3-Unit Medical
322-326 Unity Plaza, Latrobe, PA 15650
For Sale
$785,000
Each suite has a reception area, patient rooms, two half baths, an office, records room, and kitchen or breakroom.
Property Size3,600 SF
Price / SF$218.06
Days on Market96
Property Features for 322-326 Unity Plaza
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
HOWARD HANNA REAL ESTATE SERVICES
Listed By:
Sara Petrie · License PA RS322273
(724) 832-2300
Source:
Indianlakerealty
Added: Aug 9
Changed: Nov 11
Last Checked: Nov 11 at 2:10AM
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 HOWARD HANNA REAL ESTATE SERVICES
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unity Plaza in Latrobe contains three medical office units, each measuring 3,600 square feet. The layout includes a reception area, patient rooms, two half baths, an office, a records room, and a kitchen or breakroom. Each unit has its own electric meter and AC unit.
The property is near Route 30, Route 981, Arnold Palmer Regional Airport, restaurants, and shopping. The building was constructed in 1984.
The property is near Route 30, Route 981, Arnold Palmer Regional Airport, restaurants, and shopping. The building was constructed in 1984.
Key Highlights
- Three medical office units, each 3,600 square feet
- Each unit includes a reception area, patient rooms, two half baths, office, records room, and kitchen/breakroom
- Separate electric meter and AC unit for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,989
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,780
$919.8K
Cap Rate 7%
$656,986
$657.0K
Cap Rate 9%
$510,989
$511.0K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$81.2K $22.56/SF
− Vacancy
−$19.9K −$5.53/SF
EGI
$61.3K $17.03/SF
− OpEx
−$15.3K −$4.26/SF
NOI
$46.0K $12.77/SF
Area
Westmoreland County, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,780
Cap Rate 7%
$656,986
Cap Rate 9%
$510,989
Alternative Uses
Best Use
Office B
$657.0K
$574.9K – $766.5K
NOI $45,989 @ 7.0% cap · market cap 5.86%
Second Best
Healthcare Medical
$605.2K
$529.6K – $706.1K
NOI $42,364 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$917.0K
$802.4K – $1.07M
NOI $64,188 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 15650, PA
26,523
Population
12,294
Households
2.2
Avg Household Size
47
Median Age
30%
College-Educated
95%
High-School Grad
74.2 sq mi
ZIP Area
357
Density / Sq Mi
$63,314
Median Household Income
$38,500
Median Earnings
$824
Median Rent
$175,500
Median Home Value
Market
Properties on Market for Medical Office Space in Westmoreland County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Each suite has a reception area, patient rooms, two half baths, an office, records room, and kitchen or breakroom.
Where is this medical office space located?
The property is located at 322-326 Unity Plaza Latrobe, PA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Three medical office units, each 3,600 square feet; Each unit includes a reception area, patient rooms, two half baths, office, records room, and kitchen/breakroom; Separate electric meter and AC unit for each unit
