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Investment Highlights

  • Situated in the Squirrel Hill Business District
  • Elevator

Executive Summary

Position your business or investment in one of Pittsburgh's most vibrant commercial corridors with this exceptional mixed-use property on Forbes Avenue, located in the heart of the highly sought-after Squirrel Hill business district. The first floor is occupied by the well-known Panda Super Market, providing established retail presence and income potential. The second floor offers approximately 6,100 square feet of versatile commercial space with a flexible floor plan, ideal for a wide range of business or professional uses. Designed for functionality and convenience, the upper level features multiple spacious offices and open work areas, a conference room, shared kitchenettes, and restroom facilities. Elevator access provides easy entry for clients, customers, and employees. The layout also offers the potential to be subdivided, creating opportunities for multiple tenants or customized business configurations. Whether you're an owner-user seeking a turnkey headquarters or an investor looking for immediate income potential and long-term appreciation, this property presents an outstanding opportunity. Position your business or investment in one of Pittsburgh's most vibrant commercial corridors with this exceptional mixed-use property on Forbes Avenue, located in the heart of the highly sought-after Squirrel Hill business district. The first floor is currently occupied by the well-known Panda Super Market and is ideally suited for retail, restaurant, or other customer-facing businesses. The second floor offers approximately 6,100 square feet of versatile commercial space with a flexible floor plan, making it ideal for a wide range of business or professional uses. Whether you're an owner-user seeking a new headquarters or an investor looking for a prime commercial asset with long-term appreciation potential, this property presents an outstanding opportunity.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Taxes $56,152 $3.34
Operating Expenses - -
Total Expenses $56,152 $3.34

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual $56,152
Annual Per SF $3.34
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $56,152
Annual Per SF $3.34

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
16,800 SF
Building Class
C
Year Built
1900
Price
$3,679,509 CAD
Price Per SF
$219.02 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.75
Lot Size
0.14 AC
Zoning
C - Commercial LNC

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Oakland Village Realty
  • Real Estate
  • -
  • -
  • -
  • Panda Supermarket LLC
  • Retailer
  • -
  • -
  • -
  • Real Estate
  • -
  • -
  • -

Chez Robb Real Estate Company, ils s'efforcent de fournir à chacun de nos clients les meilleurs soins possibles. Ils réussissent seulement dans la mesure où ils aident chacun d'entre eux à réussir. Les gens leur font confiance pour prendre soin de leurs immeubles de placement, et c'est une tâche que Robb Real Estate ne prend pas à la légère. Ils veulent non seulement qu'ils maximisent leurs investissements, mais ils veulent aussi aider à rendre l'ensemble du processus de location sans tracas. Lorsqu'une entreprise travaille avec Robb Real Estate Company, elle dispose d'une équipe de professionnels dévoués à la mission. Ils apportent chacun avec eux des années d'expérience dans le domaine de l'immobilier, ainsi que des compétences inégalées en matière de services à la clientèle. Leur équipe de professionnels sait comment travailler avec les locataires ainsi qu'avec les propriétaires, pour créer une expérience harmonieuse pour tous. Ils possèdent une grande expérience dans tous les aspects de la gestion immobilière et desservent actuellement toute la région du Grand Pittsburgh, l'ouest de la Pennsylvanie et le nord-est de l'Ohio.

Tenant Industry SF Occupied Rent/SF Lease End
Oakland Village Realty Real Estate - - -
Panda Supermarket LLC Retailer - - -
Real Estate - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 5,600 SF
  • Office/Retail
  • -
  • Now

Former therapy office that did group therapy, lots of space. This 2nd floor DOES have an elevator. Can be used as restaurant, bakery, coffee shop space as well

Space Size Space Use Position Available
2nd Floor 5,600 SF Office/Retail - Now

2nd Floor

Size
5,600 SF
Space Use
Office/Retail
Position
-
Available
Now

2nd Floor

Size 5,600 SF
Space Use Office/Retail
Position -
Available Now

Former therapy office that did group therapy, lots of space. This 2nd floor DOES have an elevator. Can be used as restaurant, bakery, coffee shop space as well

Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100

Nearby Major Retailers

Citizens Bank
Keybank
PNC Bank
Chase
Dollar Bank
Huntington National Bank
Bank of America
Aladdin's Eatery
Starbucks
Giant Eagle

Property Taxes

Property Taxes

Parcel Number
0086-L-00035-0000-00
Land Assessment
$369,514 CAD (2026)
Improvements Assessment
$1,761,476 CAD (2026)
Total Assessment
$2,130,990 CAD (2026)
Annual Taxes
$56,152 CAD ($3.34 CAD/SF)
Tax Year
2025
  • Listing ID: 41125507

  • Date on Market: 2026-01-09

  • Last Updated:

  • Address: 5818 Forbes Ave, Pittsburgh, PA 15217

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