1940 5th Ave Pittsburgh, PA $ 3,500,000
1940 5th Ave
$ 3,500,000
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1940 5th Ave

Pittsburgh, PA, 15219
$ 3,500,000
Baths0.0

Monthly Estimate*

$ 24,449

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Studio

Commercial Property for sale in Pittsburgh, PA

for $3,500,000. The lot size is 0.1157.

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.

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 35,000

Style

Office

Lot Size

0.1157

Town/City

Pittsburgh

County/Region

Allegheny

MLS | Web ID

1636878

Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning COM
Construction Materials Brick
Property SubType Office
Gross Income 271560
County Allegheny-East
Net Operating Income 237033
Insurance Expense 4100
Property Type Commercial Sale
Status Active
Directions Intersection of Fifth Ave Jumonville and Watson Street
City Downtown Pgh
Buyer Agent Compensation 3
Zoning Description COM
MLS Area Downtown Pgh
Street Name 5th Ave
Tax Annual Amount 35000
MLS Area Minor Downtown Pgh
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 50400
Virtual Tour https://www.propertypanorama.com/instaview-tour/wpn/1636878
Property Sub Type Additional Office
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Exterior
Total Parking 15
Lot Size Area 0.1157
Lot Dimensions 0.1157
Lot Size Acres 0.1157
Lot Size Units Acres
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Interior
Total Baths 0
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Internal Only
Street Number 1 1940
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* Excluded Features
List By
Bob Cenk

Listing Agent

Broadview Realty

Broker

Info@BobCenkRealEstate.com

Email

Affordability Calculator

$27,365
Per Month
89%
11%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$2,917
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
630622 Elementary School
630765 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2024$3,500,000 Listed Price

Map


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1940 5th Ave, Pittsburgh, PA, 15219 is a Commercial Property for sale at $3,500,000 with a lot size of 0.1157. 1940 5th Ave is a studio with 0.0 baths. The property's zip code is 15219 which is in Pittsburgh, PA