Listed by RE/MAX HOME CENTER
$3,000,000
1940 5th Ave
Details
Property Type Mixed Use, Office
Sub Type Creative Office, Executive Office
Square Footage 12,931
Cap Rate 7.76%
NOI $232,933
Class C
Year Built 1900
Stories 3
Acreage 0.120
Zoning Commercial Zoned in Pgh's Opportunity Zone
Parking Spaces 15 spaces
Parking Per SqFt 1.16
Investment Type Owner/User
Occupancy Date 07/15/2025
Turnkey Office Building | Opportunity Zone Income Near Downtown & Oakland
Marketing description
This income-producing property is situated in an Opportunity Zone and features multiple tenants. The building is located conveniently between downtown Pittsburgh and the Pitt and CMU campuses. There are tax benefits available for tenants due to the desirable Keystone Innovation Zone location. Extensive renovations have been completed both inside and out, and the building and grounds have been meticulously maintained. Included with the building are two full side lots, one grassy and the other with gardens, along with off-street parking for 15 vehicles. If you would like to see more, click
Investment highlights
Stunning, renovated, brick building with multiple tenants and off-street private parking and courtyard in one of Pittsburgh's Opportunity Zones.
Listing Contacts
Listed by RE/MAX HOME CENTER
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$232,933.00
$19,411.08/mo
Valuation Metrics
0
DSCR
7.76%
Cap Rate
7.76%
ROI
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Zoning
UPR-B SpecialUptown Public Realm District B
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View all 25 uses
View all 25 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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