985 Penn St, Brackenridge, PA 15014
For Sale
1 / 45
This exceptional investment opportunity presents a fully occupied, two-level brick commercial building situated at 985 Penn Street in Brackenridge, Pennsylvania. The property boasts a total area of 5,004 square feet, with each level comprising 2,502 square feet. Currently, the building is utilized as a medical office space, housing multiple tenants. The building is conveniently located and features an attractive exterior. The interior has been thoughtfully updated, with the lower level undergoing renovations in 2021. A significant feature is the large reception and waiting area, catering to the needs of the medical practice. The building is ADA compliant, ensuring accessibility for all. The property sits on a 0.24-acre lot. Importantly, the tenants are responsible for their respective utility costs, and the property taxes are shared equally between the tenants. The current asking price for this prime investment property is $400,000. This presents a strong return on investment opportunity due to the stable tenancy and the desirable location. The existing furniture within the building is owned by the tenants. This turnkey operation requires minimal owner involvement, making it an ideal addition to any investment portfolio. Serious inquiries are encouraged.
-
Leah Coalmer Physician
-
Valley Medical Associates: Joel M Kichler MD Physician
-
Dr. Malcolm P. Berger, MD Physician Medical Clinic
-
PAUL J KILLIAN, MD Physician
-
Kevin R Joyce, DO Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.
