1629 Union Avenue — Medical Office
Office | 3,749 SqFt
Marketing description
AHN Allegheny Valley Hospital — located directly adjacent to this property — has invested $18.2 million in major facility expansions since 2024: a new $12 million imaging center completed in September 2024 and a $6.2 million inpatient rehabilitation expansion completed in early 2026, establishing AVH as the AHN network's Center of Excellence for inpatient rehabilitation. The hospital is actively hiring and growing. Patient volume in this corridor is increasing. And the surrounding medical trade area on Union Avenue in Natrona Heights is becoming one of the most active healthcare real estate micro-markets in Allegheny County.
1629 Union Avenue is now vacant and available for immediate acquisition. This 3,749 SF single-level former medical office building carries the full clinical buildout of its prior institutional healthcare tenant — including exam rooms, private offices, reception, administrative areas, and support spaces — all fully intact and ready for the next owner. That infrastructure, in this location, at $379,000 ($101/SF) with seller financing available, represents one of the most compelling medical office opportunities in Allegheny County right now.
This 3,749 SF single-level former medical office building was built in 1972 and sits on a 5,124 SF lot directly adjacent to AHN Allegheny Valley Hospital in Natrona Heights. The building features a fully intact clinical buildout from its prior institutional healthcare tenant, including multiple exam and private office rooms, a reception and waiting area, administrative space, and support rooms. The single-story design provides ADA compliance, ease of patient circulation, and immediate operational efficiency for an incoming owner.
The existing clinical infrastructure — exam rooms, plumbing, electrical, and office configuration — represents significant embedded capital already absorbed by the previous occupant. An incoming medical, dental, therapy, or professional services user can occupy and operate with minimal capital outlay and lead time. The building is vacant and available for immediate acquisition. Seller financing is available, eliminating the need for conventional bank financing and allowing for flexible, expedited closing.
Investment highlights
- Directly adjacent to AHN Allegheny Valley Hospital — which just invested $18.2M in expansion and is now the AHN network's designated inpatient rehab Center of Excellence. Patient and provider traffic in this corridor is only growing.
- Institutional clinical buildout fully in place — the prior healthcare tenant's investment in exam rooms, reception, private offices, admin, and support spaces is intact and ready for an incoming user at zero rebuild cost.
- $101/SF acquisition cost — far below replacement cost for a fully built-out medical office in Allegheny County. New construction of equivalent space would cost $250–$350/SF or more.
- Seller financing available — a rare and significant advantage that dramatically lowers the capital barrier, enables faster closing, and provides more flexible deal structuring than conventional bank financing.
- Vacant and available immediately — no lease-up risk, no tenant displacement, no waiting period. An owner-user can move in and begin operating from day one.
- Single-story ADA-accessible design — critical for medical, therapy, dental, or senior care practices where patient mobility and accessibility drive location selection.
- Broad permitted uses — Executive Office, Medical Office, and Traditional Office classification gives maximum flexibility to operate, lease, or re-tenant across professional and healthcare categories.
- Immediate equity on acquisition — a fully built-out Class B medical asset in an active hospital corridor at $101/SF is priced significantly below intrinsic value. Day-one equity is embedded in the ask.
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