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559 Miller Ave Clairton, PA 15025
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Key Details
Sold Price $125,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1608369
Sold Date 08/04/23
Originating Board WESTPENN
Year Built 1900
Annual Tax Amount $3,165
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 43.5x100
Property Description
Attention: Investors! This prime 4000 sq ft commercial medical office space offers a 20% CAP RATE AND a Triple Net Lease! Discover a lucrative investment with this exceptional medical building. This property offers immense potential for savvy investors seeking stable returns and long-term growth. This long term UPMC tenant has occupied this space since 2004 with consecutive lease increases yearly. The annual rent will increase to $26,507 in April 2024. Spanning 4000 square feet, this well-maintained building presents a solid foundation for your investment portfolio. You will enjoy the benefit of a reliable stream of income, with a gross income of $25,860. Invest with confidence as this property has been consistently well maintained. Position your business for success with this remarkable commercial property.
Location
State PA
County Allegheny-south
Area Clairton
Zoning C1
Exterior
Utilities Available Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
Present Use Medical/Dental
Building
Structure Type Stucco
Others
Financing Other
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Bought with MARKET REAL ESTATE INC.
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