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Vacant Former Senior Housing 2224 Walters Rd 39,900 SF Healthcare Building Online Auction Sale Allison Park, PA 15101
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Investment Highlights
- Available vacant healthcare opportunity at 2224 Walters Road presents a 39,900-square-foot, one-story former senior housing facility.
- Healthcare users can start operations in a turnkey 52-unit facility with a build-out of private, semi-private, and shared rooms/suites.
- Allison Park is in the North Hills of Pittsburgh, just over 10 miles from downtown, along the Route 8 corridor with scenic parks and quiet suburbs.
- Close to UPMC Passavant-McCandless, a leading hospital with the region's only National Cancer Institute-designated Comprehensive Cancer Center.
- Former residents enjoyed accommodations like the private dining room, the library, a bistro, a billiards activity room, and a beauty/barber shop.
- Nearby shopping includes McCandless Crossing, McIntyre Square, the Northway Shops, Allison Park Plaza, and the renowned Ross Park Mall.
Executive Summary
We are proud to present 2224 Walters Road, an expansive, single-story former senior living community, presented vacant to the market and in a turnkey position for a wide range of potential new senior housing or alternative use real estate investors.
The property consists of 52 units of institutionally maintained former assisted living units and was operating as such until late 2025, when the community was strategically taken offline.
The building features a full sprinkler system, and each apartment is equipped with an emergency call system. In addition, all exterior doors may be locked to maintain a secure environment. It is zoned for a wide range of potential uses.
2224 Walters Road is located approximately 10 miles north of Pittsburgh, Pennsylvania. It is also just 3 miles from UPMC Passavant – McCandless, the region’s leading hospital with the only National Cancer Institute-designated Comprehensive Cancer Center, ideal for proximity, referrals, and emergency services with the subject’s capabilities.
The subject’s 10-mile radius is home to a growing population of 581,945 residents. The average household income exceeds $109,500, and more than $7.8 billion in consumer spending power is generated each year. According to CoStar analytics, nearly 120,000 residents age 65 and older reside within a 10-mile radius, aligning with the subject’s capabilities. Additionally, the realm’s largest daytime workforce is in education and health services, with 224,000 daytime employees, underscoring the strong demand for a skilled, highly educated workforce in the area.
Property tours are by appointment only. Please contact the listing broker to schedule.
The property consists of 52 units of institutionally maintained former assisted living units and was operating as such until late 2025, when the community was strategically taken offline.
The building features a full sprinkler system, and each apartment is equipped with an emergency call system. In addition, all exterior doors may be locked to maintain a secure environment. It is zoned for a wide range of potential uses.
2224 Walters Road is located approximately 10 miles north of Pittsburgh, Pennsylvania. It is also just 3 miles from UPMC Passavant – McCandless, the region’s leading hospital with the only National Cancer Institute-designated Comprehensive Cancer Center, ideal for proximity, referrals, and emergency services with the subject’s capabilities.
The subject’s 10-mile radius is home to a growing population of 581,945 residents. The average household income exceeds $109,500, and more than $7.8 billion in consumer spending power is generated each year. According to CoStar analytics, nearly 120,000 residents age 65 and older reside within a 10-mile radius, aligning with the subject’s capabilities. Additionally, the realm’s largest daytime workforce is in education and health services, with 224,000 daytime employees, underscoring the strong demand for a skilled, highly educated workforce in the area.
Property tours are by appointment only. Please contact the listing broker to schedule.
Offering Memorandum Click Here to Access
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Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Room Mix Information
| Description | No. Beds |
|---|---|
| Studios | 0 |
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
Sale Advisor
Sale Advisor
Steve Thomes, Managing Director
Steve Thomes joined Blueprint in 2014. As Executive Managing Director & Head of Business Development, he ensures Blueprint’s team of advisors is well positioned at every opportunity to perform for our clients, seeks to perfect geographic market coverage, and assists with new relationship development.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Sophy Cardenas
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Broker RB068364. Ten-X Commercial Auction Firm AY002443, Auctioneer Arlene Richardson AU006275
1 of 35
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Vacant Former Senior Housing | 2224 Walters Rd
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