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624 Lysle Blvd 130,244 SF Health Care Building Offered at $2,500,000 in Mckeesport, PA 15132
INVESTMENT HIGHLIGHTS
- Former 146-bed assisted living facility w. all existing FF&E
- Partially leased East Wing provides immediate income opportunity
- Possible seller financing available
- Approximately 87,191 SF building situated on 2.99 acres
- Tremendous Opportunities as Assisted Living OR Re-Purpose
EXECUTIVE SUMMARY
SVN | Three Rivers Commercial Advisors is pleased to present for sale 624 Lysle Blvd in McKeesport, PA, a 87,191 SF former senior care facility known as Senior Care Plaza. The building was originally built as a hotel in 1972 but was converted to a personal care facility in 1993 and consists of 25 rooms per floor along with common areas. The average room size is approximately 350 SF. Additions totaling 37,724 SF were added in 1998, 2000, and 2004. The main building is 4 stories. The west wing is a single story, which was a former memory care wing consisting of 12 rooms, dining area, conference room, courtyard, and laundry facility. The east wing is a 3-story building which consists of 27 beds that is currently leased on a 1 year lease (Paying $35k / Mo). There is a large fully equipped commercial kitchen with a walk-in-cooler. The property features a functional layout with 2 operational elevators making it ideal for assisted living, healthcare, a?ordable housing, or other residential uses. The property is strategically located in the heart of McKeesport near UPMC McKeesport Hospital and key transportation routes, this asset o?ers an excellent opportunity for investors or operators seeking a value add healthcare or residential redevelopment.
PROPERTY FACTS
| Price | $2,500,000 | Building Size | 87,191 SF |
| Price Per Bed | $17,123 | No. Beds | 146 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Health Care | Year Built/Renovated | 1970/1992 |
| Property Subtype | Assisted Living | Parking Ratio | 0.97/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.99 AC | ||
| Zoning | C3 | ||
| Price | $2,500,000 |
| Price Per Bed | $17,123 |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 2.99 AC |
| Building Size | 87,191 SF |
| No. Beds | 146 |
| No. Stories | 4 |
| Year Built/Renovated | 1970/1992 |
| Parking Ratio | 0.97/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C3 |
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PROPERTY TAXES
| Parcel Number | 0307-F-00108-0000-00 | Improvements Assessment | $1,036,400 |
| Land Assessment | $63,600 | Total Assessment | $1,100,000 |
PROPERTY TAXES
Parcel Number
0307-F-00108-0000-00
Land Assessment
$63,600
Improvements Assessment
$1,036,400
Total Assessment
$1,100,000
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624 Lysle Blvd
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