Renovated Furnished Office
For Sale
$375,000
750 Washington Rd, Mt Lebanon, PA 15228
Three lower-level office condos provide furnished workspace with private exterior entrances and a professional built-out layout.
Property Size2,147 SF
Price / SF$174.66
Days on Market72
Property Features for 750 Washington Rd
General Information
Standard status
Active
Size
2,147 SF
Property subtype
Residential Income
Space & Availability
Floor
Lower Level
Furnished
Yes
Additional Details
Public Transit
Yes
Office Units
3
Taxes and HOA fees
Annual Taxes
$10,279
Building Details
Year Renovated
2019
Buildings
1
Listing Agency:
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By:
Robert Dini
(412) 833-7700
Source:
Exprealty
Added: Jul 28
Changed: Oct 4
Last Checked: Oct 5 at 11:48PM
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 BERKSHIRE HATHAWAY THE PREFERRED REALTY
Investment Insights
Based on property information with market context.
This offering combines three office condominium units totaling approximately 2147 square feet on the lower level of Washington Square Condominium. The space was renovated in 2018-19 and remains furnished, with a reception area, five private offices, a 13X13 conference room, two updated accessible bathrooms, and a 25x10 open workspace. A kitchenette includes granite counters, refrigerator, dishwasher, microwave oven, and soft-close cabinetry. Additional storage and a rear 24x19 flex area expand the usable configuration. The interior includes hardwood flooring across most areas, built-in reception millwork, and shiplap accents. Three heat pump HVAC units are regularly serviced, and the property has been fully rewired.
The office condos have exterior entrances at the front right of the building and sit next to the Mt Lebanon parking garage. The Uptown Business District setting provides access to nearby dining, the PRT subway stop, and a bus line. The layout is identified as suitable for medical, legal, accounting, or other professional office use.
The office condos have exterior entrances at the front right of the building and sit next to the Mt Lebanon parking garage. The Uptown Business District setting provides access to nearby dining, the PRT subway stop, and a bus line. The layout is identified as suitable for medical, legal, accounting, or other professional office use.
Key Highlights
- Approximately 2147 square feet across 3 office condominium units
- Renovated in 2018‑19 and furnished throughout
- 5 private offices, 13X13 conference room, and 25x10 workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,427
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,540
$548.5K
Cap Rate 7%
$391,814
$391.8K
Cap Rate 9%
$304,744
$304.7K
Market Conditions
NOI Build-Up for 2,147 SF
Gross rent
$48.4K $22.56/SF
− Vacancy
−$11.9K −$5.53/SF
EGI
$36.6K $17.03/SF
− OpEx
−$9.1K −$4.26/SF
NOI
$27.4K $12.77/SF
Area
Pittsburgh, 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%
$548,540
Cap Rate 7%
$391,814
Cap Rate 9%
$304,744
Alternative Uses
Best Use
Office B
$391.8K
$342.8K – $457.1K
NOI $27,427 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$683.8K
$598.3K – $797.7K
NOI $47,864 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
Explore this area
Business Placement
Demographics for 15228, PA
18,110
Population
7,776
Households
2.3
Avg Household Size
41
Median Age
67%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
5,659
Density / Sq Mi
$131,087
Median Household Income
$70,899
Median Earnings
$1,130
Median Rent
$363,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Three lower-level office condos provide furnished workspace with private exterior entrances and a professional built-out layout.
Where is this office units located?
The property is located at 750 Washington Rd Mt Lebanon, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 2147 square feet across 3 office condominium units; Renovated in 2018‑19 and furnished throughout; 5 private offices, 13X13 conference room, and 25x10 workspace
