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520 Ruah St 58,000 SF 100% Leased Office Building Blossburg, PA 16912 For Sale
Investment Highlights
- Located adjacent to the I-99 Corridor and minutes from the New York border.
- Offers 100 on-site parking spaces and a large 8.77-acre parcel for potential growth.
Executive Summary
520 Ruah Street in Blossburg, PA offers a substantial and uniquely adaptable property positioned near the I-99 Corridor, only 28 minutes from the New York state line. This three-story, 58,000-square-foot building sits on 8.77 acres and has been comprehensively updated in 2011 to modern standards. Originally constructed in 1932 as a hospital, all deed restrictions have been lifted, allowing for a range of commercial or institutional uses. The building benefits from an ICE insurance rating of 8.5 out of 9, reflecting its quality condition and compliance with rigorous safety measures. Features include a full commercial kitchen, ample on-site parking for approximately 100 vehicles, and included chattel assets. Its location near major routes provides strong connectivity for regional users, while generous acreage opens future expansion possibilities. This is an opportunity for owner-users or investors seeking a substantial property in a stable community with proximity to cross-border markets and established infrastructure.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
58,000 SF
Building Class
C
Year Built
1932
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
19,333 SF
Building FAR
0.15
Lot Size
8.74 AC
Parking
100 Spaces (1.72 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 02-09.00-047 | Improvements Assessment | $225,230 |
| Land Assessment | $231,470 | Total Assessment | $456,700 |
Property Taxes
Parcel Number
02-09.00-047
Land Assessment
$231,470
Improvements Assessment
$225,230
Total Assessment
$456,700
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Presented by
Cornerstone Insurance Group
520 Ruah St
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