302 W Otterman St - Office FOR SALE


Greensburg, PA 15601
$800,000 USD
412-200-5289
302 W Otterman St, Greensburg, PA for Sale
$800,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

302 W Otterman St
Greensburg, PA 15601


HIGHLIGHTS

  • 9,000 SF | Two-Story Professional Office Building
  • 26 Private Offices | 4 Conference Rooms | 2 Kitchens
  • 24 Parking Spaces (2.67/1,000 SF)
  • 1.67 Acres | Two Parcels Conveying Together
  • R2 Zoning | Office & Residential Uses Permitted

OVERVIEW

9,000 SF two-story professional office building available for sale at $800,000 ($88.89/SF) — a significant discount to replacement cost estimated at $2.3M–$3.6M. The property sits on 1.67 acres with 24 parking spaces and features 26 private offices, 4 conference rooms, 2 fully equipped kitchens, and ADA-compliant restrooms across two divisible 4,500 SF floors. Built in 1994, the building is 100% vacant and available for immediate possession — ideal for an owner-occupant seeking to eliminate lease obligations or an investor pursuing a value-add opportunity. R2 zoning permits both office and residential uses. Both parcels convey together: main building (1.54 ac) and adjacent parking lot (0.13 ac). Ownership economics are compelling: all-in monthly cost of approximately $9,571 compares favorably to a market lease equivalent of $14,250/month for comparable space at $16/SF NNN — representing over $56,000 in annual savings. SBA 504 financing available with as little as 10% down for qualified owner-occupants. Located in downtown Greensburg's professional services corridor, 0.5 miles from Westmoreland County Courthouse, 1.2 miles from Excela Health Westmoreland Hospital, and 35 miles from Pittsburgh CBD. Shown by appointment only. Contact Charles Krushansky, Century Realty LLC | 412.200.5289 | krushansky@century-realty.com

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Westminster Office Complex

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,499 SF

ZONING

R2 & C2

APN/PARCEL ID

10-02-14-0-292

ASK ABOUT THIS PROPERTY

Charles KrushanskyCentury RealtyMore Info
412-200-5289

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Charles KrushanskyCentury RealtyMore Info
412-200-5289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.