Property summary
This exceptional investment opportunity presents a multi-tenant retail complex situated on a sizable 3.1-acre lot at 1295 Grand Blvd, Monessen, PA. The property comprises eight diverse units, ranging from office spaces to warehouse facilities, indoor storage, and a former restaurant. Currently, all units are under lease, ensuring a consistent income stream. The sale includes an established indoor storage business, along with the transfer of all existing leases. Tenants are responsible for their individual utilities (water, sewage, electricity, and gas). The property boasts significant upgrades, including a partially replaced roof (approximately half) and recently replaced HVAC units. A substantial, well-lit parking lot, capable of accommodating roughly 100 vehicles, has also undergone recent improvements with at least one-third of the lot recently repaved. Further enhancing the property's value are included amenities such as a security system and WiFi access. This property offers a compelling blend of established income and significant potential for future growth, making it an ideal addition to any investment portfolio. The diverse range of unit sizes and types caters to a broad spectrum of tenants, ensuring long-term stability and profitability.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Nail Salon
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Medical Supply Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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