Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17 6Th Ave Greenville, PA 16125

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $279,000

    Approximately 8000 sq ft office space with 50+ parking spaces.

    Lot size:
    2.02 Acres

    Property Features for 17 6Th Ave

    General Information

    Standard status
    Active
    Lot size
    2.02 Acres

    We can help!

    Listing Contact
    Janet Landfried
    Source: Exprealty

    Listing Agency: Howard Hanna Real Estate Services Listing Agent: Janet Landfried

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Spacious Office with Ample Parking

    This property offers approximately 8000 square feet of office or multi-use space. The parking lot can accommodate 50 or more vehicles. The property has income potential and room for expansion. Mini suites or large square footage options are available. Some suites are currently tenant-occupied and the property will be refurbished to suit.
    Location Intelligence

    Current Use by Public Records

    Lauren Ashlyn Photography Photographer Dr. John G. ... Doctor RANDALL RICHARD DRAPER Surgeon Advanced Integrative Medcn ... Doctor Aim Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Mercer
    State
    Pennsylvania
    Longitude
    -80.366246
    Latitude
    41.412089

    Nearby Similar for Sale

    • New
      $645,000
      2,792 SF

      Farm with Veterinary Clinic Income

      Residential and commercial opportunity on 3.46 acres in Greenville.
      409 E Jamestown Rd, Greenville, PA 16125
      View Details
    • New
      $645,000
      4,211 SF

      Greenville Commercial Property with Veterinary

      Investment opportunity: home, barn, and veterinary clinic on 3.46 acres.
      409 E Jamestown Rd, Greenville, PA 16125
      View Details
    • $259,000
      5.00 Acres

      Warehouse and Retail Opportunity

      Unique property with warehouse, retail building, and additional garage.
      359 Mercer Rd, Greenville, PA 16125
      View Details
    • $850,000
      14,475 SF

      Versatile Commercial Building in Greenville

      14,475 SF multi-use building suitable for office, restaurant, or school.
      10 N Penn Ave, Greenville, PA 16125
      View Details
    • $1,600,000
      99,700 SF

      Greenville, PA Commercial Investment Opportunity

      Charming town, thriving business community, easy access to amenities.
      100 Hadley Rd, Greenville, PA 16125
      View Details
    • $399,000

      Established Bar and Grille Opportunity

      Fully functioning bar and restaurant for sale in Greenville, PA.
      149 Main St, Greenville, PA 16125
      View Details
    • Contact for pricing
      12,638 SF

      Retail Space on Hadley Road

      12,638 SF retail space on 1.97 AC for sale.
      44 Hadley Rd, Greenville, PA 16125
      View Details
    • $850,000
      0.50 Acres

      Greenville Commercial Space - Huge Potential

      Versatile 16,584 sq ft building, prime location.
      10 Penn Ave, Greenville, PA 16125
      View Details
    • $399,000
      9.60 Acres

      Greenville, PA School Building

      Spacious School Building, 9.6 Acres
      12 Diamond St, Greenville, PA 16125
      View Details
    • $225,000

      Greenville Restaurant & Banquet Hall

      Prime Main Street Location, High Capacity
      210-214 Main St, Greenville, PA 16125
      View Details
    • $35,000
      0.06 Acres

      Downtown Greenville Retail Opportunity

      Prime location, high visibility, investment potential.
      197 Main St, Greenville, PA 16125
      View Details
    • $89,900
      0.55 Acres

      Greenville Retail Property - Main St

      Prime Retail Space w/ Apartment Income
      199 Main St, Greenville, PA 16125
      View Details

    FAQs

    What type of property is this?
    Office space - Approximately 8000 sq ft office space with 50+ parking spaces.
    Where is this office space located?
    The property is located at 17 6Th Ave Greenville, PA.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Approx 8000 Sq Ft of office or multi use space.; - Parking lot will accommodate 50+ vehicles.; - Great Income and Room To Grow.
    (724) 962-8701
    Request Owner's contact information
    17 6Th Ave Greenville, PA 16125
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17 6Th Ave
    Greenville, PA 16125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 6Th Ave Greenville, PA 16125
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Janet Landfried
    (724) 962-8701
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.