410 Hansen Ave, Lyndora, PA 16045
- Commercial real estate
- 0.97 lot acres
Current Use by Public Records
- Hansen Auto Sales / Car Dealership
Property Details for 410 Hansen Ave
- Lot size
- 0.97 lot acres
- Property type
- Commercial real estate
- APN
- 052 29 F640000
- APU
- 05229F640000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 18, 2005 | — | Ventura Joseph & Antionette Tr | Owner,record | Grant Deed · related | — |
Description
This 14,000 square foot, Class B medical office building in Lyndora, Pennsylvania, presents a compelling investment opportunity. Located on a 0.97-acre lot at a high-traffic intersection, the property boasts 25 parking spaces and excellent visibility. Built in 1994 and renovated in 2011, the single-story building currently houses three established medical tenants under a modified lease with a remaining term of 4.1 years (commencing January 1, 2024, and expiring December 31, 2028). The property enjoys 100% occupancy, generating a strong NOI of $141,200 and an 8.31% cap rate. Over $600,000 has been invested in tenant improvements over the past decade. The property is zoned commercial and offers a stable tenancy with established medical practices. Lease details are available upon execution of a Non-Disclosure Agreement. This is a turnkey investment with significant upside potential in a desirable location, neighboring Speedway Gas Station and Ellis Automotive. The asking price is $1,700,000. Further financial information is available under a Non-Disclosure Agreement.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Lyndora
- County
- Butler
- State
- Pennsylvania
- Longitude
- -79.9113
- Latitude
- 40.8594
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
