Strip District: Redevelopment / Investment / Occupy

Investment Overview

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)