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    Medical Office Building For Sale Title is generated by Realmo AI

    184 Old Rte 30, Greensburg, PA

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

    Type:OFFICE
    Property size:
    3,300 SF
    Lot size:
    1.22 Acres
    Price / SF:
    $219/SF
    Added:
    Dec 15, 2022
    Days on Market:
    1278
    Last Refresh:
    Apr 5 at 11:27 pm

    Property Features for 184 Old Rte 30

    General Information

    Standard status
    Active
    Size
    3,300 SF
    Lot size
    1.22 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Bradley Swidler
    Bradley Swidler

    Listing agent Bradley Swidler License ##RS205686L

    Listing office Lee & Associates | Central Pennsylvania

    Listing date Dec 15, 2022

    Source Moodyscre

    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

    HighLights

    • New 10 year lease offers stable income.
    • Single tenant provides ease of management.
    • Well maintained medical office building, ready for occupancy.
    • Rare opportunity to own a MOB (Medical Office Building).
    • Perfect for 1031 or single investment purchasers.
    • Excellent location just off of heavily trafficked Route 30.

    Overview

    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.

    Local 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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    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

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensburg
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.5006
    Latitude
    40.2992

    FAQs

    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) 695-3840 Call to check price and availability
    More about this property
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