Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Dormont Office Building For Sale Title is generated by Realmo AI

    2987 W Liberty Ave, Dormont, PA 15216

    View on Map
    Claim this Listing
    For Sale
    $425,000

    Office - Dormont, PA

    Type:Office
    Property size:
    4,000 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $106/SF
    Added:
    Oct 10, 2025
    Days on Market:
    215
    Last Refresh:
    May 12 at 7:06 pm

    Property Features for 2987 W Liberty Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    Comm
    Parking
    4
    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8438

    Building Details

    Building materials
    Brick, Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Duane Palmieri
    Duane Palmieri

    Listing agent Duane Palmieri

    Listing office KELLER WILLIAMS REALTY Mt. Lebanon Office, Bethel Park, PA

    Listing date Oct 10, 2025

    MLS# 1724910 Listing URL

    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.

    HighLights

    • Recent main roof replacement (2024) and sewer line repairs (2026) ensure low maintenance costs.
    • Approximately 4,000 sq ft of flexible space suitable for owner‑user, investor, or multi‑tenant layout.
    • Strong visibility and accessibility near the business district, with bus and trolley service.
    • Layout includes reception area, private offices, conference rooms, and storage on two levels.
    • Parking available in rear lot and two‑car garage, plus metered street parking.
    • Well‑suited for professional, medical, or administrative office use, previously a doctor's office.

    Overview

    This commercial office building in Dormont, PA, offers approximately 4,000 square feet of space, with approximately 2,000 square feet on each of two levels. Suited for professional, medical, or administrative office use, the property provides flexibility for an owner-user, investor, or potential multi-tenant layout. The building features two stairwells, creating the opportunity for two separate office suites. The front stairwell leads directly from the main entrance to the upper level, while a centrally located stairwell provides access to all levels. The 0.0792-acre lot is located near the business district, offering strong visibility and accessibility, with nearby bus and trolley service. Parking is available in the rear parking lot and two-car garage, with additional metered street parking nearby. The main level features a reception area, powder room, kitchenette, four private offices, a supply room, and a storage room. The second level offers two conference rooms, two to three office spaces, a storage room, and a powder room. Previously used as a doctor’s office, the building remains well-positioned for healthcare providers, but also offers excellent potential for law offices, accounting firms, consulting businesses, creative studios, nonprofit organizations, or other professional users. Recent improvements include a main roof replacement in 2024, including both the shingled roof on the original building and the flat rubber roof system at the rear portion of the building. Sewer line repairs were completed in January 2026, including installation of a new house trap and a sewer liner from the house trap to the main sewer line.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Dormont
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -80.0349
    Latitude
    40.4037

    FAQs

    What type of property is this?
    Office building - Commercial office building in Dormont, PA, suitable for various uses.
    Where is this office building located?
    The property is located at 2987 W Liberty Ave Dormont, 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: Recent main roof replacement (2024) and sewer line repairs (2026) ensure low maintenance costs.; Approximately **4,000 sq ft of flexible space** suitable for owner‑user, investor, or multi‑tenant layout.; Strong visibility and accessibility near the business district, with bus and trolley service.
    (412) 571-3800
    We can help!
    Listing Contact
    Duane Palmieri
    Duane Palmieri
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2987 W Liberty Ave, Dormont, PA 15216
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!