Property profile

160 Montgomery St Hollidaysburg, PA 16648

OFF-MARKET
Office Spaces
13,368 SF 0.77 ac lot
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Property summary

AI-generated overview

This exceptional 13,368 square foot medical office building, located at 160 S Montgomery St in Hollidaysburg, Pennsylvania, presents a compelling investment opportunity for owner-users or investors. The Class C property, built in 1990 and renovated that same year, boasts a 95% occupancy rate with four long-term tenants, including a chiropractor. The building features six units, situated on a 0.77-acre lot, and includes 38 parking spaces. The property offers a gross lease structure with a strong net operating income (NOI) of $100,750, translating to a 9.60% cap rate. The asking price is $1,050,000, or $78.55 per square foot. Amenities include two common area conference rooms, a reception area, kitchenette, an executive suite, walk-up attic storage, and climate-controlled storage lockers. The property is zoned for industrial use and offers a convenient location within the Hollidaysburg borough. Financial details are available upon request. This multi-tenant building provides a stable income stream and significant potential for future growth. The property is situated in Blair County, PA, zip code 16648.

Property profile

Verified
Property type Office Spaces
Total area 13,368 SF
Lot 0.77 ac (33,541 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Security Service
  • Title Company
  • Advertising Agency Marketing & Advertising

Location

160 Montgomery St Hollidaysburg, PA 16648
Hollidaysburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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