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Property profile & analytics
FOR SALE
Retail space

53 Oak Spring Rd Washington, PA 15301

1,600 SF 0.69 ac lot Built 1925
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US73-0327902
Property summary
AI-generated overview

This exceptional three-story, 3,000 square foot office building at 53 Oak Spring Road in Washington, Pennsylvania, presents a unique owner-user opportunity. Built in 1925 and extensively renovated in 2008, the property boasts a blend of historic character and modern functionality. Classified as a Class B building, it offers a single tenancy configuration, ideal for a business seeking a prominent presence. The asking price is $242,000, translating to $80.67 per square foot. Situated on a 0.7-acre lot, the property features two large paved parking lots providing ample parking for approximately 30 vehicles. The upper parking lot has received approval for vehicle storage. The building's convenient location offers high visibility and easy access to major roadways including I-70, I-79, and Route 19, requiring only a short drive from nearby traffic lights. The property is zoned C-2, allowing for a variety of commercial uses. This well-maintained building represents a compelling investment opportunity for businesses seeking a substantial and strategically located office space in Washington, PA. The property's combination of historical appeal, modern upgrades, and convenient location makes it an attractive option for discerning buyers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Total area 1,600 SF
Lot 0.69 ac (30,056 SF)
APN 600-003-01-04-0003-01
UPID US73-0327902
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
Current use
Occupant on record · Public records
  • Furry Friends Camp Kennel & Boarding Facility
  • Tang Yi Spa Alternative Medicine Practice Spa & Massage Center
  • STORAGE at Furry Friends Camp (Recreational Vehicles) Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Furry Friends Camp LLC · 8 yrs held
Furry Friends Camp LLC
since 2018
3 recorded transactions
2018
$235,000
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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