What is the asking price for Strip District: Redevelopment / Investment / Occupy?

Please use the contact form to get in touch with a broker and find out more about renting space here.

What type of property tenancy can you find at Strip District: Redevelopment / Investment / Occupy?

This property is listed as Multi-Tenant.

What is the total size of Strip District: Redevelopment / Investment / Occupy?

The property has a total square footage of 24,000 SF.

When was this property built?

Strip District: Redevelopment / Investment / Occupy was built in 1966.

How many parking spaces are available at Strip District: Redevelopment / Investment / Occupy?

The property features 28 parking spaces, resulting in a parking ratio of 1.64 / 1,000 SF.

3220-3232 Penn Avenue, Pittsburgh, PA 15201

For Sale Undisclosed
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 Oct 14, 2026
Grade Level Doors 3
HVAC None

Description

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)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: Q1 2027 - Clear Heights: 12’-14’ - Loading: (1) 7’ x 15’ drive-in door

Highlights

Great for: owner-occupancy, lease-up, or vertical construction (up to 155 units)
Proforma NOI of $328,800 with full occupancy
Two existing tenants, Hounds Town and DoorDash (expires 02/2026) provide $189,613 of NOI annually