1630 Beaver Midland Rd Industry, PA 15052
- Lifestyle centers
- 4,200 SF
- 0.43 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 1630 Beaver Midland Rd
- Lot size
- 0.43 lot acres
- Property size
- 4,200 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 4,200 square foot shopping center in Industry, Pennsylvania, presents a compelling investment opportunity. The property features four units, currently 50% occupied, with three tenants. Two vacant units, each approximately 1,000 square feet, offer owner-user potential or leasing upside. The property boasts a strong 11.61% cap rate with a net operating income (NOI) of $45,879, and an asking price of $395,000 ($94.05/sq ft). Built in 2017 and renovated in 2017, the single-story building sits on a 0.43-acre lot with 16 parking spaces. The property is zoned C-1 and benefits from its strategic location near the Beaver County Shell Cracker Plant, between Midland and Beaver, Pennsylvania, and approximately five miles from I-376. Recent HVAC upgrades (2018 and 2019) enhance the property's value. Adjacent land parcels are also available for purchase, presenting an opportunity for expansion. This stabilized investment offers a strong return and significant potential for future growth.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Industry
- County
- Beaver
- State
- Pennsylvania
- Longitude
- -80.3953
- Latitude
- 40.6527