Flex Space with
For Sale
$480,000
70 South St City of, Washington, PA 15301
CommercialSale, City of Washington, PA
Property Size5,666 SF
Lot Size0.50 Acres
Price / SF$84.72
Days on Market96
Property Features for 70 South St City of
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Devel
Zoning description
Devel
Parking
12
Directions
South Main St to Left on South St Property on the right at end of the street.
Subdivision
City of Washington
Standard status
Active
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
11878
Building Details
Year built
1950
Building materials
VinylSiding
Listing Agency:
Keller Williams Realty
(724) 941-9400
Listed By:
Doug Burig · License #AB061392L
(412) 997-3249
Added: Jul 7
Changed: Oct 8
Last Checked: Oct 10 at 10:06AM
MLS# 1763541
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.
Investment Insights
Based on property information with market context.
At 70 South St, this flex property contains approximately 5,666 square feet, divided between 4,016 square feet of office space and 1,650 square feet of warehouse and garage area. The office portion includes nine private offices, two conference rooms, and two restrooms. The building dates to 1950 and has vinyl siding.
The site encompasses 0.4971 acres and has 135 feet of road frontage. Parking includes 12 paved spaces off street, with additional on-street parking. Zoning is designated Devel.
The site encompasses 0.4971 acres and has 135 feet of road frontage. Parking includes 12 paved spaces off street, with additional on-street parking. Zoning is designated Devel.
Key Highlights
- Approximately 5,666 square feet total: 4,016 square feet of office and 1,650 square feet of warehouse/garage
- Nine private offices, two conference rooms, and two restrooms
- 135 feet of road frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,552
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,040
$851.0K
Cap Rate 7%
$607,886
$607.9K
Cap Rate 9%
$472,800
$472.8K
Market Conditions
NOI Build-Up for 5,666 SF
Gross rent
$53.7K $9.48/SF
− Vacancy
−$3.7K −$0.64/SF
EGI
$50.1K $8.84/SF
− OpEx
−$7.5K −$1.33/SF
NOI
$42.6K $7.51/SF
Area
Washington County, PA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,040
Cap Rate 7%
$607,886
Cap Rate 9%
$472,800
Alternative Uses
Best Use
Office B
$1.03M
$904.8K – $1.21M
NOI $72,381 @ 7.0% cap · market cap 15.08%
Second Best
Warehouse
$607.9K
$531.9K – $709.2K
NOI $42,552 @ 7.0% cap · market cap 8.87%
Theoretical Best
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,212 @ 7.0% cap · market cap 25.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15301, PA
48,963
Population
24,001
Households
2
Avg Household Size
45
Median Age
27%
College-Educated
92%
High-School Grad
122.0 sq mi
ZIP Area
401
Density / Sq Mi
$69,275
Median Household Income
$43,546
Median Earnings
$927
Median Rent
$205,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - A mixed office and garage layout includes private offices, meeting rooms, and on-site parking.
Where is this flex space located?
The property is located at 70 South St City of Washington, PA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Approximately 5,666 square feet total: 4,016 square feet of office and 1,650 square feet of warehouse/garage; Nine private offices, two conference rooms, and two restrooms; 135 feet of road frontage
