Red Lion Retail
For Sale
Contact for pricing
1 N Main St, Red Lion, PA
Retail property with dedicated parking in downtown Red Lion.
Property Size6,800 SF
Lot Size0.50 Acres
Price / SF$69.85
Days on Market396
Property Features for 1 N Main St
General Information
Standard status
Active
Size
6,800 SF
Lot size
0.50 Acres
Property subtype
RETAIL
Listing Agency:
Colliers | Allentown
(484) 273-3567
Listed By:
Derek Zerfass · License #RS341713
(610) 657-8473
Source:
Moodyscre
Added: Jul 30, 2025
Changed: Aug 8
Last Checked: Aug 28 at 8:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Allentown
Investment Insights
Based on property information with market context.
This 6,800 square foot retail property is situated at a lighted intersection in downtown Red Lion, Pennsylvania. The well-constructed building benefits from BC Borough Center zoning and includes a dedicated parking lot with 22 parking spaces.
Key Highlights
- High quality, well‑constructed building.
- Dedicated parking lot with 22 parking spaces.
- Situated at a lighted intersection in downtown Red Lion.
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
$39,677
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
8.35%
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%
$793,540
$793.5K
Cap Rate 7%
$566,814
$566.8K
Cap Rate 9%
$440,856
$440.9K
Market Conditions
NOI Build-Up for 6,800 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
$60.0K $8.83/SF
− Vacancy
−$3.4K −$0.49/SF
EGI
$56.7K $8.34/SF
− OpEx
−$17.0K −$2.50/SF
NOI
$39.7K $5.83/SF
Area
York County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
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%
$793,540
Cap Rate 7%
$566,814
Cap Rate 9%
$440,856
Alternative Uses
Best Use
Retail
$1.16M
$1.01M – $1.35M
NOI $81,139 @ 7.0% cap · market cap 17.08%
Second Best
Industrial
$566.8K
$496.0K – $661.3K
NOI $39,677 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,819 @ 7.0% cap · market cap 29.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 14%
Rutters
Shops & Services
12,585 visits/mo
0.4 miles
Turkey Hill Minit Market
Shops & Services
5,813 visits/mo
0.4 miles
Golden Krust Caribbean Bakery and Grill
Dining
3,379 visits/mo
0.1 miles
Wells Fargo
Shops & Services
2,146 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail 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?
Storefront property - Retail property with dedicated parking in downtown Red Lion.
Where is this storefront property located?
The property is located at 1 N Main St Red Lion, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: High quality, well‑constructed building.; Dedicated parking lot with 22 parking spaces.; Situated at a lighted intersection in downtown Red Lion.
