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    301 1St Ave Tarentum, PA 15084

    Sponsored
    For Sale
    $690,000

    Mixed-use medical office building, great investment.

    Property size:
    12,341 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 12,341 square foot, Class B, multi-tenant medical office building located at 301 E 1st Ave, Tarentum, PA 15084. Currently 75% occupied, the property is offered at $690,000 ($55.91/sq ft). The building features four units, including a 3,500 square foot office suite available for lease, potentially subdividable. Lease terms are modified. The second floor comprises four large two-bedroom apartments. This two-story mixed-use building boasts a rich history as a former Allegheny Health Network facility. Ample parking is available with 9 spaces for patients and 10 private spaces for doctors and staff. The property sits on an 11,700 square foot lot and is zoned CC-Commercial Center-Apartments Over Office. This presents a unique opportunity to acquire a well-located, established medical office building with significant upside potential in a thriving community. The building's history as a medical office provides a strong foundation for continued success in this sector. The inclusion of residential units adds to the overall income stream and investment value.

    Property Features for 301 1St Ave

    General Information

    Property type
    Medical offices
    Square Feet
    12,341 SF
    Class
    B

    Building Details

    Units
    4

    HighLights

    • $690,000 asking price for this 12,341 square foot medical office building.
    • Class B, multi‑tenant property with 75% occupancy.
    • Modified lease terms in place.
    • Located at 301 E 1st Ave, Tarentum, PA 15084.
    • Features four units, including four 2‑bedroom apartments on the second floor.
    • 19 total parking spaces (9 patient, 10 staff).
    Property Profile Location Intelligence

    Current Use by Public Records

    Eric R. Smiga, ... Dentist Sarah Demarco Davies Oral And Maxillofacial Surgeon Accessible America LLC Business Management Consultant Bryce Lawrence Hartman Oral And Maxillofacial Surgeon Martin Edward Eichner Oral And Maxillofacial Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tarentum
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.7526545
    Latitude
    40.6001368

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    FAQs

    What type of property is this?
    Medical office - Mixed-use medical office building, great investment.
    Where is this medical office located?
    The property is located at 301 1St Ave Tarentum, PA.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: $690,000 asking price for this 12,341 square foot medical office building.; Class B, multi-tenant property with 75% occupancy.; Modified lease terms in place.
    Request Owner's contact information
    301 1St Ave Tarentum, PA 15084
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 1St Ave Tarentum, PA 15084
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