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651 S Center Ave
Somerset, PA 15501
Morocco Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Multi-Tenant Medical/Office Building
- 95 parking spaces - more than adequate
- Located only four blocks from the UPMC Somerset Hospital
- Tenants including UPMC, State funded organizations, Non-profit organizations, and local & regional counseling services
- Approximately 10,000 SF per floor with a 2,600 SF basement
- Value-Add or Owner-User Investment Opportunity!
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present for sale this office investment opportunity located at 651 S Center Avenue, Somerset, PA. The property consists of a two story medical office building that is 54% occupied. Spaces available for lease include 796 SF in Suite 105B, 7,156 SF in Suite 201, and 269 SF in Suite 203.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,000 SF
Building Class
B
Year Built
1973
Price
$1,565,000
Price Per SF
$78.25
Percent Leased
54%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,160 SF
Building FAR
0.40
Lot Size
1.15 AC
Zoning
C - Commercial Office
Parking
100 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 420015330 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $363,490 |
PROPERTY TAXES
Parcel Number
420015330
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$363,490
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