708 Jefferson St New Castle, PA 16101

This exceptional Class A medical office building presents a compelling investment opportunity. Located at 708 N Jefferson St, New Castle, PA 16101, this stabilized property boasts a 10.03% cap rate and a substantial net operating income (NOI) of $168,000. The 13,704 square foot facility comprises two, two-story buildings situated on a 0.88-acre lot with ample parking (20 spaces per 1,000 sq ft). Currently 100% occupied under an absolute NNN lease, this single-tenant property offers significant long-term stability. The property features a mix of general office space, private offices, exam rooms, surgical operating rooms, and a recovery room, all meticulously maintained. Major renovations were completed in 2009, ensuring the building is in excellent condition. The property includes elevators in both buildings, a concrete foundation, membrane roof, stucco exterior, and modern interior finishes. With 138 feet of frontage on E Laurel Ave and 120 feet on N Jefferson St, and permitted C-1 zoning, this property offers significant potential. Built in 1966, this turnkey investment is ready for immediate ownership. An appraisal report is available upon request.