Updated Storefront
For Sale
$144,900
107 W Main Street, Elkland, PA 16920
Commercial Sale, Elkland, PA
Property Size1,782 SF
Lot Size0.10 Acres
Price / SF$81.31
Days on Market40
Property Features for 107 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1
Elementary school district
Northern Tioga
Middle school district
Northern Tioga
High school district
Northern Tioga
Subdivision
Tioga
Standard status
Active
Size
1,782 SF
Lot size
0.10 Acres
Building Details
Year built
1890
Listing Agency:
Mountain Valley Realty, Inc.
(570) 723-8484
Listed By:
Victoria Murphy
(570) 439-0821
Added: Aug 4
Changed: Sep 4
Last Checked: Sep 11 at 11:06PM
MLS# 31727948
Copyright © 2026 Northern Mountains of Pennsylvania MLS. 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.
This storefront property contains 1,782 square feet within a 0.1-acre parcel in Elkland, Pennsylvania. The interior has been modernized and includes multiple rooms along with two bathrooms, providing a practical layout for commercial occupancy. Constructed in 1890, the building combines an established structure with updated interior improvements.
The property is located at 107 W Main Street in Elkland, with a central street address and a storefront-oriented configuration. The source information also identifies potential for a second-floor rental unit, although details regarding that area are not provided.
The property is located at 107 W Main Street in Elkland, with a central street address and a storefront-oriented configuration. The source information also identifies potential for a second-floor rental unit, although details regarding that area are not provided.
Key Highlights
- 1,782‑square‑foot storefront property
- Modernized interior with multiple rooms
- Two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,227
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$184,540
$184.5K
Cap Rate 7%
$131,814
$131.8K
Cap Rate 9%
$102,522
$102.5K
Market Conditions
NOI Build-Up for 1,782 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$14.3K $8.04/SF
− Vacancy
−$1.1K −$0.64/SF
EGI
$13.2K $7.40/SF
− OpEx
−$4.0K −$2.22/SF
NOI
$9.2K $5.18/SF
Area
Tioga County, PA
Vacancy
8.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$184,540
Cap Rate 7%
$131,814
Cap Rate 9%
$102,522
Alternative Uses
Best Use
Retail
$131.8K
$115.3K – $153.8K
NOI $9,227 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$303.6K
$265.6K – $354.2K
NOI $21,249 @ 7.0% cap · market cap 14.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 16920, PA
1,977
Population
880
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
96%
High-School Grad
9.5 sq mi
ZIP Area
208
Density / Sq Mi
$63,977
Median Household Income
$49,375
Median Earnings
$864
Median Rent
$136,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- The Rainbow Rose — 117 W Main St, Elkland, PA 16920
Frequently Asked Questions
What type of property is this?
Storefront property - The commercial building includes multiple rooms, two bathrooms, and an extensively modernized interior.
Where is this storefront property located?
The property is located at 107 W Main Street Elkland, PA.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: 1,782‑square‑foot storefront property; Modernized interior with multiple rooms; Two bathrooms
