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Medical Office with Exam Rooms
For Sale
$150,000

601 4th Ave, New Brighton, PA 15066

ResidentialIncome, New Brighton, PA

Property Size900 SF
Lot Size0.04 Acres
Price / SF$166.67
Days on Market9

Property Features for 601 4th Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning C-2
Zoning description C-2
Bedrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 2, Basement, Bedroom 2
Parking 6
Parking features Off Street
Elementary school district New Brighton Area
Middle school district New Brighton Area
High school district New Brighton Area
Directions From points south follwoing Rt 65 into town of New Brighton following Third Ave north to right on Fourth Ave to property on Right #601--corner of Fourth Ave and Sixth Street
Subdivision New Brighton
Standard status Active
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 1886

Building Details

Year built 1950
Number of units 2
Building materials VinylSiding
Roof type Composition
Listing Agency: BOVARD ANDERSON CO.
Listed By: Edwards McLaughlin · License #RM050596A
Added: Sep 29 Changed: Sep 30 Last Checked: Oct 7 at 2:06AM
MLS# 1776750

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 900 SF, first-floor professional office has five exam rooms or small offices, central administrative space, and a reception area. The property was formerly used for medical purposes and has vinyl siding and a composition roof. A rear ramp provides ADA access, and off-street parking is on a separate lot across the street.

At the corner of 6th Avenue and 4th Street in downtown New Brighton, the office overlooks a park. C-2 zoning allows uses that include financial services, art studios, business services, catering, and day care.

Key Highlights

  • 900 SF of first‑floor professional office space
  • Five exam rooms or small offices, plus administrative area and reception
  • ADA access via a rear ramp

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 (±1% cap)
NOI $15,682 @ 7.0% cap · market cap 10.45%
Second Best
Office B
$164.2K
$143.7K – $191.6K (±1% cap)
NOI $11,497 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$229.2K
$200.6K – $267.5K (±1% cap)
NOI $16,047 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Big Rock Veterinary Hospital — 910 3rd Ave, New Brighton, PA 15066
  • Caldwell Veterinary Clinic, David Caldwell, DVM & Dr. Jill Boucek (Caldwell) — 509 5th Ave, New Brighton, PA 15066
  • Caldwell vetinary clinic — 502 5th Ave, New Brighton, PA 15066

Frequently Asked Questions

What type of property is this?
Medical Office Space - C-2 zoning allows a range of commercial uses, including financial services, art studios, 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: 900 SF of first‑floor professional office space; Five exam rooms or small offices, plus administrative area and reception; ADA access via a rear ramp
More about this property
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