For Sale
$150,000

1916 Main StAliquippa, PA 15001

15-bed assisted living, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3,000-square-foot assisted living facility, located at 1916 Main Street in Aliquippa, Pennsylvania, presents a compelling investment opportunity. The property, built in 1955 and extensively renovated in 2015, sits on a 0.18-acre lot and boasts 15 bedrooms spread across a main level and a fully finished basement. The main level features an entryway, six bedrooms, 1.5 bathrooms, an office, and a spacious living area. The basement includes a large kitchen equipped with a triple industrial sink, refrigerator, and freezer, along with an additional 1.5 bathrooms and four more bedrooms. Ample parking is available with 20 spaces, recently paved in 2021. The property features central air conditioning (installed circa 2016) and a three-year-old hot water heater. The building is zoned CIB and offers 3,000 square feet of air rights. With a 10% cap rate and an asking price of $150,000, this single-story building presents significant potential for continued operation as an assisted living facility or adaptation for a similar use requiring multiple private rooms. Its prime location on a busy Aliquippa road ensures high visibility and accessibility. This is a for-sale-by-owner property.

Highlights

  • 3,000 SF building, formerly a doctor's office, currently houses Hunter's Personal Care Center.
  • Large paved rear parking lot (2021).
  • 3-year-old hot water heater and central air conditioning (approx. 2016).
  • Main level features entryway, six bedrooms, 1.5 baths, office, and large living area.
  • Finished basement includes large kitchen with triple sink, refrigerator, freezer, 1.5 baths, and four additional bedrooms.
  • High-traffic Aliquippa location ideal for similar businesses or those needing multiple private rooms.

Property Details for 1916 Main St

Property type
Retirement homes
Square Feet
3,000 SF
Class
C
Year Built/Renovated
1955/2015
Buildings
1
Stories
1
Lot Size (sq. ft)
7,841 SF
Units
1

Location Insight

City
Aliquippa
County
Beaver
State
Pennsylvania
Latitude
40.6459394
Longitude
-80.3125888
1916 Main St, Aliquippa, Pennsylvania

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1916 Main St
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