12-Bed Assisted Living
For Sale
Contact for pricing
1712 Termon Ave, Pittsburgh, PA 15212
Multi-floor group living property with shared bedrooms, common areas, bathrooms, and substantial recent capital improvements.
Property Size2,550 SF
Price / SF$117.61
Days on Market194
Property Features for 1712 Termon Ave
General Information
Standard status
Active
Size
2,550 SF
Property subtype
Special Purpose
Zoning
Commercial
Additional Details
Public Transit
Yes
Amenities
covered front porch
rear yard
Listing Agency:
Milestone Realty
Listed By:
Myles Mazzanti · License #RM425581
(412) 200-0765
Source:
Crexi
Added: Apr 6
Changed: Oct 10
Last Checked: Oct 16 at 7:12AM
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 Milestone Realty
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Investment Insights
Based on property information with market context.
This 2550-square-foot, multi-floor assisted living facility is currently operated as a sober living property and formerly served as a personal care home. The layout includes multiple bedrooms, shared living areas, and bathroom facilities, with the most recent occupancy permit reflecting capacity for up to 12 beds. Commercial zoning is identified for the property, and the sale is offered as-is.
Recent improvements include a newer roof, owned solar panels, an updated HVAC system, and replacement windows throughout much of the building. Additional site features include a covered front porch, rear yard, and potential for off-street parking. The property is in Pittsburgh’s Brighton Heights with access to major transportation corridors, public transit, and local amenities.
Recent improvements include a newer roof, owned solar panels, an updated HVAC system, and replacement windows throughout much of the building. Additional site features include a covered front porch, rear yard, and potential for off-street parking. The property is in Pittsburgh’s Brighton Heights with access to major transportation corridors, public transit, and local amenities.
Key Highlights
- 2550‑square‑foot assisted living facility with a multi‑floor group living layout
- Most recent occupancy permit reflects approval for up to 12 beds
- Currently operated as a sober living property; previously used as a personal care home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,894
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,880
$537.9K
Cap Rate 7%
$384,200
$384.2K
Cap Rate 9%
$298,822
$298.8K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$52.0K $20.40/SF
− Vacancy
−$3.1K −$1.22/SF
EGI
$48.9K $19.18/SF
− OpEx
−$22.0K −$8.63/SF
NOI
$26.9K $10.55/SF
Area
Pittsburgh, PA
Vacancy
6.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,880
Cap Rate 7%
$384,200
Cap Rate 9%
$298,822
Alternative Uses
Best Use
Apartment 5plus
$384.2K
$336.2K – $448.2K
NOI $26,894 @ 7.0% cap · market cap 8.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$812.1K
$710.6K – $947.5K
NOI $56,848 @ 7.0% cap · market cap 18.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15212, PA
27,016
Population
15,937
Households
1.7
Avg Household Size
38
Median Age
37%
College-Educated
92%
High-School Grad
5.8 sq mi
ZIP Area
4,658
Density / Sq Mi
$61,712
Median Household Income
$45,325
Median Earnings
$1,114
Median Rent
$167,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- Donahue's Personal Care I — 1610 Hybla St, Pittsburgh, PA 15212
- Sober House Pittsburgh — 3101 Shadeland Ave, Pittsburgh, PA 15212
- Riverview Manor — 1500 Letort St, Pittsburgh, PA 15212
- Senior Support Services Inc — 1712 Termon Ave, Pittsburgh, PA 15212
- Arc — 56 Kendall Ave, Pittsburgh, PA 15202
Frequently Asked Questions
What type of property is this?
Assisted living facility - Multi-floor group living property with shared bedrooms, common areas, bathrooms, and substantial recent capital improvements.
Where is this assisted living facility located?
The property is located at 1712 Termon Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2550‑square‑foot assisted living facility with a multi‑floor group living layout; Most recent occupancy permit reflects approval for up to 12 beds; Currently operated as a sober living property; previously used as a personal care home
