Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    700 Centre St Pottsville, PA 17901

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $375,000

    Versatile building, large lot, high ceilings.

    Property size:
    3,664 SF

    Property Features for 700 Centre St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,664 SF
    Lot Size
    31,363 SF

    Building Details

    Year Built
    1953

    We can help!

    Listing Contact
    Eric R Seitzinger
    Eric R Seitzinger

    Listing Agency: Berkshire Hathaway HomeServices Homesale Realty Listing Agent: Eric R Seitzinger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property at 700 N Centre Street, Pottsville, PA, presents a unique investment opportunity. Situated on a 0.72-acre corner lot in a C-4 commercial zone, this free-standing building offers significant versatility. The property comprises two distinct sections. The first, a 40' x 50' block structure built in 1981, features a 14' garage door, impressive 16' ceilings, and a finished 600+ square foot loft area. A finished office space with direct exterior access adds to its functionality. The second section measures 40' x 26', boasting 15' ceilings and a 12' garage door. Both sections are heated, providing year-round comfort. A substantial paved parking area is already in place, with ample room for expansion, potentially accommodating tractor-trailer parking. The sale includes two parcels: Tax ID #68-13-0032.000 and Tax ID #68-13-0032.001. The total building size is 3,664 square feet. This property is ideal for a variety of commercial uses and offers significant potential for growth and development. Contact us for further details and to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pottsville
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -76.19836
    Latitude
    40.69336

    Nearby Similar for Sale

    • New
      $495,000

      Leased Office Space For Sale

      Fully leased office space in a professional medical building.
      Schuylkill Medical Plz, Pottsville, PA 17901
      View Details
    • New
      $355,000

      Medical Office Suites For Sale

      Professional medical office suites available for sale in Pottsville, PA.
      100 Schuylkill Medical Plz, Pottsville, PA 17901
      View Details
    • New
      $525,000
      0.11 Acres

      Pottsville Leased Office/Medical Building

      100% leased office/medical building in downtown Pottsville, Pennsylvania.
      91 Progress Ave, Pottsville, PA 17901
      View Details
    • New
      $139,000
      3,000 SF

      Pottsville Commercial Building on Route 209

      High-visibility commercial building with versatile layout and warehouse space.
      1413 W Market St, Pottsville, PA 17901
      View Details
    • New
      $1,749,000
      2.27 Acres

      Retail Opportunity in Pottsville, PA

      10,500 SF GLA retail property for sale.
      850 Gordon Nagle Trl, Pottsville, PA 17901
      View Details
    • New
      $349,000

      Freestanding Office Building For Sale

      Freestanding office with parking, ready for immediate occupancy.
      693 Prt Carbon St Clair Hwy, Pottsville, PA 17901
      View Details
    • New
      $142,900
      2,012 SF

      Remodeled Duplex with Income Potential

      Remodeled duplex with rental income and city/mountain views.
      212 N George St, Pottsville, PA 17901
      View Details
    • $274,900
      4,000 SF

      Pottsville Mixed-Use Investment Opportunity

      Three-unit building with commercial space and two apartments in Pottsville.
      701 W Market St, Pottsville, PA 17901
      View Details
    • $90,000
      1,929 SF

      Pottsville Multifamily Investment Opportunity

      Multifamily property in Pottsville, PA, with income potential.
      1101 W Market St, Pottsville, PA 17901
      View Details
    • $199,900
      0.05 Acres

      Turnkey Duplex Near Yuengling Brewery

      Fully rented Pottsville duplex near downtown and Yuengling brewery.
      621 W Market St, 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 W Market St, Pottsville, PA 17901
      View Details
    • $199,900
      2,045 SF

      Pottsville Multifamily Property For Sale

      Multifamily property in Pottsville, PA, with easy access to Route 61.
      1903 W Market St, Pottsville, PA 17901
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Versatile building, large lot, high ceilings.
    Where is this commercial real estate located?
    The property is located at 700 Centre St Pottsville, PA.
    What is the asking price?
    The asking price for this property is $375,000.
    (570) 385-3456
    Request Owner's contact information
    700 Centre St Pottsville, PA 17901
    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.
    700 Centre St
    Pottsville, PA 17901
    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
    700 Centre St Pottsville, PA 17901
    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

    We can help!
    Listing Contact
    Eric R Seitzinger
    Eric R Seitzinger
    Real Estate License ID: RS276999
    (570) 385-3456 (570) 617-1362
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!