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    OFF-MARKET
    Medical Office Space

    514 Main St, Blakely, PA 18452

    4,400 SF 0.17 ac lot Built 1930
    Entity Owned 1-yr Hold
    Property ID
    US73-2056632
    Property summary
    AI-generated overview

    Exceptional investment opportunity in Blakely, PA! This 4,400 sq ft, two-story building, constructed in 1930, offers three units: a former medical office on the main floor easily convertible into a third apartment, a two-bedroom unit, and a one-bedroom unit. The property boasts ample off-street parking for 13 vehicles, a significant advantage in this highly desirable Valley View School District, known for its consistently high rental demand and low vacancy rates. The building sits on a 0.17-acre lot and is zoned R1. A finished room in the dry basement further enhances the property's potential. The asking price is $272,500, translating to $61.93 per square foot. This presents a rare chance to acquire a multi-unit property with strong rental potential in a sought-after location. The building's history as a medical office provides a unique opportunity for adaptive reuse, while the existing apartments ensure immediate cash flow. Don't miss this chance to capitalize on the high demand for rental properties in this area.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1930
    Total area 4,400 SF
    Lot 0.17 ac (7,405 SF)
    UPID US73-2056632
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Chepatpen Realty LLC · 1 yrs held
    Chepatpen Realty LLC
    since 2025
    1 recorded transaction
    2025
    $264,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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