Strip District: Redevelopment / Investment / Occupy

For Sale

3220-3232 Penn Avenue, Pittsburgh, PA 15201

This Pittsburgh property for sale is located at 3220-3232 Penn Avenue. The current listed sale price for Strip District: Redevelopment / Investment / Occupy is $3,950,000. Strip District: Redevelopment / Investment / Occupy is situated on a lot that is 0.84 acre in size.

Contacts

Howard A. West

Lee & Associates

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 24,000 SF
  • Lot Size 0.84 Acre
  • Parking Spaces Avail. 28
  • Parking Ratio 1.64 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1966
  • Year Renovated 1990
  • Date Updated May 5, 2026
  • Grade Level Doors 3
  • HVAC None
Strategic location in the heart of the Strip District, walkable to numerous amenities. Convenient access: 2 miles to Pittsburgh’s CBD, less than 4 miles to all major roadways (PA-28, I-279, I-579, I-376).Flex-Industrial For Sale in the Heart of the Strip District - Building Size: 24,000 SF (gross building area) - Lot Size: 0.84 total acres - Parcels: 3220 Penn Ave: 25-D-141 3228 Penn Ave: 25-D-136 3232 Penn Ave: 25-D-74, 25-D-77, 25-D-131 - Municipality: City of Pittsburgh, Allegheny County - Zoning: RIV-IMU (Riverfront Industrial Mixed-Use) - Building Use: Flex-Industrial - Surrounding Uses: Warehouse, office, residential, retail - Construction: Masonry - Loading: (3) drive-in doors - Parking: 28 surface spaces - Tenancy: Hounds Town, DoorDash (vacated early) Investment Highlights: - Two existing tenants, Hounds Town and DoorDash (expires 02/2026) provide $189,613 of NOI annually - Proforma NOI of $328,800 with full occupancy - Great for: owner-occupancy, lease-up, or vertical construction (up to 155 units)Flex-Industrial Space Available for Lease - Up to 7,665 SF Located In the Heart of the Strip District Space 1: 3232 Penn Ave - Availability: 7,435 SF flex space for lease - Current Tenant: Vacant - Occupancy: Immediately - Clear Heights: 12’-14’ - Loading: (1) 7’ x 15’ drive-in door Space 3: 3220 Penn Ave - Availability: 7,665 SF flex space for lease - Current Tenant: Work America - Occupancy: October 2026 - Clear Heights: 12’-14’ - Loading: (1) 7’ x 15’ drive-in door
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Attachments

Getting around

  • 85/100

    Walk Score ®

  • 60/100

    Transit Score ®

  • 94/100

    Bike Score ®

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Location

  • City Pittsburgh, PA
  • Neighborhood Strip District
  • Zip Code 15201
  • Market Pittsburgh

Points of Interest

  • Gateway

    2.27 miles

  • First Avenue

    2.28 miles

  • North Side

    2.33 miles

  • Killarney

    6.36 miles

  • Mount Lebanon

    6.69 miles

  • Washington Junction

    8.05 miles

  • EQT Natural Gas for Vehicles

    0.29 miles

  • GetGo

    0.66 miles

  • Sunoco

    0.80 miles

  • Shell

    1.72 miles

  • Cogo's

    2.25 miles

  • Citgo

    2.26 miles

  • eVgo

    5.14 miles

  • Tesla Charging Station (No Supercharger)

    6.08 miles

  • Tesla Supercharger

    8.46 miles

  • Sheetz Pittsburgh

    9.07 miles

  • Enterprise

    1.18 miles

  • Hertz

    1.85 miles

  • Shell

    1.94 miles

  • Budget

    2.24 miles

  • Avis

    2.24 miles

  • Sheetz Car Wash

    4.26 miles

  • Mr. Bubbles

    4.61 miles

  • Waterfront Auto Complex

    4.78 miles

  • WetGo

    4.88 miles

  • Whip Appeal

    5.08 miles

  • Salem Halal Grill

    0.30 miles

  • Smallman Street Deli

    0.36 miles

  • Redfin Blues

    0.45 miles

  • Pita My Shawarma

    0.47 miles

  • Franktuary

    0.50 miles

  • Pittsburgh Winery

    0.51 miles

  • Preeti's Pitt

    0.53 miles

  • Piazza Talarico and Papa Joe’s Wine Cellar

    0.54 miles

  • Pane e Pronto

    0.59 miles

  • Savoy

    0.59 miles

Contact Listing Broker
Howard A. West

Lee & Associates

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