110 Youngstown Rd
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110 Youngstown Rd
14,832 SF Office Building Lemont Furnace, PA 15456 $842,808 CAD ($57 CAD/SF) 6% Cap Rate
Investment Highlights
- Conveniently located near Route 119, providing easy access to Uniontown and Connellsville making travel convenient for clients and patients.
- Increasing local population growth, translating to increased demand for services provided by those in place and available here.
- Situated nearby local shops, restaurants, and other essential services, enhancing convenience for staff and visitors.
- Close to other medical practices, hospitals, and healthcare services, enhancing collaborative opportunities.
Executive Summary
110 Youngstown Rd has been meticulously maintained during the 6 years UPMC has been a tenant. The large paved parking lot is fully lighted with LED poles and boasting room for up to 100 cars. The bottom floor contains nearly 7,000 square feet of space was completely remodeled in 2018 through 2019, with nine private offices and open working space. The 8,000 square foot main level has more than ten private office with large working spaces fit for 30 people. The office floor plans are flexible and can stay in tact or be removed for a more open concept. Both floors have a conference room, kitchen, and multiple bathrooms. The building currently has two tenants bringing in about $48,000 per year in gross income. The agent listing this is also the owner of the building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,832 SF
Building Class
C
Year Built/Renovated
1979/2006
Price
$842,808 CAD
Price Per SF
$57 CAD
Cap Rate
6%
NOI
$50,568 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,416 SF
Building FAR
0.11
Land Acres
3.03 AC
Zoning
C - This zoning district has general regulations that apply to the area, including prohibited uses, access to structures, and landscaping.
Parking
80 Spaces (5.4 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space | Size | Space Use | Condition | Available |
1st Floor | 8,000 SF | Office | Partial Build-Out | 30 Days |
1st Floor
Size |
8,000 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
30 Days |
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1st Floor
Size | 8,000 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | 30 Days |
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
1,293
7,671
30,209
2024 Population
1,469
7,931
30,362
Population Growth '20-'24
13.6%
3.4%
0.5%
2020 Households
563
3,368
13,249
2024 Households
643
3,485
13,315
Household Growth '20-'24
14.2%
3.5%
0.5%
Average Age
45
45
44
Median Household Income
$42,937
$45,813
$42,617
Daytime Employees
924
3,893
17,371
Total Businesses
56
285
1,968
College Degree + Higher
10%
16%
17%
$ values in USD
PROPERTY TAXES
Parcel Number | 25-12-0150-01 | Improvements Assessment | $295,740 CAD |
Land Assessment | $26,887 CAD | Total Assessment | $322,626 CAD |
PROPERTY TAXES
Parcel Number
25-12-0150-01
Land Assessment
$26,887 CAD
Improvements Assessment
$295,740 CAD
Total Assessment
$322,626 CAD
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110 Youngstown Rd
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