Restaurant Property with
For Sale
$199,900
1080 S Main Lot 1, Mansfield, PA 16933
The building includes an unfinished lower level and on-site space for parking.
Property Size1,562 SF
Lot Size1.51 Acres
Price / SF$127.98
Days on Market329
Property Features for 1080 S Main Lot 1
General Information
Standard status
Active
Size
1,562 SF
Lot size
1.51 Acres
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
in need of some updating
Additional Details
Road Access
Yes
Building Details
Building Size
1,562 SF
Year Built
1988
Listing Agency:
Penn Oak Realty Mansfield
(570) 463-4828
Listed By:
Richard Pino
(570) 404-0852
Source:
Cowanesquelakerealty
Added: Dec 1, 2025
Changed: Oct 23
Last Checked: Oct 23 at 4:58PM
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 Penn Oak Realty Mansfield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property occupies 1.512 acres and includes a partial, unfinished basement. Built in 1988, the building has an interior that needs updating; the structure is described as being in good condition. The site also has ample room for parking.
The property fronts South Main Street for over 200 feet, with other retailers, restaurants, and businesses nearby. Its former restaurant and bakery use is suited to the asset’s restaurant classification.
The property fronts South Main Street for over 200 feet, with other retailers, restaurants, and businesses nearby. Its former restaurant and bakery use is suited to the asset’s restaurant classification.
Key Highlights
- 1.512‑acre restaurant property
- Over 200 feet of frontage on South Main Street
- Partial unfinished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,834
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,680
$256.7K
Cap Rate 7%
$183,343
$183.3K
Cap Rate 9%
$142,600
$142.6K
Market Conditions
NOI Build-Up for 1,562 SF
Gross rent
$19.1K $12.24/SF
− Vacancy
−$2.0K −$1.29/SF
EGI
$17.1K $10.95/SF
− OpEx
−$4.3K −$2.74/SF
NOI
$12.8K $8.22/SF
Area
Tioga County, PA
Vacancy
10.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,680
Cap Rate 7%
$183,343
Cap Rate 9%
$142,600
Alternative Uses
Best Use
Specialty Retail
$183.3K
$160.4K – $213.9K
NOI $12,834 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$266.1K
$232.8K – $310.4K
NOI $18,626 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
69k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
Wendy's
Dining
17,762 visits/mo
0.3 miles
Dunkin' Donuts
Dining
15,800 visits/mo
0.2 miles
Exxon
Shops & Services
11,290 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,884 visits/mo
0.2 miles
Arby's
Dining
8,845 visits/mo
0.4 miles
Demographics for 16933, PA
6,643
Population
3,131
Households
2.1
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
102.6 sq mi
ZIP Area
65
Density / Sq Mi
$60,707
Median Household Income
$27,697
Median Earnings
$783
Median Rent
$200,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building includes an unfinished lower level and on-site space for parking.
Where is this conventional restaurant located?
The property is located at 1080 S Main Lot 1 Mansfield, PA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1.512‑acre restaurant property; Over 200 feet of frontage on South Main Street; Partial unfinished basement
