Corner Building in Downtown
400 S Centre Street Pottsville, PA 17901
400 S Centre Street, Pottsville, PA, 17901
$375,000
Pending
For Sale
$375,000
Pending
Highly visible corner building with retail storefront and leased space.
Property Size2,700 SF
Days on Market1048
Property Features for 400 S Centre Street
General Information
- Standard status
- Pending
- Size
- 2,700 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1900
Listing Agency
BHHS Homesale Realty
(570) 385-3456
Listed by
Schuylkill Haven · License #RS276999
(570) 617-1362
Source
Xome
Added: Sep 7, 2023 Updated: Jul 10 at 3:45 pm Checked: Jul 20 at 1:43 am
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 BHHS Homesale Realty
Investment Insights
Based on property information with market context.
This highly visible corner building is located on Centre Street in downtown Pottsville, at a traffic-controlled intersection. The property features front display windows, making it an attractive retail location. It is situated near a signalized pedestrian crossing at a traffic-controlled intersection. The first-floor storefront is available for sale. The second floor and rear garage area are currently under lease with a long-term tenant. The property size is 2700 square feet.
Key Highlights
- Highly visible corner building on busy Centre Street in downtown Pottsville.
- Located at a traffic controlled intersection with a signalized pedestrian crossing.
- Attractive retail location with lots of front display windows.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $12.00 |
| − Vacancy | −$2.6k | −$0.96 |
| EGI | $29.8k | $11.04 |
| − OpEx | −$11.2k | −$4.14 |
| NOI | $18.6k | $6.90 |
2,700 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$266.1K
$232.9K – $310.5K
NOI $18,630 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.0K
$354.4K – $472.5K
NOI $28,350 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Highly visible corner building with retail storefront and leased space.
Where is this mixed-use property located?
The property is located at 400 S Centre Street Pottsville, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Highly visible corner building on busy Centre Street in downtown Pottsville.; Located at a traffic controlled intersection with a signalized pedestrian crossing.; Attractive retail location with lots of front display windows.
