1940 5th Avenue Pittsburgh, PA $ 3,000,000
1940 5th Avenue
$ 3,000,000
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1940 5th Avenue

Pittsburgh, PA, 15219
$ 3,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 18,716

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Commercial Property for sale in Pittsburgh, PA

for $3,000,000. This building was built in 1900 on a lot size of 0.12.

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.

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Commercial Active

Price

$ 3,000,000

Property Type

Commercial

Taxes

$ 35,000

Style

Lot Size

0.12

Year Built

1900

Town/City

Pittsburgh

County/Region

Allegheny

MLS | Web ID

1708110

Features
General
Utilities ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable
Zoning Comm
Construction Materials Brick
Year Built 1900
Property Subtype Office
Gross Income 271560.0
County Allegheny-East
Net Operating Income 250611.0
Insurance Expense 4100.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
MaintenanceExpense 14750.0
Garage Y/N N
Status Active
Directions Intersection of Fifth Avenue and Jumonville and Watson Street
City Downtown Pgh
Senior Community Y/N N
Zoning Description Comm
MLS Area Downtown Pgh
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 35000.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Downtown Pgh
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 377600
Virtual Tour https://www.propertypanorama.com/instaview-tour/wpn/1708110
Property Sub Type Additional Office
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Exterior
Total Parking 15.0
Lot Size Area 0.12
Spa N
Lot Dimensions 0.1157
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type CityStreet
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 1940
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* Excluded Features
List By
Brian Schmidt

Listing Agent

Re/Max Home Center

Broker

pghhouseguy@gmail.com

Email

Affordability Calculator

$21,633
Per Month
87%
13%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
$2,917
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$3,000,000 Listed Price

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1940 5th Avenue, Pittsburgh, PA, 15219 is a Commercial Property for sale at $3,000,000 with a lot size of 0.12. 1940 5th Avenue was built in 1900. The property's zip code is 15219 which is in Pittsburgh, PA