255 3rd St

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255 3rd St

New Kensington, PA 15068
Asking Price
$920K
Asset Type
School Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose educational facility totaling 38,500 square feet
  • Available for acquisition at an asking price of $920,000
  • Located in New Kensington, Pennsylvania within the Pittsburgh metro
  • Suitable for institutional use or diverse adaptive reuse projects
  • Provides a large, flexible footprint for organizational operations

What's Special

Educational facilities or institutional operations can utilize this 38,500-square-foot special-purpose building in New Kensington, Pennsylvania. The property provides a significant footprint for organizations seeking a dedicated campus or training center within the regional landscape. Situated in a community within the Greater Pittsburgh area, this site benefits from proximity to established local infrastructure and regional transit corridors. The scale of the facility allows for various adaptive reuse projects, including community centers, religious institutions, or specialized professional development headquarters. Prospective investors or owner-users will find a functional layout suitable for a wide range of institutional requirements. The property represents a substantial acquisition for entities looking to establish a presence in this Pennsylvania market, which maintains a stable base for various business and educational ventures. With its flexible interior space, the facility accommodates complex operational needs while offering a cost-effective alternative to new construction in the current market environment.

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NOI
$80,000
Cap Rate
8.70%
DSCR
1.46
Strong
Cash-on-Cash
9.20%
Monthly Payment
$4,551.658
Annual Cash Flow
$25,380.104

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