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Top-Floor Office Condominium
For Sale
$349,000

1200 Ashwood Drive Unit 1201, Canonsburg, PA 15317

End-unit professional suite with multiple private offices, reception space, kitchenette, and tenant-controlled HVAC.

Property Size1,445 SF
Price / SF$241.52
Days on Market52

Property Features for 1200 Ashwood Drive Unit 1201

General Information

Standard status Active
Size 1,445 SF
Class A
Property subtype Single Tenant Office

Additional Details

Floor top floor
Highway Access Yes

Amenities

24-hour access
tenant-controlled HVAC
recessed lighting
courtyard
monument signage

Building Details

Building Size 1,445 SF
Year Built 2012
Listing Agency: Realty One Group/Commercial
Listed By: Jaime Deyarmin
Source: Thebrokerlist
Added: Aug 26 Changed: Oct 3 Last Checked: Oct 16 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group/Commercial

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Investment Insights

Based on property information with market context.

This 1,445 SF office condominium occupies a top-floor end-unit position within a Class A building completed in 2012. The suite includes five private offices, a reception and waiting area, and a kitchenette. Windows on multiple sides bring natural light into the space, while upgraded finishes, recessed lighting, and tenant-controlled HVAC support a professional office environment.

Building features include 24-hour access, monument signage, a courtyard setting, and convenient parking. The property is located near Southpointe, I-79, and Route 19, with Pittsburgh approximately 20–25 minutes away and PIT Airport also within convenient reach. The address is 1200 Ashwood Drive, Unit 1201, Canonsburg, PA 15317.

Key Highlights

  • 1,445 SF office condominium at 1200 Ashwood Drive, Unit 1201, Canonsburg, PA 15317
  • Top‑floor end unit with windows on multiple sides and views
  • Five private offices plus reception and waiting area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,459
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,180 $369.2K
Cap Rate 7%
$263,700 $263.7K
Cap Rate 9%
$205,100 $205.1K
Market Conditions
NOI Build-Up for 1,445 SF
Gross rent
$32.6K $22.56/SF
− Vacancy
−$8.0K −$5.53/SF
EGI
$24.6K $17.03/SF
− OpEx
−$6.2K −$4.26/SF
NOI
$18.5K $12.77/SF
Area
Washington 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%
$369,180
Cap Rate 7%
$263,700
Cap Rate 9%
$205,100

Alternative Uses

Best Use
Office B
$263.7K
$230.7K – $307.7K (±1% cap)
NOI $18,459 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$445.3K
$389.6K – $519.5K (±1% cap)
NOI $31,168 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Westwood Spine & Joint ... Alternative Medicine Practice Westwood Spine & Joint ... Alternative Medicine Practice New Valley Dental Dental Office Mohammed Abdul Khan Dental Office Gwen Zeichner-Cloutier Foster Care Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Hair Salon Spa & Massage Center Law Firm

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 15317, PA

42,801
Population
18,803
Households
2.3
Avg Household Size
43
Median Age
52%
College-Educated
97%
High-School Grad
45.0 sq mi
ZIP Area
951
Density / Sq Mi
$107,962
Median Household Income
$61,089
Median Earnings
$1,180
Median Rent
$329,600
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

Frequently Asked Questions

What type of property is this?
Office units - End-unit professional suite with multiple private offices, reception space, kitchenette, and tenant-controlled HVAC.
Where is this office units located?
The property is located at 1200 Ashwood Drive Unit 1201 Canonsburg, PA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,445 SF office condominium at 1200 Ashwood Drive, Unit 1201, Canonsburg, PA 15317; Top‑floor end unit with windows on multiple sides and views; Five private offices plus reception and waiting area
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