Single-Story Office Building For
For Sale
Contact for pricing
1415 Eisenhower Blvd, Johnstown, PA 15904
Single-story office building with two suites available for sale.
Property Size7,308 SF
Price / SF$218.94
Days on Market1409
Property Features for 1415 Eisenhower Blvd
General Information
Standard status
Active
Size
7,308 SF
Class
B
Property subtype
Office
Zoning
C-3
Occupancy
100%
Net Operating Income
$107,000
Building Details
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Lee & Associates | Eastern Pennsylvania - Suburban Philadelphia
Listed By:
Bradley Swidler · License #PA RS205686L
(717) 208-8669
Source:
Crexi
Added: Nov 26, 2022
Changed: Oct 3
Last Checked: Oct 5 at 6:26PM
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 Lee & Associates | Eastern Pennsylvania - Suburban Philadelphia
Investment Insights
Based on property information with market context.
This single-story brick office building offers 7,308 square feet and is available for sale. The building is divided into two suites. Suite A is currently leased to 42 N. Dental and includes a large reception area, a break room, private offices, a lab, and twelve operatories. Suite B is vacant and features a large reception area, private offices, four exam rooms, and a private restroom. Each suite has separate meters for electricity and gas.
Key Highlights
- Single‑story brick building ideal for office or medical use.
- Suite A is currently leased to 42 N. Dental, providing immediate income. This suite features a large reception area, break room, private offices, lab, and twelve operatories.
- Suite B is vacant and ready for immediate occupancy or tenant placement. It includes a large reception area, private offices, four exam rooms, and a private restroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,430
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,308,600
$2.3M
Cap Rate 7%
$1,649,000
$1.6M
Cap Rate 9%
$1,282,556
$1.3M
Market Conditions
NOI Build-Up for 7,308 SF
Gross rent
$197.3K $27.00/SF
− Vacancy
−$43.4K −$5.94/SF
EGI
$153.9K $21.06/SF
− OpEx
−$38.5K −$5.27/SF
NOI
$115.4K $15.80/SF
Area
Cambria County, PA
Vacancy
22.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,308,600
Cap Rate 7%
$1,649,000
Cap Rate 9%
$1,282,556
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,430 @ 7.0% cap · market cap 7.21%
Second Best
Healthcare Medical
$1.24M
$1.09M – $1.45M
NOI $87,122 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,345 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15904, PA
16,065
Population
7,243
Households
2.2
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
28.9 sq mi
ZIP Area
556
Density / Sq Mi
$65,122
Median Household Income
$34,862
Median Earnings
$856
Median Rent
$172,200
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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story office building with two suites available for sale.
Where is this medical office space located?
The property is located at 1415 Eisenhower Blvd Johnstown, PA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Single‑story brick building ideal for office or medical use.; Suite A is currently leased to 42 N. Dental, providing immediate income. This suite features a large reception area, break room, private offices, lab, and **twelve operatories**.; Suite B is vacant and ready for immediate occupancy or tenant placement. It includes a large reception area, private offices, **four exam rooms**, and a private restroom.
