Therapeutic Pool Physical Therapy
507 Pittsburgh St Springdale, PA 15144
507 Pittsburgh St, Springdale, PA, 15144
Contact for pricing
For Sale
Contact for pricing
Clinic includes a 40-foot ADA-accessible therapeutic pool maintained at 92°F with zero-entry ramp access and lift system.
Property Size11,000 SF
Price / SF$81.82
Days on Market117
Property Features for 507 Pittsburgh St
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Property subtype
- Mixed Use, Office, Special Purpose
Listing agency
Howard Hanna
Listed by
Andrew Klima · License #RS374284
Source
Crexi
Added: Mar 27 Updated: Jul 21 at 1:05AM Checked: Jul 21 at 6:31AM
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 Howard Hanna
Investment Insights
Based on property information with market context.
This property is a physical therapy clinic featuring a 40-foot ADA-accessible therapeutic pool maintained at 92°F. The pool includes zero-entry ramp access and a mechanical lift system, along with dual locker rooms and a commercial-grade filtration and heating system designed for ongoing therapy use.
Originally constructed as a 14-room motel and later converted into an assisted living facility, the current configuration has been refined for clinical operations. The main level supports patient flow with multiple private treatment rooms, dedicated therapy and rehabilitation gym spaces, administrative and reception areas, and ample storage and support rooms.
An additional level expands the footprint with seven rooms and two full bathrooms. Site access is supported by 20+ parking spaces for staff and clients, with easy ingress/egress for medical transport or higher-volume traffic. The property is located about two miles from the Pennsylvania Turnpike (Exit 48) and roughly three miles from Route 28, within reach of the greater Pittsburgh metro.
Originally constructed as a 14-room motel and later converted into an assisted living facility, the current configuration has been refined for clinical operations. The main level supports patient flow with multiple private treatment rooms, dedicated therapy and rehabilitation gym spaces, administrative and reception areas, and ample storage and support rooms.
An additional level expands the footprint with seven rooms and two full bathrooms. Site access is supported by 20+ parking spaces for staff and clients, with easy ingress/egress for medical transport or higher-volume traffic. The property is located about two miles from the Pennsylvania Turnpike (Exit 48) and roughly three miles from Route 28, within reach of the greater Pittsburgh metro.
Key Highlights
- 40‑foot ADA‑accessible therapeutic pool maintained at 92°F with zero‑entry ramp access and a lift system
- Clinic layout includes multiple private treatment rooms, dedicated therapy/rehabilitation gym spaces, plus administrative and reception areas
- Former 14‑room motel converted to assisted living and most recently operating as Health Star Physical Therapy
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 | $89.8k | $8.16 |
| − Vacancy | −$5.9k | −$0.54 |
| EGI | $83.8k | $7.62 |
| − OpEx | −$33.5k | −$3.05 |
| NOI | $50.3k | $4.57 |
11,000 SF · lease $8.16/SF/yr · vacancy 6.60% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$718.6K
$628.8K – $838.4K
NOI $50,302 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,131 @ 7.0% cap · market cap 21.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Robert J. Dent, ...
Physician
Health Star Physical ...
Physician
Michael S. Donnell, ...
Physician
Bennett Richardson
Physician
Michelle Cotter
Physician
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FAQs
What type of property is this?
Medical center - Clinic includes a 40-foot ADA-accessible therapeutic pool maintained at 92°F with zero-entry ramp access and lift system.
Where is this medical center located?
The property is located at 507 Pittsburgh St Springdale, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 40‑foot ADA‑accessible therapeutic pool maintained at 92°F with zero‑entry ramp access and a lift system; Clinic layout includes multiple private treatment rooms, dedicated therapy/rehabilitation gym spaces, plus administrative and reception areas; Former 14‑room motel converted to assisted living and most recently operating as Health Star Physical Therapy
