Warehouse-Manufacturing
For Sale
$800,000
1019 N Vine Street, Berwick, PA 18603
10,000± SF warehouse/manufacturing building includes 8,000± SF manufacturing with 2,000± SF office and dock and drive-in access.
Property Size10,000 SF
Lot Size1.40 Acres
Price / SF$80
Days on Market93
Property Features for 1019 N Vine Street
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.40 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
1
Drive-In Doors
1
Heavy Power
Yes
Building Details
Building Size
10,000 SF
Listed By:
David Weaver, SIOR
(570) 406-7428
Source:
Naimertz
Added: Jul 18
Changed: Oct 4
Last Checked: Oct 16 at 6:00AM
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 David Weaver, SIOR
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Investment Insights
Based on property information with market context.
This 10,000± SF warehouse/manufacturing facility sits on a 1.4± acre parcel. The building includes an 8,000± SF manufacturing area and a 2,000± SF office portion with a fully carpeted workspace and central air conditioning. Interior support areas include a lunch area between the manufacturing and office spaces, along with handicapped-equipped restrooms.
Warehouse and loading features include an 8’x9’ tailgate dock with electric operation, dock seals, and service provided by a scissors lift platform with a 5,000 lb capacity, as well as a 10’x12’ electric-operated drive-in door. Ceiling height under the eave is 20’.
The manufacturing area is heated by gas-fired infrared tube heaters and ventilated by three roof-mounted gravity ventilators. Fire protection includes a fire hose station. Utilities are listed as electric service from PP&L (600 amp, 3 phase 480/277 volts), water supplied by PAWC through an 8” service line, and gas from PG Energy. The property is approximately 6 miles from I-80.
Warehouse and loading features include an 8’x9’ tailgate dock with electric operation, dock seals, and service provided by a scissors lift platform with a 5,000 lb capacity, as well as a 10’x12’ electric-operated drive-in door. Ceiling height under the eave is 20’.
The manufacturing area is heated by gas-fired infrared tube heaters and ventilated by three roof-mounted gravity ventilators. Fire protection includes a fire hose station. Utilities are listed as electric service from PP&L (600 amp, 3 phase 480/277 volts), water supplied by PAWC through an 8” service line, and gas from PG Energy. The property is approximately 6 miles from I-80.
Key Highlights
- 10,000± SF warehouse/manufacturing facility on a 1.4± acre parcel, including 8,000± SF manufacturing and 2,000± SF office
- Ceiling height under eave is 20′; building dimensions are 125′ x 80′
- Dock access: one 8′ x 9′ electrically operated tailgate dock with dock seals and a scissors lift platform (5,000 lb capacity)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,960
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,200
$1.4M
Cap Rate 7%
$1,013,714
$1.0M
Cap Rate 9%
$788,444
$788.4K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$87.6K $8.76/SF
− Vacancy
−$4.1K −$0.41/SF
EGI
$83.5K $8.35/SF
− OpEx
−$12.5K −$1.25/SF
NOI
$71.0K $7.10/SF
Area
Columbia County, PA
Vacancy
4.70%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,200
Cap Rate 7%
$1,013,714
Cap Rate 9%
$788,444
Alternative Uses
Best Use
Warehouse
$1.01M
$887.0K – $1.18M
NOI $70,960 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$834.8K
$730.5K – $974.0K
NOI $58,438 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$3.35M
$2.93M – $3.91M
NOI $234,696 @ 7.0% cap · market cap 29.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
20 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18603, PA
18,728
Population
9,235
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
53.4 sq mi
ZIP Area
351
Density / Sq Mi
$55,969
Median Household Income
$40,323
Median Earnings
$789
Median Rent
$164,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - 10,000± SF warehouse/manufacturing building includes 8,000± SF manufacturing with 2,000± SF office and dock and drive-in access.
Where is this flex space located?
The property is located at 1019 N Vine Street Berwick, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 10,000± SF warehouse/manufacturing facility on a 1.4± acre parcel, including 8,000± SF manufacturing and 2,000± SF office; Ceiling height under eave is 20′; building dimensions are 125′ x 80′; Dock access: one 8′ x 9′ electrically operated tailgate dock with dock seals and a scissors lift platform (5,000 lb capacity)
