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367 Broad St Waverly, NY 14892

For Sale
$625,000

Commercial Sale - Waverly, NY

Lot size:
0.11 Acres
Days on Market:
14
Last Refresh:
Dec 13 at 12:06 pm

Property Features for 367 Broad St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
Bathrooms
5
Lot size
0.11 Acres

Utilities

Heating system
Electric (Heating), Natural Gas
Cooling system
Central Air

Building Details

Year built
1900
Building materials
Brick, Metal Siding
Roof type
Rubber
Architectural style
Other

Howard Hanna Realty Pioneers - Sayre (570) 731-0009

Listing agent Darel Smith Jr. (570) 731-0009

Listing date Nov 30, 2025

MLS# 31722810 Listing URL

Copyright © 2025 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.


Overview

Waverly Mixed-Use Investment Opportunity

Located in the heart of Waverly's business district, this mixed-use building presents an investment opportunity. The property features 6 units: 1 commercial restaurant, 4 residential apartments, and 1 vacant unit. The vacant unit has a kitchen and bathroom and could be converted to a 1-bed, 1-bath apartment for additional income. All current units are occupied, generating cash flow. The exterior has been remodeled. The property offers laundry income, low operating expenses, and upside potential. Situated on a high-visibility corridor, the location sees approximately 17,460 vehicles per day. The building has 9,643 square feet and is located on a lot of 0.11 acres. The property offers a 9.48% cap rate and $59,232 in NOI. Financing a 20-year 5/1 ARM with 25% down yields an 8.91% COC return. The location offers potential for growth and long-term value.
Location Intelligence

Current Use by Public Records

Lisa's Place Hamburger Restaurant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Waverly
County
Tioga
State
New York
Longitude
-76.5389108
Latitude
42.0013262

FAQs

What type of property is this?
Mixed-use property - High-performing mixed-use building with strong cash flow and upside potential.
Where is this mixed-use property located?
The property is located at 367 Broad St Waverly, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: - High-performing mixed-use building with **strong cash flow** from 6 units.; - Excellent investment opportunity with a **9.48% cap rate** and $59,232 NOI.; - Located in the heart of Waverly's business district on a high visibility corridor (17,460 vehicles per day).
More about this property
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