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Williamsburg Place Office Building 244 Center Rd 17,100 SF 92% Leased Office Building Monroeville, PA 15146 $1,400,000 ($81.87/SF) 8% Cap Rate
Investment Highlights
- Prime Monroeville location with excellent exposure.
- Generous on-site parking for tenants and visitors.
- Flexible interior suites for diverse uses.
- Immediate access to Route 22, PA Turnpike, and Parkway East.
Executive Summary
Unlock exceptional potential at 244 Center Road, a prominently positioned commercial property in a high-visibility, high-traffic location. This versatile building offers a high potential for owner-users and investors alike, with flexible space ideal for retail, office, medical, or service-oriented businesses. Boasting excellent frontage, ample parking, and convenient access to major roadways, the property is strategically situated to serve a strong surrounding residential and commercial customer base. If you’re looking to establish and expand your portfolio, 244 Center Road offers the visibility, access, and adaptability to meet your goals. Don’t miss this opportunity to invest in property with long-term upside in a growing market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
17,100 SF
Building Class
B
Year Built/Renovated
1990/1998
Price
$1,400,000
Price Per SF
$81.87
Cap Rate
8%
NOI
$112,000
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,700 SF
Slab To Slab
11’
Building FAR
0.37
Lot Size
1.07 AC
Parking
76 Spaces (4.44 Spaces per 1,000 SF Leased)
Amenities
- Awning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 3rd Fl-Ste 303
- 1,454 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 3rd Fl-Ste 303 | 1,454 SF | Office | Full Build-Out | Now |
3rd Fl-Ste 303
| Size |
| 1,454 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0743-D-00012-0000-00 | Improvements Assessment | $465,250 |
| Land Assessment | $161,500 | Total Assessment | $626,750 |
Property Taxes
Parcel Number
0743-D-00012-0000-00
Land Assessment
$161,500
Improvements Assessment
$465,250
Total Assessment
$626,750
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