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$2,590,000
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Property Description
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.
Full Property Details
Full Property Details for 5818 Forbes Ave
General
- Price: $2,590,000
- Taxes: $39,525
- Status: Active
- Type: Office
- Source: West_Penn_MLS
- MLS ID: 1761899
- Updated: 6/27/2026
- Added to Site: 96 day(s) ago
Business
- Name: Panda Supermarket
Location
- County: Allegheny-East
- Driving Directions: Head east on Forbes Ave toward Murray Ave
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Aluminum Siding
Lot Features
- Lot Size (Acres): 0.1423
- Lot Dimensions: .1423
- Frontage: City Street
- Zoning: COM
Financial Considerations
- Assessment Amount: $1,500,000
- Tax Amount: $39,525
Listing courtesy of Keller Williams Realty
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Schools
Schools serving 5818 Forbes Ave
School District:Pittsburgh School District
| Name | Grades | Distance |
|---|---|---|
Pittsburgh Colfax K-8 2332 Beechwood Boulevard, Pittsburgh, PA 15217 | K-8 | 0.5 mi |
Pittsburgh Allderdice High School 2409 Shady Avenue, Pittsburgh, PA 15217 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5818 Forbes Ave
Date
Details
Price
Change
Source
6/27/2026
Listed
$2,590,000
17.73%
MLS
8/14/2019
Sold
$2,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5818 Forbes Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,645
-74%
$1,500,000
—
2025
$37,110
7%
$1,500,000
—
2024
$34,560
—
$1,500,000
—
2023
$34,560
1%
$1,500,000
—
2022
$34,110
10%
$1,500,000
11%
2021
$31,037
2%
$1,350,000
—
2020
$30,550
—
$1,350,000
—
2019
$30,550
—
$1,350,000
—
2017
$30,550
-1%
$1,350,000
—
2016
$30,888
—
$1,350,000
—
2015
$30,888
4%
$1,350,000
—
2014
$29,619
—
$1,350,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5818 Forbes Ave
5818 Forbes Ave, Pittsburgh, PA 15217 (MLS# 1761899) is a Office property. 5818 Forbes Ave is currently listed for $2,590,000 and was received on June 27, 2026. Want to learn more about 5818 Forbes Ave? Do you have questions about finding other Office real estate for sale in Squirrel Hill? You can browse all Squirrel Hill real estate or contact a Coldwell Banker agent to request more information.

