Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pottsville Mixed-Use Investment Opportunity Title is generated by Realmo AI

    701 W MARKET Street, Pottsville, PA 17901

    View on Map
    Claim this Listing
    For Sale
    $274,900

    MULTI_FAMILY - POTTSVILLE, PA

    Property size:
    4,000 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $68/SF
    Added:
    Sep 17, 2024
    Days on Market:
    603
    Last Refresh:
    May 12 at 9:06 am

    Property Features for 701 W MARKET Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Off Street, Parking Lot, On Street
    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1841

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1900
    Number of units
    3

    We can help!

    Listing Contact
    William Primeau
    William Primeau

    Listing agent William Primeau License #RS337743

    Listing office Ramus Realty Group 35 Sillyman Street, Pottsville, PA

    Listing date Sep 17, 2024

    MLS# PASK2017660 Listing URL

    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.

    HighLights

    • Three‑unit building offering diverse income potential with a commercial space and two apartments.
    • Includes a commercial unit, providing opportunity for business operation or rental income.
    • Two apartments in the rear: a spacious 3‑bedroom and a comfortable 2‑bedroom.
    • Features both gas and electric heating systems.
    • Off‑street parking available in addition to on‑street parking.
    • Located in Pottsville.

    Overview

    This property in Pottsville, Pennsylvania, is a three-unit building featuring a multi-room commercial space with one bathroom at the front. The rear of the building contains two apartments: one with three bedrooms and one bathroom, and another with two bedrooms and one bathroom. The building is equipped with both gas and electric heat. Two of the three units are currently tenant-occupied. The property, with a total size of 4000 square feet and situated on a 0.08-acre lot, is being sold as-is and is suitable for cash sales only. The property is located at 701 W MARKET Street, POTTSVILLE, PA 17901.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pottsville
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -76.200769
    Latitude
    40.683078

    Nearby Similar for Sale

    • $139,000

      Pottsville Commercial Building on Route 209

      High-visibility commercial building with versatile layout and warehouse space.
      1413 W MARKET Street, POTTSVILLE, PA 17901
      View Details
    • $159,900
      2,200 SF

      Two-Unit Building with Garage

      Two-unit building with garage and ample storage in Pottsville, PA.
      2042 MAHANTONGO Street, POTTSVILLE, PA 17901
      View Details
    • $495,000
      5,700 SF

      Leased Medical Office Investment Opportunity

      Fully leased medical office space with long-term tenant.
      206 SCHUYLKILL MEDICAL PLAZA, SUITE 206, POTTSVILLE, PA 17901
      View Details
    • $525,000
      9,800 SF

      Leased Office/Medical Building For Sale

      Fully leased office/medical building in downtown Pottsville, Pennsylvania.
      91 PROGRESS AVENUE, POTTSVILLE, PA 17901
      View Details
    • $1,749,000
      6,000 SF

      Retail Building on Gordon Nagle

      Retail property with long-term tenants and vacant building for lease.
      850 & 870 GORDON NAGLE TRAIL, POTTSVILLE, PA 17901
      View Details
    • $450,000

      Versatile Commercial Building with Parking

      Well-maintained commercial building with parking and potential for multiple uses.
      2075 W NORWEGIAN STREET, POTTSVILLE, PA 17901
      View Details
    • $265,900

      Pottsville Restaurant with Liquor License

      Restaurant for sale in Pottsville with a liquor license.
      114 E Norwegian St, Pottsville, PA 17901
      View Details
    • $265,900
      1,386 SF

      Pottsville Bar with Liquor License

      Historic Pottsville bar for sale with a liquor license.
      114 E Norwegian St, Pottsville, PA 17901
      View Details
    • Contact for pricing
      2,750 SF

      Pottsville Office/Medical Condo For Sale

      2,750 SF move-in ready condo ideal for medical or office.
      100 Schuylkill Medical Plaza, Pottsville, PA, 17901
      View Details
    • $1,749,000

      Retail Opportunity in Pottsville, PA

      10,500 SF GLA retail property for sale.
      850 & 870 GORDON NAGLE Trail, POTTSVILLE, PA 17901
      View Details
    • $995,000
      15,100 SF

      Former Auto Dealership on Highway

      15,100 SF former auto dealership on 8.46 acres.
      440 N. Claude A Lord Blvd. (PA-61), Pottsville, PA 17901
      View Details
    • $324,900
      4,452 SF

      Pottsville Apartment Building with Parking

      Five-unit apartment building with private parking and strong rental income.
      716 - 718 W MARKET Street, POTTSVILLE, PA 17901
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Three-unit building with commercial space and two apartments in Pottsville.
    Where is this mixed-use property located?
    The property is located at 701 W MARKET Street Pottsville, PA.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: Three‑unit building offering diverse income potential with a commercial space and two apartments.; Includes a commercial unit, providing opportunity for business operation or rental income.; Two apartments in the rear: a spacious 3‑bedroom and a comfortable 2‑bedroom.
    (570) 728-0186
    We can help!
    Listing Contact
    William Primeau
    William Primeau
    Real Estate License ID: RS337743
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    701 W MARKET Street, POTTSVILLE, PA 17901
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!