Two-Story Office
For Sale
Contact for pricing
4212 Old William Penn Hwy, Murrysville, PA 15668
Two-story office building with separate utilities and exam-room layout suited to medical or med-spa use.
Property Size2,700 SF
Price / SF$200
Days on Market496
Property Features for 4212 Old William Penn Hwy
General Information
Standard status
Active
Size
2,700 SF
Property subtype
OFFICE
Additional Details
Traffic Count
6,000 vehicles/day
Building Details
Stories
2
Listing Agency:
BHHS - The Preferred Realty | Murrysville
(724) 327-0444
Listed By:
Lisa Petzel
(412) 260-5730
Source:
Moodyscre
Added: Jun 19, 2025
Changed: Oct 25
Last Checked: Oct 26 at 12:50PM
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 BHHS - The Preferred Realty | Murrysville
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Investment Insights
Based on property information with market context.
This solid two-story office building is positioned as a suitable home for a medical practice, med-spa, or other office business. The first floor offers a large reception area, multiple exam rooms and office space, along with a kitchenette and two restrooms, including an ADA-accessible restroom. The second floor includes a waiting room, exam rooms/office space, plus a lab area and break room. Separate utilities serve each floor, and mechanical systems for the first floor are located in the basement, including the furnace and hot water heater. A new sewer line was completed last year.
The property is located in the heart of Murrysville along Old William Penn Highway, with over 70 feet of frontage and traffic reported at over 6,000 vehicles per day. It sits between Dick’s Diner and Mother of Sorrows Church. The building is currently leased to an allergy practice.
The available space is described as 1,450 square feet on the first floor and 1,250 square feet on the second floor, providing two distinct levels served by separate utilities.
The property is located in the heart of Murrysville along Old William Penn Highway, with over 70 feet of frontage and traffic reported at over 6,000 vehicles per day. It sits between Dick’s Diner and Mother of Sorrows Church. The building is currently leased to an allergy practice.
The available space is described as 1,450 square feet on the first floor and 1,250 square feet on the second floor, providing two distinct levels served by separate utilities.
Key Highlights
- Two‑story office building in Murrysville with 70+ ft frontage on Old William Penn Hwy; 6,000+ vehicles pass per day.
- Currently leased to an allergy practice with 1,450 SF on the first floor and 1,250 SF on the second floor.
- Separate utilities for each floor, supporting independent operation of first- and second‑floor spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,491
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,820
$689.8K
Cap Rate 7%
$492,729
$492.7K
Cap Rate 9%
$383,233
$383.2K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$60.9K $22.56/SF
− Vacancy
−$14.9K −$5.53/SF
EGI
$46.0K $17.03/SF
− OpEx
−$11.5K −$4.26/SF
NOI
$34.5K $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%
$689,820
Cap Rate 7%
$492,729
Cap Rate 9%
$383,233
Alternative Uses
Best Use
Office B
$492.7K
$431.1K – $574.9K
NOI $34,491 @ 7.0% cap · market cap 6.39%
Second Best
Healthcare Medical
$453.9K
$397.2K – $529.6K
NOI $31,773 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$687.7K
$601.8K – $802.4K
NOI $48,141 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15668, PA
13,433
Population
5,893
Households
2.3
Avg Household Size
50
Median Age
54%
College-Educated
98%
High-School Grad
22.4 sq mi
ZIP Area
600
Density / Sq Mi
$121,743
Median Household Income
$60,669
Median Earnings
$1,303
Median Rent
$315,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Borderbrook Animal Hospital & Pet — 3741 William Penn Hwy, Murrysville, PA 15668
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story office building with separate utilities and exam-room layout suited to medical or med-spa use.
Where is this medical office space located?
The property is located at 4212 Old William Penn Hwy Murrysville, PA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Two‑story office building in Murrysville with 70+ ft frontage on Old William Penn Hwy; 6,000+ vehicles pass per day.; Currently leased to an allergy practice with 1,450 SF on the first floor and 1,250 SF on the second floor.; Separate utilities for each floor, supporting independent operation of first- and second‑floor spaces.
