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Westminster Office Complex 302 W Otterman St 9,000 SF 100% Leased Office Building Greensburg, PA 15601 $800,000 ($88.89/SF)



Investment Highlights
- 10,000 SF | Two-Story Professional Office Building
- 31 Parking Spaces (3.1/1,000 SF)
- R2 Zoning | Office & Residential Uses Permitted
- 26 Private Offices | 4 Conference Rooms | 2 Kitchens
- 1.67 Acres | Two Parcels Conveying Together
- New Roof (2024) | Transferable 20-Year Warranty
Executive Summary
Westminster Office Complex is a fully built-out, two-story professional office building available for sale at $800,000 ($80.00/SF) — a significant discount to replacement cost estimated at $2.3M–$3.6M. The property sits on 1.67 acres with 31 parking spaces and features 26 private offices, 4 conference rooms, 2 fully equipped kitchens, and ADA-compliant restrooms across two divisible 5,000 SF floors. New roof installed 2024 with a transferable 20-year warranty.
Built in 1994, the building is 100% vacant and available for immediate possession. R2 zoning permits both office and residential uses. Both parcels convey together: main building (1.54 ac) and adjacent parking lot (0.13 ac).
Ownership economics are compelling: all-in monthly cost of approximately $9,571 compares favorably to a market lease equivalent of $14,250/month for comparable space at $16/SF NNN — representing over $56,000 in annual savings. SBA 504 financing available with as little as 10% down for qualified owner-occupants.
Located in downtown Greensburg's professional services corridor, 0.5 miles from Westmoreland County Courthouse, 1.2 miles from Excela Health Westmoreland Hospital, and 35 miles from Pittsburgh CBD.
Built in 1994, the building is 100% vacant and available for immediate possession. R2 zoning permits both office and residential uses. Both parcels convey together: main building (1.54 ac) and adjacent parking lot (0.13 ac).
Ownership economics are compelling: all-in monthly cost of approximately $9,571 compares favorably to a market lease equivalent of $14,250/month for comparable space at $16/SF NNN — representing over $56,000 in annual savings. SBA 504 financing available with as little as 10% down for qualified owner-occupants.
Located in downtown Greensburg's professional services corridor, 0.5 miles from Westmoreland County Courthouse, 1.2 miles from Excela Health Westmoreland Hospital, and 35 miles from Pittsburgh CBD.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,000 SF
Building Class
C
Year Built
1994
Price
$800,000
Price Per SF
$88.89
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Building FAR
1.38
Lot Size
0.15 AC
Zoning
R2 & C2
Parking
29 Spaces (3.22 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 10-02-14-0-292 | Improvements Assessment | $87,060 |
| Land Assessment | $8,930 | Total Assessment | $95,990 |
Property Taxes
Parcel Number
10-02-14-0-292
Land Assessment
$8,930
Improvements Assessment
$87,060
Total Assessment
$95,990
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Contact the Sale Advisor
Westminster Office Complex | 302 W Otterman St
