Heated Commercial Garage with
907 Airesman Rd Boswell, PA 15531
For Sale
$300,000
Versatile garage property with heated workspace, office space, and substantial parking on a large lot for automotive or light industrial uses.
Property Size3,200 SF
Lot Size7.70 Acres
Price / SF$93.75
Days on Market610
Property Features for 907 Airesman Rd
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 7.70 Acres
Listing Agency:
Coldwell Banker Premier
(814) 232-0737
Listed By:
Cheryl McInroy · License #AB068119
(814) 232-0737
Source:
Exprealty
Added: Nov 21, 2024
Changed: Jul 10
Last Checked: Jul 23 at 3:43PM
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 Coldwell Banker Premier
Investment Insights
Based on property information with market context.
This property features a versatile 40 x 80 commercial garage set on a spacious 7.7+ acre lot. The garage is equipped with in-floor heating and includes a loft office with a storage area and a half bath, plus additional first-floor office space. The site is supported by a car lift and an air compressor, and additional equipment may be negotiable. Outdoor above-ground fuel tanks are included, along with a cement slab already in place to support future building needs.
Access is designed for business operations, with approximately 3 acres of parking and additional room for expansion on the mostly level lot. The property is located near Route 985 and about 8 miles from the PA Turnpike, supporting convenient regional connectivity.
For tenants, buyers, or operators, the combination of heated shop space, built-in office areas, and large-scale parking makes the property well suited to automotive services, light industrial work, or storage-based operations that need room to operate and room to grow. The existing slab and level site provide a straightforward path for considering added improvements, subject to applicable approvals.
Access is designed for business operations, with approximately 3 acres of parking and additional room for expansion on the mostly level lot. The property is located near Route 985 and about 8 miles from the PA Turnpike, supporting convenient regional connectivity.
For tenants, buyers, or operators, the combination of heated shop space, built-in office areas, and large-scale parking makes the property well suited to automotive services, light industrial work, or storage-based operations that need room to operate and room to grow. The existing slab and level site provide a straightforward path for considering added improvements, subject to applicable approvals.
Key Highlights
- 40 x 80 commercial garage on a 7.7+ acre lot, designed for automotive services, light industrial, or storage uses
- In‑floor heating plus a loft office with storage and a half bath, with additional first‑floor office space
- About 3 acres of parking, plus room to expand on a level lot
Financial Insights For Warehouse
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 | $28.3k | $8.83 |
| − Vacancy | −$1.6k | −$0.49 |
| EGI | $26.7k | $8.34 |
| − OpEx | −$4.0k | −$1.25 |
| NOI | $22.7k | $7.09 |
3,200 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Retail
$979.1K
$856.8K – $1.14M
NOI $68,540 @ 7.0% cap · market cap 22.85%
Second Best
Warehouse
$323.9K
$283.4K – $377.9K
NOI $22,673 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$1.01M
$887.0K – $1.18M
NOI $70,963 @ 7.0% cap · market cap 23.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shaffer Timber Co
Big Box & Wholesale Store
FAQs
What type of property is this?
Flex space - Versatile garage property with heated workspace, office space, and substantial parking on a large lot for automotive or light industrial uses.
Where is this flex space located?
The property is located at 907 Airesman Rd Boswell, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 40 x 80 commercial garage on a 7.7+ acre lot, designed for automotive services, light industrial, or storage uses; In‑floor heating plus a loft office with storage and a half bath, with additional first‑floor office space; About 3 acres of parking, plus room to expand on a level lot
