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Mixed-Use Building with Parking
For Sale
$349,000

1001 Old Berwick Rd, Bloomsburg, PA 17815

Four-unit mixed-use building with on-site parking.

Property Size4,050 SF
Price / SF$86.17
Days on Market145

Property Features for 1001 Old Berwick Rd

General Information

Standard status Active
Size 4,050 SF

Taxes and HOA fees

Annual Taxes $4,537
Listing Agency: CENTURY 21 COVERED BRIDGES REALTY
Listed By: SUSAN L BARCHIK
Source: Exprealty
Added: May 18 Changed: Oct 4 Last Checked: Oct 7 at 1:03PM

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 CENTURY 21 COVERED BRIDGES REALTY

Investment Insights

Based on property information with market context.

This well-kept mixed-use building features two one-bedroom apartments and two commercial units. The commercial units are ideally suited for professional or personal-care services. The property includes 16 on-site parking spaces and offers strong visibility in a convenient location. This property presents an excellent investment opportunity with flexible use and solid income potential. The building has a size of 4050 square feet.

Key Highlights

  • 4‑unit mixed‑use building featuring two 1‑bedroom apartments and two commercial units.
  • 16 on‑site parking spaces provide ample parking.
  • Strong visibility in a high‑exposure location.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,688
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,760 $433.8K
Cap Rate 7%
$309,829 $309.8K
Cap Rate 9%
$240,978 $241.0K
Market Conditions
NOI Build-Up for 4,050 SF
Gross rent
$36.5K $9.00/SF
− Vacancy
−$1.7K −$0.43/SF
EGI
$34.7K $8.57/SF
− OpEx
−$13.0K −$3.21/SF
NOI
$21.7K $5.35/SF
Area
Columbia County, PA
Vacancy
4.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,760
Cap Rate 7%
$309,829
Cap Rate 9%
$240,978

Alternative Uses

Best Use
Multifamily LT 5
$687.8K
$601.8K – $802.5K (±1% cap)
NOI $48,147 @ 7.0% cap · market cap 13.80%
Second Best
Apartment 5plus
$611.9K
$535.5K – $713.9K (±1% cap)
NOI $42,836 @ 7.0% cap · market cap 12.27%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $95,052 @ 7.0% cap · market cap 27.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Dr. Aldo J. ... Physician Oxymed Homecare Corporation Home Health Care Service Suraci And Srinivasan Urologic Physician

Suggested Use

Top Pick Law Firm Furniture & Home Goods Barber Shop Real Estate Agency Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 17815, PA

28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-unit mixed-use building with on-site parking.
Where is this mixed-use property located?
The property is located at 1001 Old Berwick Rd Bloomsburg, PA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 4‑unit mixed‑use building featuring two 1‑bedroom apartments and two commercial units.; 16 on‑site parking spaces provide ample parking.; Strong visibility in a high‑exposure location.
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