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Medical Office Building For Sale
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184 Old Rte 30, Greensburg, PA

Well-maintained medical office building with a new 10-year lease.

Property Size3,300 SF
Lot Size1.22 Acres
Price / SF$219.70
Days on Market1324

Property Features for 184 Old Rte 30

General Information

Standard status Active
Size 3,300 SF
Lot size 1.22 Acres
Property subtype OFFICE
Listing Agency: Lee & Associates | Central Pennsylvania
Listed By: Bradley Swidler · License #RS205686L
Source: Moodyscre
Added: Dec 15, 2022 Changed: Jul 6 Last Checked: Jul 21 at 5:03AM

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 Lee & Associates | Central Pennsylvania

Investment Insights

Based on property information with market context.

This well-maintained single-story medical office building is available for sale. The property features 7 exam rooms, a lobby and waiting area, private offices, an employee kitchen, and a record storage area. The building offers approximately 3,300 square feet of space and is currently occupied by a single tenant under a new 10-year lease. The tenant is a proven practice committed to the location. The property is located just off heavily trafficked Route 30 in a stable community, making it suitable for 1031 exchanges or single investment purchasers. This is a rare opportunity to own a medical office building.

Key Highlights

  • New 10 year lease offers stable income.
  • Single tenant provides ease of management.
  • Well maintained medical office building, ready for occupancy.

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $74.4k $22.56
− Vacancy −$18.2k −$5.53
EGI $56.2k $17.03
− OpEx −$14.1k −$4.26
NOI $42.2k $12.77
3,300 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$602.2K
$527.0K – $702.6K (±1% cap)
NOI $42,156 @ 7.0% cap · market cap 5.81%
Second Best
Healthcare Medical
$554.8K
$485.4K – $647.2K (±1% cap)
NOI $38,833 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$840.6K
$735.5K – $980.7K (±1% cap)
NOI $58,839 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dr. Donald Dinello Dental Office Cannabis Card Pennsylvania ... Alternative Medicine Practice Dental Care Associates ... Dental Office Russo Phillip DDS Dental Office Dr. Steven Patt Dental Office

Suggested Use

Top Pick HVAC Service Pharmacy Hair Salon Bakery Law Firm Locksmith

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

760
Businesses Nearby
Well-served
Demand for This Use

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Pennsylvania Animal Wellness and Surgery — 108 Old Rte 30, Greensburg, PA 15601

Frequently Asked Questions

What type of property is this?
Medical Office Space - Well-maintained medical office building with a new 10-year lease.
Where is this medical office space located?
The property is located at 184 Old Rte 30 Greensburg, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: New 10 year lease offers stable income.; Single tenant provides ease of management.; Well maintained medical office building, ready for occupancy.
(717) 208-8669 Call to check price and availability
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