Healthcare Facility with Walk-Out
For Sale
$799,000
221 Felician Dr Coraopolis, Coraopolis, PA 15108
8,200 sq ft facility built in 2009 with eight bedrooms, eight full baths, two kitchens, and exterior patio access.
Property Size8,200 SF
Price / SF$97.44
Days on Market106
Property Features for 221 Felician Dr Coraopolis
General Information
Standard status
Active
Size
8,200 SF
Total Parking Spaces
5
Zoning
E
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$25,032
Amenities
Zoned HVAC
Hard wired smoke
Two car garage
Walk out basement
Exterior patio
Two full kitchens
1.0889
5
County Road
Building Details
Year Built
1990
Listed By:
Mark Handlovitch
(412) 899-2522
Source:
Realestatesolutionspittsburgh
Added: Jul 10
Changed: Oct 6
Last Checked: Oct 7 at 9:31AM
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 Mark Handlovitch
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Investment Insights
Based on property information with market context.
Former Girls Hope Home, constructed in 2009, is an 8,200 sq ft healthcare-related facility configured with eight bedrooms and eight full bathrooms, plus two half bathrooms. The property includes a full sprinkler system and hard-wired smoke detection, with zoned HVAC systems. A walk-out basement provides direct access to an exterior patio.
The layout includes two full kitchens, one on the main floor and another in the lower level. There is a two-car garage along with additional exterior parking. The property is zoned Educational in Moon Twp.
Additional features include eight bedrooms each with its own full bath, supporting a dedicated, room-based residential care setup within the facility.
The layout includes two full kitchens, one on the main floor and another in the lower level. There is a two-car garage along with additional exterior parking. The property is zoned Educational in Moon Twp.
Additional features include eight bedrooms each with its own full bath, supporting a dedicated, room-based residential care setup within the facility.
Key Highlights
- 8,200 sq ft facility built in 2009 with eight bedrooms and eight full bathrooms, plus two 1/2 baths
- Two full kitchens—one on the main floor and one in the lower level
- Walk‑out basement with exterior patio access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,497
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,940
$749.9K
Cap Rate 7%
$535,671
$535.7K
Cap Rate 9%
$416,633
$416.6K
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$66.9K $8.16/SF
− Vacancy
−$4.4K −$0.54/SF
EGI
$62.5K $7.62/SF
− OpEx
−$25.0K −$3.05/SF
NOI
$37.5K $4.57/SF
Area
Allegheny County, PA
Vacancy
6.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,940
Cap Rate 7%
$535,671
Cap Rate 9%
$416,633
Alternative Uses
Best Use
Healthcare Medical
$535.7K
$468.7K – $625.0K
NOI $37,497 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,207 @ 7.0% cap · market cap 18.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
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Business Placement
Demographics for 15108, PA
43,422
Population
18,179
Households
2.4
Avg Household Size
40
Median Age
47%
College-Educated
96%
High-School Grad
39.5 sq mi
ZIP Area
1,099
Density / Sq Mi
$94,703
Median Household Income
$52,327
Median Earnings
$1,161
Median Rent
$255,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Rehabilitation center - 8,200 sq ft facility built in 2009 with eight bedrooms, eight full baths, two kitchens, and exterior patio access.
Where is this rehabilitation center located?
The property is located at 221 Felician Dr Coraopolis Coraopolis, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 8,200 sq ft facility built in 2009 with eight bedrooms and eight full bathrooms, plus two 1/2 baths; Two full kitchens—one on the main floor and one in the lower level; Walk‑out basement with exterior patio access
