with lots of other neighboring shops and street parking right out front. Great business opportunity on Penn Ave. $3000/month NNN

Walk Score®
Excellent pedestrian access (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Starbucks
WesBanco
Citizens Bank
KeyBank
Club Pilates
Jazzercise
Five Guys
PNC Bank
Whole Foods Market
HOTWORX

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0050-K-00320-0000-00
Land Assessment
£20,938
Improvements Assessment
£208,405
Total Assessment
£229,343
  • Listing ID: 30004473

  • Date on Market: 08/11/2023

  • Last Updated:

  • Address: 4919 Penn Ave, Pittsburgh, PA 15224

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