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Highlights

  • 0.82-acre development opportunity with range of potential uses
  • Located at lighted intersection that receives 13,000+ ADT
  • On-street and paid off-street parking available
  • Excellent surrounding demographics; adjacent to Whole Foods Market
  • Within a 2-mile radius of notable developments: The Meridian, East Liberty, and Bakery Square

LOT Available

Display Rental Rate as

Rental Rate
  • $13.67 CAD/SF/YR
  • $1.14 CAD/SF/MO
  • $480,858 CAD/YR
  • $40,072 CAD/MO
Lease Term Negotiable
Lot Size 0.81 AC

Exceptionally located development opportunity available for lease in Pittsburgh’s East Liberty neighborhood! This 0.82-acre lot is pad-ready, zoned R2-M (two-unit residential, moderate density), and positioned at a prominent intersection directly adjacent to the recently developed Whole Foods Market. Land is flat and currently fenced-in; on-street parking available, pad off-street parking in a public lot nearby. Available for lease at $350,000 per year.

Property Overview

Exceptionally located development opportunity available for lease in Pittsburgh’s East Liberty neighborhood! This 0.82-acre lot is pad-ready, zoned R2-M (two-unit residential, moderate density), and positioned at a prominent intersection directly adjacent to the recently developed Whole Foods Market. 5707 Penn Avenue features excellent surrounding demographics: a daytime population of 33,000, an average household income of $93,401, and over 1,500 businesses within a 1-mile radius. Major retailers – like Target, Home Depot, Market District, and Staples – are within a 1.5-mile radius of the property. Additionally, 5707 Penn Avenue offers close proximity to notable mixed-use developments like Liberty East, The Meridian, Bakery Square, and East Liberty Place. Situated along Penn Avenue, which receives over 13,000 vehicles in average daily thru traffic, this property provides users with high visibility. The lot is also within a 2-block radius of four bus stops, and within minutes of Carnegie Mellon University, the University of Pittsburgh, and dozens of professional office buildings – offering ideal access to both an established consumer base and professional talent, making a range of potential uses feasible. Walkable amenities include Whole Foods, Redstart Roasters café, Clean Juice, McDonald’s, Wingstop, Duos, Hey Babe, and Margaux. The site is also immediately adjacent to Garland Park, a public green space with tennis courts, a basketball court, and playground. Does this site look like a good fit for your development? Get in touch with John Bilyak or Mark Anderson to learn more about pricing, terms, or to schedule a tour!

Property Facts

Total Space Available 0.81 AC
Property Type Land
Property Subtype Commercial
Very walkable
80/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
  • Listing ID: 39026177

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 5707 Penn Ave, Pittsburgh, PA 15206

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