624 Lysle Blvd - Assisted Livings FOR SALE


Mckeesport, PA 15132- McKeesport-White Oak
$2,500,000 USD
412-535-5756
624 Lysle Blvd, Mckeesport, PA for Sale
$2,500,000 USD
Assisted Livings - FOR SALE
1/33
null | Request Cap Rate

624 Lysle Blvd
Mckeesport, PA 15132
McKeesport-White Oak


HIGHLIGHTS

  • Former 146-bed assisted living facility w. all existing FF&E
  • Approximately 87,191 SF building situated on 2.99 acres
  • Partially leased East Wing provides immediate income opportunity
  • Tremendous Opportunities as Assisted Living OR Re-Purpose
  • Possible seller financing available

OVERVIEW

SVN | Three Rivers Commercial Advisors is pleased to present for sale 624 Lysle Blvd in McKeesport, PA, a 87,191 SF former senior care facility known as Senior Care Plaza. The building was originally built as a hotel in 1972 but was converted to a personal care facility in 1993 and consists of 25 rooms per floor along with common areas. The average room size is approximately 350 SF. Additions totaling 37,724 SF were added in 1998, 2000, and 2004. The main building is 4 stories. The west wing is a single story, which was a former memory care wing consisting of 12 rooms, dining area, conference room, courtyard, and laundry facility. The east wing is a 3-story building which consists of 27 beds that is currently leased on a 1 year lease (Paying $35k / Mo). There is a large fully equipped commercial kitchen with a walk-in-cooler. The property features a functional layout with 2 operational elevators making it ideal for assisted living, healthcare, a?ordable housing, or other residential uses. The property is strategically located in the heart of McKeesport near UPMC McKeesport Hospital and key transportation routes, this asset o?ers an excellent opportunity for investors or operators seeking a value add healthcare or residential redevelopment.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.99 AC

LAND SF

130,244 SF

ZONING

C3

APN/PARCEL ID

0307-F-00108-0000-00

ASK ABOUT THIS PROPERTY

Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

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Jason CampagnaSVN - Three Rivers Commercial AdvisorsMore Info
412-535-5756

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.