176 Lovell Ave, Ebensburg, PA 15931
Former bank building in Ebensburg with drive-through and expansion potential.
- Added:
- Nov 10, 2023
- Days on Market:
- 947
- Last Refresh:
- May 12 at 8:49 pm
Property Features for 176 Lovell Ave
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.75 Acres
- Property subtype
- Mixed Use, Office
Building Details
- Year Built
- 1992
Listing agent Hunter Ott License ##RS353898
Listing office Howard Hanna Bardell Realty
Listing date Nov 10, 2023
Source Crexi
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HighLights
- Prime location in the heart of Ebensburg, surrounded by successful businesses and major retailers.
- Free‑standing, all‑brick former bank building.
- Seller financing available.
- Full drive‑through system.
- Located on just under 3/4 of an acre, allowing for expansion or parking.
- Located in Ebensburg, the county seat with a growing industrial park.
Overview
Local Financial Insights For Office B
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 | $67.5k | $27.00 |
| − Vacancy | −$14.9k | −$5.94 |
| EGI | $52.7k | $21.06 |
| − OpEx | −$13.2k | −$5.27 |
| NOI | $39.5k | $15.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ebensburg
- County
- Cambria
- State
- Pennsylvania
- Longitude
- -78.73375
- Latitude
- 40.48082