Medical Office with Exam
For Sale
$150,000
601 4th Ave, New Brighton, PA 15066
C-2 zoning permits a range of business and service uses, including financial services, catering, and day care.
Property Size900 SF
Price / SF$166.67
Days on Market8
Property Features for 601 4th Ave
General Information
Standard status
Active
Size
900 SF
Property subtype
Multi-Family
Zoning
Commerical -2
Additional Details
Floor
First Floor
Building Details
Year Built
1950
Listing Agency:
Berkshire Hathaway The Preferred Realty
(412) 521-5100
Listed By:
Jackson Realty Group
(412) 790-2779
Source:
Jacksonrealty
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 5 at 6:07PM
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 first-floor professional office space offers approximately 900 SF with five exam rooms or private offices, a central administrative area, and a reception space. The layout can support a range of professional uses. A rear ramp provides ADA access, and dedicated parking is located on a separate lot across the street.
The property sits at the corner of 6th Avenue and 4th Street in downtown New Brighton, with views over a park. C-2 zoning allows uses that include financial services, art studios, business services, catering, day care, and food and grocery businesses.
The property sits at the corner of 6th Avenue and 4th Street in downtown New Brighton, with views over a park. C-2 zoning allows uses that include financial services, art studios, business services, catering, day care, and food and grocery businesses.
Key Highlights
- Approximately 900 SF of first‑floor professional space
- Five exam rooms or small offices, plus central administration and reception areas
- C‑2 zoning allows a range of business and service uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,497
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,940
$229.9K
Cap Rate 7%
$164,243
$164.2K
Cap Rate 9%
$127,744
$127.7K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$20.3K $22.56/SF
− Vacancy
−$5.0K −$5.53/SF
EGI
$15.3K $17.03/SF
− OpEx
−$3.8K −$4.26/SF
NOI
$11.5K $12.77/SF
Area
Beaver 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%
$229,940
Cap Rate 7%
$164,243
Cap Rate 9%
$127,744
Alternative Uses
Best Use
Healthcare Medical
$224.0K
$196.0K – $261.4K
NOI $15,682 @ 7.0% cap · market cap 10.45%
Second Best
Office B
$164.2K
$143.7K – $191.6K
NOI $11,497 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$229.2K
$200.6K – $267.5K
NOI $16,047 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15066, PA
12,126
Population
6,019
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
21.6 sq mi
ZIP Area
561
Density / Sq Mi
$58,277
Median Household Income
$41,684
Median Earnings
$771
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - C-2 zoning permits a range of business and service uses, including financial services, catering, and day care.
Where is this medical office space located?
The property is located at 601 4th Ave New Brighton, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approximately 900 SF of first‑floor professional space; Five exam rooms or small offices, plus central administration and reception areas; C‑2 zoning allows a range of business and service uses
