For Sale
$395,000

1630 Beaver Midland RdIndustry, PA 15052

Industry, PA Shopping Center - High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This 4,200 square foot shopping center in Industry, Pennsylvania, presents a compelling investment opportunity. The property features four units, currently 50% occupied, with three tenants. Two vacant units, each approximately 1,000 square feet, offer owner-user potential or leasing upside. The property boasts a strong 11.61% cap rate with a net operating income (NOI) of $45,879, and an asking price of $395,000 ($94.05/sq ft). Built in 2017 and renovated in 2017, the single-story building sits on a 0.43-acre lot with 16 parking spaces. The property is zoned C-1 and benefits from its strategic location near the Beaver County Shell Cracker Plant, between Midland and Beaver, Pennsylvania, and approximately five miles from I-376. Recent HVAC upgrades (2018 and 2019) enhance the property's value. Adjacent land parcels are also available for purchase, presenting an opportunity for expansion. This stabilized investment offers a strong return and significant potential for future growth.

Highlights

  • 4,200 SF shopping center in Industry, PA with four units, currently 50% occupied.
  • Two 1,000 SF vacant units offer owner-user potential.
  • Strong 11.61% cap rate, $45,879 NOI, $395,000 asking price ($94.05/SF).
  • Built and renovated in 2017, 0.43-acre lot, 16 parking spaces, C-1 zoning.
  • Located near Beaver County Shell Cracker Plant, between Midland and Beaver, PA, 5 miles from I-376; recent HVAC upgrades (2018 & 2019); adjacent land available for expansion.

Property Details for 1630 Beaver Midland Rd

Property type
Lifestyle centers, Power centers
Square Feet
4,200 SF
Year Renovated
2017
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF
Units
4

Location Insight

City
Industry
County
Beaver
State
Pennsylvania
Latitude
40.6526661
Longitude
-80.3952866
1630 Beaver Midland Rd, Industry, Pennsylvania

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1630 Beaver Midland Rd
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