- For Sale $3,950,000
- 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
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)
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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Contacts
Howard A. West
Lee & Associates
Location
Located at 3220-3232 Penn Avenue, Pittsburgh, PA 15201, this property is part of the Strip District neighborhood and Pittsburgh market.
Contact Listing Broker
Howard A. West
Lee & Associates