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Grand Plaza 1295 Grand Blvd 21,431 SF 100% Leased Retail Building Monessen, PA 15062 $895,000 ($41.76/SF)



INVESTMENT HIGHLIGHTS
- Large lighted parking lot
- Included are WiFi, security system and storage business is included and other leases will transfer with property
- HVAC units have been replaced
EXECUTIVE SUMMARY
This business property consists of eight units, each varying in size and purpose. The units include spaces such as a medical office, a yoga studio, an indoor storage facility, a dance studio, and a medical supply business with a spacious storage area. Additionally, there is a bus company office featuring on-site bus parking. Half of the building’s roof has been replaced to improve durability. The HVAC units have also undergone replacement, ensuring efficient climate control. All eight units, including the indoor storage area, are currently under lease. Each tenant is responsible for their own water, sewage, electricity, and gas expenses. Included amenities cover WiFi, a security system. Large, lighted parking lot, recently repaved in one-third of its area, can accommodate up to 100 cars, offering ample parking space for tenants and visitors alike.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,431 SF
Building Class
C
Year Built
1960
Price
$895,000
Price Per SF
$41.76
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
15.20 AC
Zoning
Comm - Comm
Parking
155 Spaces (7.23 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 56-06-00-0-058 | Improvements Assessment | $0 |
| Land Assessment | $6,320 | Total Assessment | $6,320 |
PROPERTY TAXES
Parcel Number
56-06-00-0-058
Land Assessment
$6,320
Improvements Assessment
$0
Total Assessment
$6,320
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Grand Plaza | 1295 Grand Blvd
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