Multi-Level Daycare and Office
114 Portvue Dr Coraopolis, PA
114 Portvue Dr, Coraopolis, PA, 00000
$400,000
For Sale
$400,000
Former daycare building with multiple rooms, office spaces, a full kitchen, and 1.5 baths, plus large asphalt parking area.
Property Size3,000 SF
Price / SF$133.33
Days on Market137
Property Features for 114 Portvue Dr
General Information
- Standard status
- Active
- Size
- 3,000 SF
Listing agency
BERKSHIRE HATHAWAY THE PREFERRED REALTY
(412) 262-4630
Listed by
Sandra Toulouse
(412) 262-4630
Source
Exprealty
Added: Mar 6 Updated: Jul 21 at 6:57AM Checked: Jul 21 at 6:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY THE PREFERRED REALTY
Investment Insights
Based on property information with market context.
This multi-level commercial building was formerly operated as a daycare and is laid out with various rooms, office spaces, and a full kitchen area. The property includes 1.5 bathrooms and is equipped with sprinkler, security, and intercom systems.
The site is located off University Blvd, with proximity to Business 376, Robert Morris University, and Pittsburgh International Airport. An enormous asphalt area provides extensive on-site parking and space that may support parking or expansion needs.
C-2 zoning is noted as potentially applicable for office space, care facility use, nursing home use, daycare, indoor entertainment, airport shuttle service, and other business enterprise opportunities.
The site is located off University Blvd, with proximity to Business 376, Robert Morris University, and Pittsburgh International Airport. An enormous asphalt area provides extensive on-site parking and space that may support parking or expansion needs.
C-2 zoning is noted as potentially applicable for office space, care facility use, nursing home use, daycare, indoor entertainment, airport shuttle service, and other business enterprise opportunities.
Key Highlights
- 3000 SF commercial building formerly used as a daycare, with multiple rooms on multiple levels
- Includes a full kitchen area, office spaces, and 1.5 baths
- Large asphalt parking area for parking and/or potential expansion
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.5k | $8.16 |
| − Vacancy | −$1.6k | −$0.54 |
| EGI | $22.9k | $7.62 |
| − OpEx | −$9.1k | −$3.05 |
| NOI | $13.7k | $4.57 |
3,000 SF · lease $8.16/SF/yr · vacancy 6.60% · expense 40.00%
Alternative Uses
Best Use
Office B
$547.5K
$479.1K – $638.7K
NOI $38,324 @ 7.0% cap · market cap 9.58%
Second Best
Healthcare Medical
$196.0K
$171.5K – $228.7K
NOI $13,719 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$764.1K
$668.6K – $891.5K
NOI $53,490 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Day care centers
Similar For Sale Nearby
Similar Off Market Nearby
- Rainbow Of Opportunities Daycare — 863 5th Ave, Coraopolis, PA 15108
- Presbyterian Church-Coraopolis — 1201 5th Ave, Coraopolis, PA 15108
- Steven's Daycare — 878 1st Ave, Coraopolis, PA 15108
- Treasures DAY CARE — Coraopolis, PA 15108
- Kiddieland — 427 Mill St, Coraopolis, PA 15108
FAQs
What type of property is this?
Day care center - Former daycare building with multiple rooms, office spaces, a full kitchen, and 1.5 baths, plus large asphalt parking area.
Where is this day care center located?
The property is located at 114 Portvue Dr Coraopolis, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3000 SF commercial building formerly used as a daycare, with multiple rooms on multiple levels; Includes a full kitchen area, office spaces, and 1.5 baths; Large asphalt parking area for parking and/or potential expansion
