Commercial Land With Small
1340 W Front St, Berwick, PA 18603
For Sale
$139,900
Pending
Parcel includes a compact structure that can be adapted for varied commercial uses.
Property Size743 SF
Days on Market789
Property Features for 1340 W Front St
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
PRO Real Estate Services, Inc.
Listed By:
MARK E HUMPHREYS · License PA RM425322
(570) 784-4499
Source:
Exprealty
Added: Sep 12, 2024
Changed: Nov 6
Last Checked: Nov 8 at 11:52AM
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 PRO Real Estate Services, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial land offering includes a small building with a flexible layout described as adaptable for different business needs. The property may accommodate redevelopment, expansion, or continued use of the existing structure, subject to applicable approvals and site requirements.
Located at 1340 W Front St in Berwick, PA, the parcel is described as having street frontage and exposure in a high-traffic commercial setting. Potential applications identified for the property include retail, office, and other commercial uses.
Located at 1340 W Front St in Berwick, PA, the parcel is described as having street frontage and exposure in a high-traffic commercial setting. Potential applications identified for the property include retail, office, and other commercial uses.
Key Highlights
- Commercial land at 1340 W Front St, Berwick, PA
- Includes a small existing building
- Building can be adapted for varied commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,398
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,960
$208.0K
Cap Rate 7%
$148,543
$148.5K
Cap Rate 9%
$115,533
$115.5K
Market Conditions
NOI Build-Up for 743 SF
Gross rent
$15.6K $21.00/SF
− Vacancy
−$749 −$1.01/SF
EGI
$14.9K $19.99/SF
− OpEx
−$4.5K −$6.00/SF
NOI
$10.4K $13.99/SF
Area
Columbia County, PA
Vacancy
4.80%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,960
Cap Rate 7%
$148,543
Cap Rate 9%
$115,533
Alternative Uses
Best Use
Retail
$148.5K
$130.0K – $173.3K
NOI $10,398 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.1K
$218.0K – $290.6K
NOI $17,438 @ 7.0% cap · market cap 12.46%
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
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 31%
Electronics 8%
Burger King
Dining
11,906 visits/mo
0.1 miles
AutoZone
Shops & Services
4,613 visits/mo
0.5 miles
Fulton Bank
Shops & Services
1,434 visits/mo
0.2 miles
Verizon
Electronics
1,095 visits/mo
0.3 miles
Metro by T-Mobile
Electronics
378 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Commercial land - Parcel includes a compact structure that can be adapted for varied commercial uses.
Where is this commercial land located?
The property is located at 1340 W Front St Berwick, PA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Commercial land at 1340 W Front St, Berwick, PA; Includes a small existing building; Building can be adapted for varied commercial uses
