Monroeville Commercial Space For
4351 Old William Penn Hwy Monroeville, PA 15146
For Sale
$665,000
High-visibility commercial space in a sought-after Monroeville location.
Property Size3,200 SF
Lot Size1.90 Acres
Price / SF$207.81
Days on Market181
Property Features for 4351 Old William Penn Hwy
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 1.90 Acres
Listing Agency:
WEINER REAL ESTATE
(412) 373-8900
Listed By:
Jeff Weiner · License #RM045919A
(412) 373-8900
Source:
Exprealty
Added: Jan 26
Changed: Jul 6
Last Checked: Jul 25 at 2:24PM
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 WEINER REAL ESTATE
Investment Insights
Based on property information with market context.
This commercial property is located in a high-traffic area of Monroeville. The property offers 3200 square feet of space across two levels. The layout includes multiple rooms, two reception areas, and an open work area. The interior features approximately 18 ft. vaulted ceilings and skylights. A kitchenette is located on the main level, and two bathrooms are on the lower level. The property includes over 30 parking spaces, plus a two-car detached garage. It is located minutes from Business Route 22, Route 48, the Parkway East, PA Turnpike, and Golden Mile Highway. The property is suited for salons, spas, medical offices, professional offices, or retail businesses.
Key Highlights
- High‑visibility location in a sought‑after Monroeville area with high traffic.
- 3200 sq ft of well‑maintained space across two levels suitable for various business types (salon, spa, medical, retail, etc.).
- Ample parking with over 30 spaces, plus a two‑car detached garage.
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 | $72.2k | $22.56 |
| − Vacancy | −$17.7k | −$5.53 |
| EGI | $54.5k | $17.03 |
| − OpEx | −$13.6k | −$4.26 |
| NOI | $40.9k | $12.77 |
3,200 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$584.0K
$511.0K – $681.3K
NOI $40,879 @ 7.0% cap · market cap 6.15%
Second Best
Retail
$532.8K
$466.2K – $621.6K
NOI $37,296 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$815.1K
$713.2K – $950.9K
NOI $57,056 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sisco
Hair Salon
Pittsburgh Photo Booth ...
Clothing & Fashion Store
FAQs
What type of property is this?
Office units - High-visibility commercial space in a sought-after Monroeville location.
Where is this office units located?
The property is located at 4351 Old William Penn Hwy Monroeville, PA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: High‑visibility location in a sought‑after Monroeville area with high traffic.; 3200 sq ft of well‑maintained space across two levels suitable for various business types (salon, spa, medical, retail, etc.).; Ample parking with over 30 spaces, plus a two‑car detached garage.
