402 WILLOW Street Highspire, PA 17034
BusinessOpportunity - HIGHSPIRE, PA
Property Features for 402 WILLOW Street
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking
- 9
- Parking features
- Parking Lot, Secured, Special Needs
- Standard status
- Active
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4200
Utilities
- Heating system
- Zoned, Other (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Building materials
- Block
Listing agent Eugene Prentice License #RS357211 (347) 356-5321
Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA (888) 397-7352
Listing date Jul 1, 2026
Copyright © 2026 Bright 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.
The property also includes nine exterior parking spaces. The offering includes both real estate and business assets, with financial information available to qualified buyers.
The location supports a broad retail mix listed for the operation, including clothing, food, snacks, beverages, tobacco products, ATMs, lottery tickets, Pennsylvania Skill games, and U-Haul services.
Key Highlights
- SK Mini Mart retail property with approx. 1,700 SF of interior space on a 0.09‑acre lot
- Includes real estate and business assets; financial information available to qualified buyers
- Block construction with central air and zoned/forced‑air heating
Local Financial Insights For Retail
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 | $25.5k | $15.00 |
| − Vacancy | −$1.1k | −$0.68 |
| EGI | $24.4k | $14.33 |
| − OpEx | −$7.3k | −$4.30 |
| NOI | $17.0k | $10.03 |
