For Sale
$1,200,000

5300 Penn AvePittsburgh, PA 15224

Prime East End location, 6,000 SF, $1.2M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 5300 Penn Avenue in Pittsburgh, Pennsylvania's vibrant 8th Ward, presents a unique investment opportunity. The building, a former funeral home, boasts approximately 6,000 square feet of space spread across two and a half stories, situated on a sizable 12,000 square foot corner lot with excellent visibility due to its signalized intersection. The asking price is $1,200,000, translating to $200 per square foot. The property is zoned LNC and offers ample parking with an 18-vehicle lot and a convenient drive-in garage accessible from South Atlantic. Internal features include a 1,000-pound freight elevator servicing the basement and second floor, adding to its versatility. Residential potential is also present with a 2-bedroom, 1-bathroom apartment located on the third floor. This prime East End location on Penn Avenue offers significant potential for a variety of uses, given its size, zoning, and convenient amenities. The property's history as the McCabe Funeral Home adds to its character and potential for adaptive reuse. This is a rare opportunity to acquire a substantial mixed-use property in a highly desirable Pittsburgh neighborhood.

Highlights

  • Prime East End Penn Avenue location.
  • 12,000 SF corner lot with signalized intersection.
  • 6,000 SF, 2.5-story building.
  • $1,200,000 asking price.
  • LNC zoning.
  • Located in Pittsburgh's 8th Ward.

Property Details for 5300 Penn Ave

Property type
Mixed-use properties
Square Feet
6,000 SF

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4643521
Longitude
-79.938464
5300 Penn Ave, Pittsburgh, Pennsylvania

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5300 Penn Ave
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