Mixed-Use Property with
For Sale
$998,000
12 Queen Street, Wellsboro, PA 16901
An operating auto parts business includes a service shop, warehouse space, and two rented units.
Property Size16,133 SF
Lot Size1.32 Acres
Price / SF$61.86
Days on Market16
Property Features for 12 Queen Street
General Information
Standard status
Active
Size
16,133 SF
Lot size
1.32 Acres
Additional Details
Business Included
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Mountain Valley Realty, Inc.
(570) 723-8484
Listed By:
Victoria Murphy
(570) 439-0821
Source:
Exprealty
Added: Sep 22
Changed: Sep 29
Last Checked: Oct 7 at 1:30PM
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 Mountain Valley Realty, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property combines an auto parts business with an attached service shop and warehouse. Two additional rental units are currently occupied. The building contains 16,133 square feet, and the property encompasses 1.32 acres.
Frontage extends along Queen Street and Brewery Street in Wellsboro, Pennsylvania. The site also has paved parking.
Frontage extends along Queen Street and Brewery Street in Wellsboro, Pennsylvania. The site also has paved parking.
Key Highlights
- 16,133‑square‑foot building on 1.32 acres
- Auto parts business with service shop and warehouse
- Two rental units currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,533
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,660
$1.7M
Cap Rate 7%
$1,193,329
$1.2M
Cap Rate 9%
$928,144
$928.1K
Market Conditions
NOI Build-Up for 16,133 SF
Gross rent
$129.7K $8.04/SF
− Vacancy
−$10.4K −$0.64/SF
EGI
$119.3K $7.40/SF
− OpEx
−$35.8K −$2.22/SF
NOI
$83.5K $5.18/SF
Area
Tioga County, PA
Vacancy
8.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,660
Cap Rate 7%
$1,193,329
Cap Rate 9%
$928,144
Alternative Uses
Best Use
Mixed Use
$2.33M
$2.04M – $2.72M
NOI $163,347 @ 7.0% cap · market cap 16.37%
Second Best
Warehouse
$1.63M
$1.43M – $1.91M
NOI $114,305 @ 7.0% cap · market cap 11.45%
Theoretical Best
Healthcare Medical
$2.75M
$2.40M – $3.21M
NOI $192,374 @ 7.0% cap · market cap 19.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Explore this area
Business Placement
Demographics for 16901, PA
10,561
Population
5,360
Households
2
Avg Household Size
47
Median Age
28%
College-Educated
93%
High-School Grad
230.4 sq mi
ZIP Area
46
Density / Sq Mi
$66,003
Median Household Income
$40,723
Median Earnings
$863
Median Rent
$210,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating auto parts business includes a service shop, warehouse space, and two rented units.
Where is this mixed-use property located?
The property is located at 12 Queen Street Wellsboro, PA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 16,133‑square‑foot building on 1.32 acres; Auto parts business with service shop and warehouse; Two rental units currently rented
