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Medical Office Building with Garage
For Sale
$349,900

1802 Lincoln Way, White Oak, PA 15131

CommercialSale, White Oak, PA

Property Size2,200 SF
Lot Size0.44 Acres
Price / SF$159.05
Days on Market44

Property Features for 1802 Lincoln Way

General Information

Property type Commercial Sale
Property subtype Office
Zoning C2
Zoning description C2
Parking 12
Subdivision White Oak
Standard status Active
Lot size 0.44 Acres

Taxes and HOA fees

Tax Annual Amount 7624

Building Details

Building materials Brick
Listing Agency: CENTURY 21 FAIRWAYS REAL ESTATE · Century 21 Real Estate
Listed By: Hunter Donnelly · License #RS359128
Added: Aug 25 Changed: Sep 11 Last Checked: Oct 7 at 12:06AM
MLS# 1771347

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 1802 Lincoln Way in White Oak, this approximately 2,200-square-foot medical office property is constructed with brick and arranged for professional service use. The interior includes a reception and waiting area, multiple private treatment or office rooms, administrative and work areas, two restrooms, laundry, and a flexible floor plan. A detached rear garage adds storage or workspace.

The property occupies 0.4414 acres and includes approximately 12 off-street parking spaces. C2 zoning supports its commercial setting. The building is currently used by a chiropractic and wellness practice, with the existing business and equipment available separately. Its location along Lincoln Way provides direct roadway access within White Oak.

Key Highlights

  • Approximately 2,200 square feet of medical office space
  • 0.4414‑acre parcel at 1802 Lincoln Way, White Oak, PA 15131
  • Approximately 12 off‑street parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,104
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,080 $562.1K
Cap Rate 7%
$401,486 $401.5K
Cap Rate 9%
$312,267 $312.3K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$49.6K $22.56/SF
− Vacancy
−$12.2K −$5.53/SF
EGI
$37.5K $17.03/SF
− OpEx
−$9.4K −$4.26/SF
NOI
$28.1K $12.77/SF
Area
Allegheny County, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,080
Cap Rate 7%
$401,486
Cap Rate 9%
$312,267

Alternative Uses

Best Use
Office B
$401.5K
$351.3K – $468.4K (±1% cap)
NOI $28,104 @ 7.0% cap · market cap 8.03%
Second Best
Healthcare Medical
$143.7K
$125.8K – $167.7K (±1% cap)
NOI $10,060 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$560.4K
$490.3K – $653.8K (±1% cap)
NOI $39,226 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Parking Lot & Garage Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby
Under-served
Demand for This Use

Demographics for 15131, PA

8,144
Population
4,219
Households
1.9
Avg Household Size
52
Median Age
30%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
1,234
Density / Sq Mi
$68,496
Median Household Income
$44,320
Median Earnings
$999
Median Rent
$147,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Brick professional facility with treatment rooms, administrative areas, two restrooms, laundry, and on-site parking.
Where is this medical office space located?
The property is located at 1802 Lincoln Way White Oak, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Approximately 2,200 square feet of medical office space; 0.4414‑acre parcel at 1802 Lincoln Way, White Oak, PA 15131; Approximately 12 off‑street parking spaces
More about this property
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