Retail Property with Storefront
For Sale
$725,000
Pending
60 GLEN DRIVE, Manchester, PA 17345
Retail property offering a dedicated 3,600 SF storefront space within an 8,600 SF building.
Property Size3,600 SF
Days on Market605
Property Features for 60 GLEN DRIVE
General Information
Standard status
Pending
Size
3,600 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$10,205
Building Details
Year Built
1915
Listing Agency:
Tri Corner Realty, LLC
(717) 345-4111
Listed By:
Mark Gibson · License #RM425202
(717) 880-0711
Source:
Exitrealty
Added: Feb 21, 2025
Changed: Oct 1
Last Checked: Oct 1 at 9:46AM
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 Tri Corner Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 60 Glen Dr, Manchester, PA is a retail building that includes a 3,600 SF retail space. The listing also notes a total property size of 8,600 SF, which supports a self-contained commercial footprint suited to retail users seeking an established storefront configuration.
As presented, this is a for-sale retail asset, offering a straightforward option for buyers looking to acquire a retail-focused property rather than a mixed-use site. The information provided does not specify additional income units, suite counts, or interior improvements, so due diligence will be important to confirm current condition and the specific layout of the 3,600 SF retail area.
For tenants or operators, the practical takeaway is that the property is positioned as retail space with a defined storefront area. For investors or owner-occupants, it provides a single-property retail acquisition with measured building sizing (8,600 SF total) and a stated retail component (3,600 SF). Interested parties should review the available floor plan and property details to confirm how the space will fit their merchandising, staffing, and operational needs.
As presented, this is a for-sale retail asset, offering a straightforward option for buyers looking to acquire a retail-focused property rather than a mixed-use site. The information provided does not specify additional income units, suite counts, or interior improvements, so due diligence will be important to confirm current condition and the specific layout of the 3,600 SF retail area.
For tenants or operators, the practical takeaway is that the property is positioned as retail space with a defined storefront area. For investors or owner-occupants, it provides a single-property retail acquisition with measured building sizing (8,600 SF total) and a stated retail component (3,600 SF). Interested parties should review the available floor plan and property details to confirm how the space will fit their merchandising, staffing, and operational needs.
Key Highlights
- Dedicated 3,600 SF retail storefront space
- Storefront is within an 8,600 SF building
- Building year built: 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,956
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,120
$859.1K
Cap Rate 7%
$613,657
$613.7K
Cap Rate 9%
$477,289
$477.3K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$64.8K $18.00/SF
− Vacancy
−$3.4K −$0.95/SF
EGI
$61.4K $17.05/SF
− OpEx
−$18.4K −$5.11/SF
NOI
$43.0K $11.93/SF
Area
York County, PA
Vacancy
5.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,120
Cap Rate 7%
$613,657
Cap Rate 9%
$477,289
Alternative Uses
Best Use
Retail
$613.7K
$537.0K – $715.9K
NOI $42,956 @ 7.0% cap · market cap 5.92%
Second Best
Self Storage
$502.2K
$439.4K – $585.9K
NOI $35,154 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$1.04M
$912.0K – $1.22M
NOI $72,963 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 17345, PA
8,122
Population
3,616
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
677
Density / Sq Mi
$83,556
Median Household Income
$48,333
Median Earnings
$1,150
Median Rent
$204,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Self storage facility - Retail property offering a dedicated 3,600 SF storefront space within an 8,600 SF building.
Where is this self storage facility located?
The property is located at 60 GLEN DRIVE Manchester, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Dedicated 3,600 SF retail storefront space; Storefront is within an 8,600 SF building; Building year built: 1915
