1630 Beaver Midland RdIndustry, PA 15052

Property Details for 1630 Beaver Midland Rd

Lot size

0.43 AC

Property size (Sq ft)

4,200 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Industry

County

Beaver

State

Pennsylvania

Latitude

40.6527

Longitude

-80.3953

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