For Sale
$1,600,000

1415 Eisenhower BlvdJohnstown, PA 15904

Fully Leased, High ROI Office Property

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional single-story, 7,308 square foot Class B office building at 1415 Eisenhower Boulevard in Johnstown, Pennsylvania, presents a compelling investment opportunity. Currently 100% occupied, the property boasts a strong net operating income (NOI) of $107,000 and a 7.13% cap rate. The building features two suites, each separately metered for gas and electricity. Suite A, leased to 42 N. Dental, includes a spacious reception area, break room, private offices, a lab, and twelve operatories. Suite B offers a large reception area, private offices, four exam rooms, and a private restroom. Situated in a prime location near Johnstown's major retail area, newer residential developments, and the University of Pittsburgh Johnstown, this property benefits from a readily available patient pool and low maintenance requirements. The property is zoned C-3 and features a brick exterior. With its strong tenancy and attractive financial metrics, this property is ideal for owner-occupants or investors seeking a stable, high-return investment. The APN is 50-52-301.1. Asking price is $1,600,000.

Highlights

  • 7,308 SF Class B office building.
  • Located near Johnstown's major retail area.
  • Close proximity to new residential developments.
  • Low-maintenance investment property.
  • Suitable for owner-occupancy or investment.
  • Excellent potential patient pool due to proximity to UPJ.

Property Details for 1415 Eisenhower Blvd

Property type
Office properties
Square Feet
7,308 SF
Class
B
Buildings
1
Stories
1
Units
2

Location Insight

City
Johnstown
County
Cambria
State
Pennsylvania
Latitude
40.272830220022
Longitude
-78.846045428487
1415 Eisenhower Blvd, Johnstown, Pennsylvania

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1415 Eisenhower Blvd
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