Automotive Garage with Office
2473 N Center Avenue Somerset, PA 15501
2473 N Center Avenue, Somerset, PA, 15501
$899,000
For Sale
$899,000
SINGLE_FAMILY - Somerset, PA
Property Size6,000 SF
Lot Size6.34 Acres
Price / SF$149.83
Days on Market104
Property Features for 2473 N Center Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- NZ
- Parking
- 20
- Standard status
- Active
- Lot size
- 6.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6170
Building Details
- Year built
- 1991
Listing Agency
REALTY ONE GROUP LANDMARK
(814) 483-8467
101 W Main Street, Indiana, PA
Listed by
Lee Hoffman
(814) 290-7564
Added: Apr 6 Checked: Jul 18 at 11:06 am
MLS# 1746837
Copyright © 2026 West Penn Multi List, Inc. 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 6,000-square-foot building is currently operating as a high-performance automotive business and is maintained for that use. The property includes a 4-bay garage configuration along with dedicated office space, as well as offices and break room areas.
The site is situated on a 6.3-acre parcel that extends to the rear of the property. The land is described as mainly level and is presently used for additional parking. Zoning is listed as NZ.
The layout supports automotive and light commercial operations that need both repair/service space and on-site administrative space. The existing building can be continued for its current purpose, while the combination of a developed garage facility and level additional land also offers flexibility for other business pursuits and possible further development, depending on intended use and zoning requirements.
The site is situated on a 6.3-acre parcel that extends to the rear of the property. The land is described as mainly level and is presently used for additional parking. Zoning is listed as NZ.
The layout supports automotive and light commercial operations that need both repair/service space and on-site administrative space. The existing building can be continued for its current purpose, while the combination of a developed garage facility and level additional land also offers flexibility for other business pursuits and possible further development, depending on intended use and zoning requirements.
Key Highlights
- Large 6,000 sq ft building suitable for various business uses.
- Substantial 6.3‑acre parcel with development potential.
- Well‑maintained 4‑bay garage.
Local Financial Insights For Industrial
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 | $53.0k | $8.83 |
| − Vacancy | −$3.0k | −$0.49 |
| EGI | $50.0k | $8.34 |
| − OpEx | −$15.0k | −$2.50 |
| NOI | $35.0k | $5.83 |
6,000 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.14M
NOI $128,512 @ 7.0% cap · market cap 14.29%
Second Best
Office B
$1.51M
$1.32M – $1.76M
NOI $105,851 @ 7.0% cap · market cap 11.77%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,056 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rhodes Performance Machine
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Cadillac Service Center — 2006 N Ctr Ave, Somerset, PA 15501
- Body Shop - Memorial Highway Chevrolet of Somerset — 2006 N Ctr Ave, Somerset, PA 15501
- Kenny Ross Chevrolet Service Center — 2006 n center ave suite a, somerset, pa 15501
- Walmart Auto Care Centers — 2028 N Ctr Ave, Somerset, PA 15501
FAQs
What type of property is this?
Auto shop - Meticulously maintained 4-bay automotive garage with office and break areas, plus level land for additional parking and development.
Where is this auto shop located?
The property is located at 2473 N Center Avenue Somerset, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Large 6,000 sq ft building suitable for various business uses.; Substantial 6.3‑acre parcel with development potential.; Well‑maintained 4‑bay garage.
