Flex Space with Large Overhead
For Sale
$250,000
Pending
4 E MAIN Street, Columbus, PA 16405
COMMERCIAL - Columbus, PA
Property Size3,168 SF
Lot Size4.25 Acres
Days on Market16
Property Features for 4 E MAIN Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Corry
Middle school district
Corry
High school district
Corry
Directions
East on Rt 6 thru Columbus at the Y take a left onto Rt 957 which is also Main street next to post office
Subdivision
38 - Columbus Twp/Columbus
Standard status
Pending
APN
00-000-000.0-000.00
Size
3,168 SF
Lot size
4.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1941
Expense value
2500
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1950
Building materials
Brick, Block
Listing Agency:
RE/MAX Real Estate Group East · RE/MAX International
(814) 898-3558
Listed By:
Karen Puckly · License #RS307603
(814) 664-0990
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 12 at 7:06AM
MLS# 192291
Copyright © 2026 Greater Erie Board of Realtors 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 flex space commercial building offers adaptable interior space with multiple office and meeting rooms for administrative work, client interactions, or team operations. In addition to the office areas, the property includes a heated storage or production area with a large overhead door for equipment, inventory, or shipping access. 3-phase electric supports light manufacturing, fabrication, or other business needs that benefit from higher-capacity power.
The building sits on 4.25 acres at 4 E Main Street in Columbus, PA (Warren County) and includes room for parking, outdoor storage, or future expansion. Construction materials are brick and block, and the property was built in 1950. Public water and public sewer are available.
Sale includes Parcel CY-371-462700-000. The property size is listed as 3,168 square feet, and the current room list includes one bathroom.
The building sits on 4.25 acres at 4 E Main Street in Columbus, PA (Warren County) and includes room for parking, outdoor storage, or future expansion. Construction materials are brick and block, and the property was built in 1950. Public water and public sewer are available.
Sale includes Parcel CY-371-462700-000. The property size is listed as 3,168 square feet, and the current room list includes one bathroom.
Key Highlights
- 4.25‑acre commercial property with 3,168 SF flex space building at 4 E Main Street, Columbus, PA 16405
- Heated storage or production area with a large overhead door for equipment, inventory, or shipping
- Multiple office and meeting rooms for administrative work, client interactions, or team operations
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
$22,446
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
8.98%
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%
$448,920
$448.9K
Cap Rate 7%
$320,657
$320.7K
Cap Rate 9%
$249,400
$249.4K
Market Conditions
NOI Build-Up for 3,168 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
$28.0K $8.83/SF
− Vacancy
−$1.6K −$0.49/SF
EGI
$26.4K $8.34/SF
− OpEx
−$4.0K −$1.25/SF
NOI
$22.4K $7.09/SF
Area
Warren County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
15.00%
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%
$448,920
Cap Rate 7%
$320,657
Cap Rate 9%
$249,400
Alternative Uses
Best Use
Office B
$525.4K
$459.8K – $613.0K
NOI $36,780 @ 7.0% cap · market cap 14.71%
Second Best
Warehouse
$320.7K
$280.6K – $374.1K
NOI $22,446 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$699.7K
$612.2K – $816.3K
NOI $48,977 @ 7.0% cap · market cap 19.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16405, PA
646
Population
256
Households
2.5
Avg Household Size
52
Median Age
9%
College-Educated
95%
High-School Grad
18.8 sq mi
ZIP Area
34
Density / Sq Mi
$55,938
Median Household Income
$40,625
Median Earnings
$109,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Flex space building with heated storage/production area, large overhead door, and 3-phase electric service.
Where is this flex space located?
The property is located at 4 E MAIN Street Columbus, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 4.25‑acre commercial property with 3,168 SF flex space building at 4 E Main Street, Columbus, PA 16405; Heated storage or production area with a large overhead door for equipment, inventory, or shipping; Multiple office and meeting rooms for administrative work, client interactions, or team operations
