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Office Building with Private Offices
For Sale
$260,000

14 Morewood Street, Mount Pleasant, PA 15666

CommercialSale, Mt Pleasant Twp, PA

Property Size1,600 SF
Lot Size0.15 Acres
Price / SF$162.50
Days on Market331

Property Features for 14 Morewood Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Comme
Zoning description Comme
Parking 10
Subdivision Mt. Pleasant Twp - WML
Standard status Active
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 3445

Amenities

waiting room
secretary/reception office
private offices
conference room/break room

Building Details

Building materials Stone
Listing Agency: COLDWELL BANKER LAUREL RIDGE REALTY · Coldwell Banker Real Estate
Listed By: Paul Bortz · License #RM423147
Added: Nov 14, 2025 Changed: Oct 8 Last Checked: Oct 11 at 10:06AM
MLS# 1730862

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.

This 1,600-square-foot office building is arranged with a waiting area, a reception office, four private offices or exam rooms, and a conference room that can also serve as a break area. The stone building includes off-street parking for employees and visitors.

At 14 Morewood Street in Mount Pleasant Township, the property is on the township’s north side, with access to Routes 119 and 70.

Key Highlights

  • 1,600‑square‑foot office building on a 0.1515‑acre lot
  • Four private offices or exam rooms
  • Waiting area and dedicated reception office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,439
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,780 $408.8K
Cap Rate 7%
$291,986 $292.0K
Cap Rate 9%
$227,100 $227.1K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$36.1K $22.56/SF
− Vacancy
−$8.8K −$5.53/SF
EGI
$27.3K $17.03/SF
− OpEx
−$6.8K −$4.26/SF
NOI
$20.4K $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%
$408,780
Cap Rate 7%
$291,986
Cap Rate 9%
$227,100

Alternative Uses

Best Use
Office B
$292.0K
$255.5K – $340.7K (±1% cap)
NOI $20,439 @ 7.0% cap · market cap 7.86%
Second Best
Healthcare Medical
$269.0K
$235.4K – $313.8K (±1% cap)
NOI $18,828 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$407.5K
$356.6K – $475.5K (±1% cap)
NOI $28,528 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby

Demographics for 15666, PA

15,585
Population
7,730
Households
2
Avg Household Size
48
Median Age
23%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
292
Density / Sq Mi
$64,943
Median Household Income
$41,086
Median Earnings
$802
Median Rent
$154,700
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?
Office building - A client-facing layout combines reception, private workrooms, a conference area, and off-street parking.
Where is this office building located?
The property is located at 14 Morewood Street Mount Pleasant, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,600‑square‑foot office building on a 0.1515‑acre lot; Four private offices or exam rooms; Waiting area and dedicated reception office
More about this property
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