Office
For Sale
Contact for pricing
502 South 2nd Street, Saint Clair, PA 17970
Office building for sale at 502 South 2nd Street in Saint Clair, PA.
Property Size11,200 SF
Price / SF$164
Days on Market96
Property Features for 502 South 2nd Street
General Information
Standard status
Active
Size
11,200 SF
Property subtype
OFFICE
Listing Agency:
Matthews Real Estate Investments Services | New York
(818) 522-4497
Listed By:
Michael Moreno · License #180759(OK)
(818) 522-4497
Source:
Moodyscre
Added: Apr 28
Changed: Jul 30
Last Checked: Jul 31 at 11:00AM
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 Matthews Real Estate Investments Services | New York
Investment Insights
Based on property information with market context.
This office building is offered for sale. The property contains 11,200 square feet and is suited for a tenant seeking dedicated office space within a single building footprint.
The address is 502 South 2nd Street, Saint Clair, PA 17970, providing a straightforward location for office operations. Any buyer or tenant can evaluate the layout and configuration onsite to determine how the space can best support their business needs.
The address is 502 South 2nd Street, Saint Clair, PA 17970, providing a straightforward location for office operations. Any buyer or tenant can evaluate the layout and configuration onsite to determine how the space can best support their business needs.
Key Highlights
- 11,200 SF office building
- For sale
- 502 South 2nd Street, Saint Clair, PA 17970
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 | $252.7k | $22.56 |
| − Vacancy | −$61.9k | −$5.53 |
| EGI | $190.8k | $17.03 |
| − OpEx | −$47.7k | −$4.26 |
| NOI | $143.1k | $12.77 |
11,200 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.04M
$1.79M – $2.38M
NOI $143,076 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.12M – $4.16M
NOI $249,687 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Explore this area
Business Placement
Demographics for 17970, PA
2,949
Population
1,831
Households
1.6
Avg Household Size
46
Median Age
17%
College-Educated
94%
High-School Grad
1.3 sq mi
ZIP Area
2,268
Density / Sq Mi
$61,726
Median Household Income
$37,063
Median Earnings
$887
Median Rent
$71,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building for sale at 502 South 2nd Street in Saint Clair, PA.
Where is this office building located?
The property is located at 502 South 2nd Street Saint Clair, PA.
What is the asking price?
The asking price for this property is $1,836,800.
What are key features of this property?
This property features: 11,200 SF office building; For sale; 502 South 2nd Street, Saint Clair, PA 17970
