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    Mixed-Use Building with Private Parking Title is generated by Realmo AI

    1147 S Main St, Mansfield, PA 16933

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    For Sale
    $399,000

    COMMERCIAL - Mansfield, PA

    Property size:
    3,221 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $123/SF
    Added:
    Jul 7, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 7 at 6:06 pm

    Property Features for 1147 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    4
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1
    Standard status
    Active
    Size
    3,221 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Description
    2 Buildings on property.

    Building Details

    Year built
    1970

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    Contact an agent
    Shannon Clark
    Shannon Clark

    Listing agent Shannon Clark

    Listing office Century 21 Jackson Real Estate - Towanda 1239 Golden Mile Rd Suite 104, Towanda, PA

    Listing date Jul 7, 2026

    MLS# 31727763

    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

    • Two‑building mixed‑use commercial property with private parking
    • Two‑story building: street‑level retail or service space, plus separate entrance to upper level
    • Second building is currently leased with an open floor plan and two restrooms
    • Located on a busy commercial corner directly in front of Walmart
    • About one mile from the I‑99 interchange
    • Built in 1970

    Overview

    This mixed-use property includes two buildings with private parking. A two-story building provides street-level retail or service space, along with a separate entrance to the upper level that can support professional office use, owner occupancy, or additional rental space. The second building is currently leased and features an open floor plan with two restrooms.

    The property is situated on a busy commercial corner on S Main St in Mansfield, Pennsylvania, directly in front of Walmart. The interchange for I-99 is also about a mile away, supporting easy regional access for customers, tenants, and visitors.

    For tenants and operators, the configuration supports a range of needs, from storefront operations on the street level to office use on the upper level, with separate access helping maintain day-to-day functionality. Buyers considering mixed-use ownership can evaluate the combination of owner-occupy potential and an existing leased component in the second building, while also considering the property’s retail/service and office flexibility.

    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 $58.0k $18.00
    − Vacancy −$5.8k −$1.80
    EGI $52.2k $16.20
    − OpEx −$19.6k −$6.07
    NOI $32.6k $10.13
    3,221 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $465.9K
    $407.7K – $543.6K (±1% cap)
    NOI $32,613 @ 7.0% cap · market cap 8.17%
    Second Best
    Office B
    $414.1K
    $362.4K – $483.2K (±1% cap)
    NOI $28,989 @ 7.0% cap · market cap 7.27%
    Theoretical Best
    Healthcare Medical
    $548.7K
    $480.1K – $640.1K (±1% cap)
    NOI $38,408 @ 7.0% cap · market cap 9.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Building Supply Electrical Service Auto Parts Store Locksmith Storage Facility Bakery (Bike/Boat/Book/etc) Store Hair Salon Computer & Electronic Repair Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tioga
    State
    Pennsylvania
    Longitude
    -77.0704269
    Latitude
    41.783914

    FAQs

    What type of property is this?
    Mixed-use property - Two-building mixed-use property with private parking and flexible space for retail, service, or professional offices.
    Where is this mixed-use property located?
    The property is located at 1147 S Main St Mansfield, PA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Two‑building mixed‑use commercial property with private parking; Two‑story building: street‑level retail or service space, plus separate entrance to upper level; Second building is currently leased with an open floor plan and two restrooms
    More about this property
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