USPS-Leased Retail
For Sale
$169,000
121 Mainesburg Road, Mainesburg, PA 16932
Brick retail building with a large mail-entry area, work room, restroom, utility room, and paved parking for 10+ cars.
Property Size962 SF
Price / SF$169
Days on Market88
Property Features for 121 Mainesburg Road
General Information
Standard status
Active
Size
962 SF
Total Parking Spaces
10
Property subtype
Commercial
Building Details
Building Size
962 SF
Tenancy
Single
Listing Agency:
Mountain Valley Realty, Inc.
Listed By:
Kristi Gee
(607) 425-7085
Source:
Mvrwellsboro
Added: Jul 25
Changed: Oct 13
Last Checked: Oct 19 at 1:48PM
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.
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Investment Insights
Based on property information with market context.
This USPS-leased brick storefront includes a main entry and large customer/mailbox area, along with a separate work room, restroom, and utility room. The building is situated on a large paved parking lot designed to accommodate more than 10 cars.
The property benefits from a long-term USPS tenant, with a lease renewal recently completed for an additional five years. The USPS is described as paying all utilities and reimbursing real estate taxes, and a copy of the lease is available for serious buyers.
As an investment-oriented retail asset, the property’s current layout supports both customer/mail handling and back-of-house operations within the existing interior rooms and service spaces.
The property benefits from a long-term USPS tenant, with a lease renewal recently completed for an additional five years. The USPS is described as paying all utilities and reimbursing real estate taxes, and a copy of the lease is available for serious buyers.
As an investment-oriented retail asset, the property’s current layout supports both customer/mail handling and back-of-house operations within the existing interior rooms and service spaces.
Key Highlights
- USPS lease renewed for 5 years; long‑term tenant
- Nearly 1,000 sq. ft. brick retail building
- Large mail entry area for mailboxes and customers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,178
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$103,560
$103.6K
Cap Rate 7%
$73,971
$74.0K
Cap Rate 9%
$57,533
$57.5K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$8.0K $8.04/SF
− Vacancy
−$643 −$0.64/SF
EGI
$7.4K $7.40/SF
− OpEx
−$2.2K −$2.22/SF
NOI
$5.2K $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%
$103,560
Cap Rate 7%
$73,971
Cap Rate 9%
$57,533
Alternative Uses
Best Use
Retail
$74.0K
$64.7K – $86.3K
NOI $5,178 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$170.3K
$149.1K – $198.7K
NOI $11,924 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 16932, PA
669
Population
333
Households
2
Avg Household Size
46
Median Age
22%
College-Educated
92%
High-School Grad
19.8 sq mi
ZIP Area
34
Density / Sq Mi
$79,115
Median Household Income
$33,125
Median Earnings
$265,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Brick retail building with a large mail-entry area, work room, restroom, utility room, and paved parking for 10+ cars.
Where is this retail space located?
The property is located at 121 Mainesburg Road Mainesburg, PA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: USPS lease renewed for 5 years; long‑term tenant; Nearly 1,000 sq. ft. brick retail building; Large mail entry area for mailboxes and customers
