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132 S Main St 12,000 SF 93% Leased Office Building Greensburg, PA 15601 $850,000 ($70.83/SF) 10% Cap Rate
EXECUTIVE SUMMARY
A prominent 4 story mixed use building located on Greensburg's primary commercial corridor. Featuring 12,000 +/- square feet with high ceilings, historic character, and unmatched visibility, 132 South Main St. offers a versatile opportunity for investors or owner users seeking a presence in the core of downtown Greensburg. Strong surrounding amenities and ongoing Downtown revitalization support, long-term growth in value creation.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$105,980
|
$8.83
|
| Other Income |
$2,000
|
$0.17
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$107,980
|
$9.00
|
| Taxes |
$10,500
|
$0.88
|
| Operating Expenses |
$12,481
|
$1.04
|
| Total Expenses |
$22,981
|
$1.92
|
| Net Operating Income |
$84,999
|
$7.08
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $105,980 |
| Annual Per SF | $8.83 |
| Other Income | |
|---|---|
| Annual | $2,000 |
| Annual Per SF | $0.17 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $107,980 |
| Annual Per SF | $9.00 |
| Taxes | |
|---|---|
| Annual | $10,500 |
| Annual Per SF | $0.88 |
| Operating Expenses | |
|---|---|
| Annual | $12,481 |
| Annual Per SF | $1.04 |
| Total Expenses | |
|---|---|
| Annual | $22,981 |
| Annual Per SF | $1.92 |
| Net Operating Income | |
|---|---|
| Annual | $84,999 |
| Annual Per SF | $7.08 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
12,000 SF
Building Class
B
Year Built
1950
Price
$850,000
Price Per SF
$70.83
Cap Rate
10%
NOI
$85,000
Percent Leased
93%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,000 SF
Building FAR
0.29
Lot Size
0.94 AC
Zoning
C-2 - Designed for commercial activity that allows for a wide range of retail, restaurant, office, service, entertainment, and mixed-use buildings.
AMENITIES
- Bus Line
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 10-04-03-2-004 | Total Assessment | $76,460 |
| Land Assessment | $61,280 | Annual Taxes | $10,500 ($0.88/SF) |
| Improvements Assessment | $15,180 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
10-04-03-2-004
Land Assessment
$61,280
Improvements Assessment
$15,180
Total Assessment
$76,460
Annual Taxes
$10,500 ($0.88/SF)
Tax Year
2025
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132 S Main St
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