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

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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

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

108’ on Grand Blvd

Pylon Sign

Space Availability

Space
Size
Space Use
Position
Available

1
4,000 SF
Retail
-
60 Days

1295 Grand Blvd, Monessen, PA for sale Interior Photo- Image 1 of 3 — Interior Photo

1295 Grand Blvd, Monessen, PA for sale Interior Photo- Image 2 of 3 — Interior Photo

1295 Grand Blvd, Monessen, PA for sale Interior Photo- Image 3 of 3 — Interior Photo

This corner unit is the largest unit of the property. It has a seating area, couple of offices, a restroom, a lounge area, Warehouse storage in a couple of areas and an overhead door for loading. Lessee is responsible for electric, gas, water and sewage. WiFi is provided and also security. Lighted parking lot. Currently occupied on a month to month lease.