13281330 FRONT STREET W, Berwick, PA 18603

Building Details

Year Built 2000 More

Listing Agency: Iron Valley Real Estate of Central PA c***@ironvalleyrealestateofcentralpa.com Show Phone

Listed By: MICHAEL T CHAN · License PA RS339596 Show Phone

Source: Cummingsrealtors

Added: Aug 6 Changed: Nov 8 Last Checked: Nov 8 at 6:53AM

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Investment Insights

Based on property information with market context.

This auto shop property includes a customer service area, bathroom, and a garage equipped with two bay doors. The building was constructed in 2000 and is configured for an automotive repair operation or another commercial use consistent with General Commercial zoning.

The site includes approximately 20 parking spaces and is located on Front Street in Berwick, Pennsylvania. The combination of garage space, customer-facing area, bathroom, and on-site parking provides a defined commercial layout for an owner-user or operator.

Key Highlights

• Garage building with two bay doors
• Approximately 20 parking spaces
• General Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,348

Cap Rate

4.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$246,960 $247.0K

Cap Rate 7%

$176,400 $176.4K

Cap Rate 9%

$137,200 $137.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,113 SF

Gross rent

$18.5K $8.76/SF

− Vacancy

−$870 −$0.41/SF

EGI

$17.6K $8.35/SF

− OpEx

−$5.3K −$2.50/SF

NOI

$12.3K $5.84/SF

Area

Columbia County, PA

Vacancy

4.70%

Lease Rate

$8.76 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$246,960

Cap Rate 7%

$176,400

Cap Rate 9%

$137,200

Alternative Uses

Best Use

Retail

$422.4K

$369.6K – $492.8K (±1% cap)

NOI $29,570 @ 7.0% cap · market cap 10.75%

Second Best

Industrial

$176.4K

$154.4K – $205.8K (±1% cap)

NOI $12,348 @ 7.0% cap · market cap 4.49%

Theoretical Best

Office A

$708.4K

$619.9K – $826.5K (±1% cap)

NOI $49,591 @ 7.0% cap · market cap 18.03%

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

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Electrical Service Furniture & Home Goods Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Service bays

Location Intelligence

Trade Area within ½ mile

114

Businesses Nearby

4k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

Tri-County Ace Hardware Home Improvements & Furnishings

4,360 visits/mo 0.4 miles

Demographics for 18603, PA

18,728

Population

9,235

Households

2

Avg Household Size

45

Median Age

18%

College-Educated

90%

High-School Grad

53.4 sq mi

ZIP Area

351

Density / Sq Mi

$55,969

Median Household Income

$40,323

Median Earnings

$789

Median Rent

$164,500

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Similar Off Market Nearby

• Auto Lube & Spa Inc — 7569 Columbia Blvd, Berwick, PA 18603
• Whitenight Auto Body — 2601 W Front St, Berwick, PA 18603
• Mavis Discount Tire — 2005 W Front St, Berwick, PA 18603

Frequently Asked Questions

What type of property is this?

Auto shop - General Commercial zoning accompanies a customer service area, bathroom, and garage space.

Where is this auto shop located?

The property is located at 13281330 FRONT STREET W Berwick, PA.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Garage building with two bay doors; Approximately 20 parking spaces; General Commercial zoning