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624 Lysle BlvdMcKeesport, PA 15132
624 Lysle Blvd
Asset ClassSpecial Purpose, Healthcare Facility, Multifamily
overview of deal

Overview

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, affordable 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 offers an excellent opportunity for investors or operators seeking a value add healthcare or residential redevelopment.

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Investment Highlights

  • Former 146-bed assisted living facility w. all existing FF&E
  • Approximately 87,191 SF building situated on 2.99 acres
  • Partially leased East Wing provides immediate income opportunity
  • Tremendous Opportunities as Assisted Living OR Re-Purpose
  • Possible seller financing available
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624 Lysle BlvdMcKeesport, PA 15132

Sales Team

Jason CampagnaManaging Director |Senior Advisor

License #: RM424399

(724) 825-3137jason.campagna@svn.com
Grant UnderwoodAssociate Advisor412.715.4160grant.underwood@svn.com
6 PPG Place, Suite #550, Pittsburgh, PA
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Listing provided by Revere CRE