Automotive Property With
12 Queen Street, Wellsboro, PA 16901
For Sale
$998,000
Commercial Sale, Wellsboro, PA
Property Size16,133 SF
Lot Size1.32 Acres
Price / SF$61.86
Days on Market46
Property Features for 12 Queen Street
General Information
Property type
Property subtype
Bathrooms
Half bathrooms
Rooms
Elementary school district
Middle school district
High school district
Subdivision
Standard status
Size
Lot size
Tenancy & Operations
Tenant in Place
Real Estate Included
Business Included
Additional Details
Property Use
Building Details
Year built
Buildings
Listing Agency:
Mountain Valley Realty, Inc.
(570) 723-8484
Listed By:
Victoria Murphy
(570) 439-0821
Added: Sep 22
Changed: Oct 26
Last Checked: Nov 6 at 7:06PM
MLS# 31728288
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.
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Investment Insights
Based on property information with market context.
This 16,133-square-foot automotive property, built in 1960, includes an auto parts retail operation, service shop, and warehouse area. The building also contains two rental spaces that are currently occupied, along with five bathrooms. Paved parking supports the site and complements the commercial improvements.
The property occupies 1.32 acres at 12 Queen Street in Wellsboro, Pennsylvania, with frontage along Queen and Brewery Streets. Its location within the borough provides a visible setting for the existing automotive-oriented configuration, while the combination of retail, shop, warehouse, and rental areas creates a varied commercial layout.
The property occupies 1.32 acres at 12 Queen Street in Wellsboro, Pennsylvania, with frontage along Queen and Brewery Streets. Its location within the borough provides a visible setting for the existing automotive-oriented configuration, while the combination of retail, shop, warehouse, and rental areas creates a varied commercial layout.
Key Highlights
- 16,133‑square‑foot automotive property built in 1960
- 1.32‑acre site at 12 Queen Street, Wellsboro, PA 16901
- Auto parts retail area with service shop and warehouse
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
Warehouse
$1.63M
$1.43M – $1.91M
NOI $114,305 @ 7.0% cap · market cap 11.45%
Second Best
Industrial
$1.34M
$1.18M – $1.57M
NOI $94,134 @ 7.0% cap · market cap 9.43%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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
Under-served
Demand for This Use
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
Frequently Asked Questions
What type of property is this?
Automotive property - Large automotive facility with service, storage, paved parking, and two occupied rental spaces.
Where is this automotive 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 automotive property built in 1960; 1.32‑acre site at 12 Queen Street, Wellsboro, PA 16901; Auto parts retail area with service shop and warehouse
