410 Hansen AveLyndora, PA 16045

Property Details for 410 Hansen Ave

Lot size

0.97 AC

Property type

Other commercial real estate

APN

052 29 F640000

APU

05229F640000

Description

This 14,000 square foot, Class B medical office building in Lyndora, Pennsylvania, presents a compelling investment opportunity. Located on a 0.97-acre lot at a high-traffic intersection, the property boasts 25 parking spaces and excellent visibility. Built in 1994 and renovated in 2011, the single-story building currently houses three established medical tenants under a modified lease with a remaining term of 4.1 years (commencing January 1, 2024, and expiring December 31, 2028). The property enjoys 100% occupancy, generating a strong NOI of $141,200 and an 8.31% cap rate. Over $600,000 has been invested in tenant improvements over the past decade. The property is zoned commercial and offers a stable tenancy with established medical practices. Lease details are available upon execution of a Non-Disclosure Agreement. This is a turnkey investment with significant upside potential in a desirable location, neighboring Speedway Gas Station and Ellis Automotive. The asking price is $1,700,000. Further financial information is available under a Non-Disclosure Agreement.

Location Insight

City

Lyndora

County

Butler

State

Pennsylvania

Latitude

40.8594

Longitude

-79.9113

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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