160 Montgomery St Hollidaysburg, PA 16648
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.