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Mixed-Use Retail and Office Buildings

1147 S Main St Mansfield, PA 16933

1147 S Main St, Mansfield, PA, 16933
$399,000
For Sale
Claim this Listing
$399,000

COMMERCIAL - Mansfield, PA

Property Size3,221 SF
Lot Size0.51 Acres
Price / SF$123.87
AddedJul 7
Days on Market9
Last RefreshJul 15 at 3:06 pm

Property Features for 1147 S Main St

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
Standard status
Active
Size
3,221 SF
Lot size
0.51 Acres

Taxes and HOA fees

Tax Description
2 Buildings on property.

Building Details

Year built
1970

Listing agent Shannon Clark

Listing office Century 21 Jackson Real Estate - Towanda 1239 Golden Mile Rd Suite 104, Towanda, PA

Listing date Jul 7, 2026

MLS# 31727763

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 two-building mixed-use property includes a two-story building with street-level retail or service space and a separate entrance to the upper level, which can support professional offices, owner occupancy, or additional rental income. The second building is currently leased and features an open floor plan with two restrooms, offering ongoing income potential. Private parking is available on-site.

Located at 1147 S Main St in Mansfield, PA 16933, the property is positioned directly in front of Walmart and is described as about a mile from the I-99 interchange, providing convenient access and strong visibility for a variety of business uses.

Overall, the configuration supports multiple income opportunities across the two buildings, with adaptable space options for retail, service, or office use based on how an occupant plans to utilize the upper-level entrance.

Key Highlights

  • Two‑building mixed‑use commercial property with private parking
  • Two‑story building: street‑level retail or service space, plus separate entrance to upper level
  • Second building is currently leased with an open floor plan and two restrooms

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $58.0k $18.00
− Vacancy −$5.8k −$1.80
EGI $52.2k $16.20
− OpEx −$19.6k −$6.07
NOI $32.6k $10.13
3,221 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$465.9K
$407.7K – $543.6K (±1% cap)
NOI $32,613 @ 7.0% cap · market cap 8.17%
Second Best
Office B
$414.1K
$362.4K – $483.2K (±1% cap)
NOI $28,989 @ 7.0% cap · market cap 7.27%
Theoretical Best
Healthcare Medical
$548.7K
$480.1K – $640.1K (±1% cap)
NOI $38,408 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Building Supply Electrical Service Auto Parts Store Locksmith Storage Facility Bakery (Bike/Boat/Book/etc) Store Hair Salon Computer & Electronic Repair Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Two-building property with street-level space, upstairs offices, and a leased second building with an open floor plan.
Where is this mixed-use property located?
The property is located at 1147 S Main St Mansfield, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑building mixed‑use commercial property with private parking; Two‑story building: street‑level retail or service space, plus separate entrance to upper level; Second building is currently leased with an open floor plan and two restrooms
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