26 Ann StOakmont, PA 15139

Property Details for 26 Ann St

Lot size

1.35 AC

Property type

Healthcare properties

Property subtype

Assisted living facilities

APN

363-A-92

APU

363A92

Description

This exceptional special purpose property, located at 26 Ann Street in Oakmont, Pennsylvania, 15139, presents a unique investment opportunity. The 39,124 square foot building sits on a generous 1.35-acre lot, offering abundant parking. The property boasts 29,000 square feet of net rentable space and is ideally suited for a variety of uses, including an assisted care facility, nursing home, or apartment redevelopment. Key features include a full kitchen, two community rooms, an elevator, an outdoor patio area, and ADA accessibility. The property is currently listed for sale at a significantly reduced price of $750,000. A virtual tour is available online. This substantial building presents a rare chance to acquire a large-scale property in a desirable Oakmont location, within Allegheny County. The property's size and features make it an attractive prospect for developers and investors seeking a significant project with high potential. The asking price reflects a compelling opportunity for a quick and profitable investment.

• CAP approach

  CAP return

  Valuation

  6%

  $12,530,317

  6.5%

  $11,566,446

  7%

  $10,740,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,209,343

  Geo Method

  $13,491,201

• Alternative Use

  Use

  Valuation

  Residential

  $14,672,525

  Hospitality

  $13,439,954

  Educational

  $11,181,884

  Medical

  $11,566,446

  Retail

  $17,394,042

Location Insight

City

Oakmont

County

Allegheny

State

Pennsylvania

Latitude

40.5204

Longitude

-79.8449

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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