Historic Office Building with
135 W Pittsburgh St, Greensburg, PA 15601
For Sale
Contact for pricing
A two-story layout includes private offices, conference areas, reception space, and an upper-level storage area.
Property Size2,400 SF
Price / SF$177.08
Days on Market12
Property Features for 135 W Pittsburgh St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Prudential Realty Company
Listed By:
David Hanley · License #PA RM421195
(412) 860-2262
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 5:33PM
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 Prudential Realty Company
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Investment Insights
Based on property information with market context.
At 135 W. Pittsburgh Street, this office property offers approximately 2,400 square feet across two stories, with multiple private offices, conference areas, and reception space. Woodwork, original architectural details, and natural light distinguish the interior. An additional third floor provides storage space and potential for expansion. Eight dedicated parking spaces are located on site.
The property occupies a corner location in Downtown Greensburg, near the Westmoreland County Courthouse, Seton Hill University, restaurants, financial institutions, and government offices. Major regional roadways are also accessible from the area.
The property occupies a corner location in Downtown Greensburg, near the Westmoreland County Courthouse, Seton Hill University, restaurants, financial institutions, and government offices. Major regional roadways are also accessible from the area.
Key Highlights
- Approximately 2,400 square feet in a two‑story office building
- Eight dedicated on‑site parking spaces
- Multiple private offices, conference areas, and reception space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,659
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,180
$613.2K
Cap Rate 7%
$437,986
$438.0K
Cap Rate 9%
$340,656
$340.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$54.1K $22.56/SF
− Vacancy
−$13.3K −$5.53/SF
EGI
$40.9K $17.03/SF
− OpEx
−$10.2K −$4.26/SF
NOI
$30.7K $12.77/SF
Area
Westmoreland 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%
$613,180
Cap Rate 7%
$437,986
Cap Rate 9%
$340,656
Alternative Uses
Best Use
Office B
$438.0K
$383.2K – $511.0K
NOI $30,659 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.3K
$534.9K – $713.2K
NOI $42,792 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
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Business Placement
Demographics for 15601, PA
57,141
Population
25,978
Households
2.2
Avg Household Size
47
Median Age
40%
College-Educated
96%
High-School Grad
80.6 sq mi
ZIP Area
709
Density / Sq Mi
$75,369
Median Household Income
$41,485
Median Earnings
$868
Median Rent
$209,400
Median Home Value
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Market
Properties on Market for Office buildings in Westmoreland County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A two-story layout includes private offices, conference areas, reception space, and an upper-level storage area.
Where is this office building located?
The property is located at 135 W Pittsburgh St Greensburg, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approximately 2,400 square feet in a two‑story office building; Eight dedicated on‑site parking spaces; Multiple private offices, conference areas, and reception space
