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    Versatile Commercial Property in Athens Title is generated by Realmo AI

    106 &102 N Elmira Street, Athens, PA 18810

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    Claim this Listing
    For Sale
    $320,000

    COMMERCIAL - Athens, PA

    Property size:
    9,637 SF
    Lot size:
    0.89 Acres
    Price / SF:
    $33/SF
    Added:
    May 12, 2026
    Days on Market:
    11
    Last Refresh:
    May 22 at 12:06 am

    Property Features for 106 &102 N Elmira Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Standard status
    Active
    Size
    9,637 SF
    Lot size
    0.89 Acres

    Taxes and HOA fees

    Tax Description
    Warehouse/old feed mill with full useable basement.

    Building Details

    Year built
    1979

    We can help!

    Listing Contact
    Valerie ONeil

    Listing agent Valerie ONeil

    Listing office Coldwell Banker Town & Country - Sayre 201 Desmond Street, Sayre, PA

    Listing date May 12, 2026

    MLS# 31727377

    Copyright © 2026 Northern Mountains of Pennsylvania MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Versatile commercial property suitable for automotive, repair, fleet maintenance, contractor operations, storage, and more.
    • Multiple working/service bays with 4 overhead doors (two 13‑ft and two 10‑ft).
    • Additional 'Old Feed Building' provides abundant extra storage space.
    • Prime Athens location with easy access and visibility.
    • 3‑Phase electric power.
    • Includes 2 offices and a customer waiting/lounge area.

    Overview

    Located in Athens, Pennsylvania, this commercial property at 102 & 106 N. Elmira Street presents a versatile opportunity. Previously occupied by Custom Rebuilders, the property is suitable for automotive, truck, motorcycle, diesel, and engine repair, as well as fleet maintenance, contractor operations, and storage. The main building features multiple working/service bays, along with four overhead doors, including two 13-foot doors and two 10-foot doors. It is equipped with 3-phase electric, two offices, and a customer waiting/lounge area. The layout is designed for high-clearance vehicle access and efficient workflow. An additional "Old Feed Building" is included, offering abundant extra storage space for inventory, equipment, tools, and supplies, with potential for expansion. The property is situated on a 0.89-acre lot and includes a 9,637 square foot building. This location offers convenient access and visibility, making it suitable for owner-operators, investors, or expanding businesses seeking flexible commercial space with substantial storage and operational capacity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Grocery & Convenience Store Gym & Fitness Center Skin Care Clinic Pharmacy

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

    Similar Places Nearby

    • Joe's Automotive Center — 504 S Main St, Athens, PA 18810
    • Horton Electric Motor Service — 108 S Main St, Athens, PA 18810
    • KROWN ATHENS AND DECATURS AUTOMOTIVE — 106 s main st, athens, pa 18810
    • Birdsall's Auto Works — 109 New St, Athens, PA 18810
    • Rolling Tire Shop — 307 S Elmira St, Athens, PA 18810

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Bradford
    State
    Pennsylvania
    Longitude
    -76.5234888
    Latitude
    41.9605084

    Nearby Similar for Sale

    • $350,000
      2,205 SF

      Prime Commercial Opportunity in Athens

      Versatile commercial property ideal for automotive or retail businesses.
      110 S Main St, Athens, PA 18810
      View Details
    • $245,000
      2,759 SF

      High-Traffic Commercial Building in Athens

      2,900 SF commercial building on high-traffic US Route 220.
      29876 Rt 220, Athens, PA 18810
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial property suitable for automotive, repair, storage, and more.
    Where is this auto shop located?
    The property is located at 106 &102 N Elmira Street Athens, PA.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Versatile commercial property suitable for automotive, repair, fleet maintenance, contractor operations, storage, and more.; Multiple working/service bays with **4 overhead doors** (two 13‑ft and two 10‑ft).; Additional 'Old Feed Building' provides abundant extra storage space.
    (607) 725-0959
    We can help!
    Listing Contact
    Valerie ONeil
    Learn More
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    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.

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