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    164 9Th St Bloomsburg, PA 17815

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    For Lease
    Contact for pricing

    Northeast PA I-81 Corridor, flexible suites.

    Lot size:
    38,500 SF

    Property Features for 164 9Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,500 SF
    Total Rate
    19250

    Building Details

    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 164 9Th St, Bloomsburg, PA 17815 Contact us
    Unit Available Space 1

    $6 /Mo

    Size
    26,636 SF
    Contact us

    We can help!

    Listing Contact
    Steve Cole
    Steve Cole

    Listing Agency: NAI Mertz Wilkes Barre Listing Agent: Steve Cole

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

    Learn more

    Property Insight Report

    Overview

    This exceptional mixed-use property, totaling 38,500 square feet, offers a unique opportunity in Northeast Pennsylvania's I-81 corridor. Located in a thriving neighborhood shopping district, this single-story building boasts high visibility and convenient access. The property is situated directly adjacent to a fully occupied 47,000 square foot shopping center, anchored by established businesses including Dollar General, First Columbia Bank, and several other local businesses. This prime location ensures significant foot traffic and exposure to a substantial customer base. The building features a wet sprinkler system and ample paved parking for over 50 vehicles. Zoned MX-2, this versatile space allows for a wide range of uses, including retail, office, restaurant, fitness centers, and auto repair shops. Flexible unit sizes are available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 16,705 square feet. Daily traffic counts on Market Street exceed 5,721 vehicles, providing exceptional visibility for your business. The property's location and flexible space make it an ideal investment for a variety of businesses seeking a high-traffic, well-established location in a thriving community. The Columbia County location offers easy access to I-81, ensuring convenient access for customers and employees. This is a rare opportunity to secure a prominent space in a bustling commercial area. Contact us to learn more about current availability and explore how this property can meet your business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Suncom Industries Inc Charitable Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomsburg
    County
    Columbia
    State
    Pennsylvania
    Longitude
    -76.452944457166
    Latitude
    40.994383064364

    Nearby Similar for Lease

    • $6 SF/Yr
      38,500 SF

      Bloomsburg Mixed-Use Property For Rent

      Mixed-use property in a thriving neighborhood shopping district, flexible unit sizes.
      164 W 9Th St, Bloomsburg, PA 17815
      View Details
    • Contact for pricing
      352,544 SF

      Columbia Colonnade Retail Space

      Bloomsburg, PA shopping mall investment opportunity.
      225 Columbia Mall Dr, Bloomsburg, PA 17815
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Northeast PA I-81 Corridor, flexible suites.
    Where is this office property / space located?
    The property is located at 164 9Th St Bloomsburg, PA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 38,500 SF mixed-use building with flexible unit sizes from 1,000 SF to 16,705 SF contiguous.; MX-2 zoning allowing retail, office, restaurant, fitness, and auto repair uses.; 50+ paved parking spaces.
    Request Owner's contact information
    164 9Th St Bloomsburg, PA 17815
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    Bloomsburg, PA 17815
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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.

    More about this property
    164 9Th St Bloomsburg, PA 17815
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Steve Cole
    Steve Cole
    Real Estate License ID: RB043368C
    Learn more
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