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    Two-Story Office Building with Parking Title is generated by Realmo AI

    439 S Maple Ave City of, Greensburg, PA 15601

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    For Sale
    $165,000

    Office - City of Greensburg, PA

    Type:Office
    Lot size:
    0.06 Acres
    Added:
    Oct 26, 2025
    Days on Market:
    223
    Last Refresh:
    Jun 5 at 8:06 pm

    Property Features for 439 S Maple Ave City of

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    C2
    Parking
    4
    Standard status
    Active
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    640

    Building Details

    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Dan Howell | Joel Peretic

    Listing agent Dan Howell | Joel Peretic

    Listing office COLDWELL BANKER REALTY 8711 State Route 30, Pittsburgh, PA

    Listing date Oct 26, 2025

    MLS# 1727218 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

    • Prime downtown Greensburg location on South Maple offering ultimate convenience and incredible access.
    • New roof and updated heating system providing immediate peace of mind.
    • Abundance of office space with 6 rooms across two floors offering many possibilities.
    • Adjoining gravel lot and multi‑car drive at the back of the building providing plenty of parking.
    • Genuine hardwood floors and massive windows creating a grand first impression.
    • Two bathrooms and generous storage area in the basement.

    Overview

    This two-story office building offers multiple interior options with three spacious downstairs rooms and an additional back mud room. Upstairs, there are three more rooms, along with a large second-floor bathroom. The basement includes a generous storage area, and the building also features two baths. Large windows and hardwood floors are present throughout, and there is a rear entry for added convenience.

    The property is located at 439 S Maple Ave in the City of Greensburg, with access from a multi-car drive at the back of the building. An adjoining gravel lot adds workable outdoor space. The building also benefits from a new roof and an updated heating system.

    This configuration can fit a range of office users that need separate rooms across two levels while maintaining practical back-of-house flow with the mud room and rear entry. With updated building systems and on-site rear parking access, it may also appeal to buyers looking to establish or relocate an office operation in a downtown setting under C2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office 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
    Greensburg
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.542322
    Latitude
    40.298393

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    FAQs

    What type of property is this?
    Office building - Flexible two-level layout with updated roof and heating, plus rear multi-car drive for parking.
    Where is this office building located?
    The property is located at 439 S Maple Ave City of Greensburg, PA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Prime downtown Greensburg location on South Maple offering ultimate convenience and incredible access.; New roof and updated heating system providing immediate peace of mind.; Abundance of office space with 6 rooms across two floors offering many possibilities.
    (724) 864-2121
    We can help!
    Listing Contact
    Dan Howell | Joel Peretic
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    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.

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