# 1940 5th Avenue, Downtown Pgh, PA 15219

> **TL;DR:** commercial, $3,000,000, built 1900. Est. $13,000/mo. Listed 339 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,000,000 |
| Year Built | 1900 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 339 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,000 |
| **Total** | **$13,000** |

## Property Highlights

- Built in 1900
- 0.12 acre lot
- 15 parking spaces

## Description

### Agent Description
AWESOME Office Building for Sale! If you are looking for a income producing building located in one of Pittsburgh's 28 designated Opportunity Zones then this building is for you. This building needs nothing, completely updated and ready for a new entrepreneurial spirited owner to take it to the next level. This Uptown building is located between Downtown Pittsburgh and the medical/educational/cultural center of Oakland that includes CMU and Pitt universities. The unique tenants enjoy the attractive space along with many incredible amenities including private parking that could also be easily expanded for additional revenue. Many of the current tenants have found the building to be quite attractive because of the tax benefits to startup companies via the Keystone Innovation Zone. Additional details along with a Pro Forma are available.

## Location

- **Address:** 1940 5th Avenue, Downtown Pgh, PA 15219
- **County:** Allegheny-East
- **Coordinates:** 40.438028, -79.977796
- **Google Maps:** https://www.google.com/maps?q=40.438028,-79.977796

## Listing Agent

- **Name:** Brian Schmidt
- **Brokerage:** RE/MAX HOME CENTER
- **Phone:** 7242605686
- **Email:** pghhouseguy@gmail.com

## Primary Photo

![1940 5th Avenue - Primary Photo](http://lh.rdcpix.com/d64f9dcf5da0e82ebd07018a38d6888fl-f2287621533r.jpg)

*44 total photos available on [listing page](https://www.propertysimple.com/listing/1940-5th-avenue-downtown-pgh-pa-15219-1708110)*

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**MLS#:** 1708110 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1940-5th-avenue-downtown-pgh-pa-15219-1708110)

---

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