Flex Space with Dock-High
1442 S Main St, Mansfield, PA 16933
For Sale
New
$3,600,000
An open-plan commercial space combines showroom, warehouse, and retail areas with shared parking.
Property Size61,022 SF
Price / SF$59.02
Days on Market2
Property Features for 1442 S Main St
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Dock-High Doors
Sprinkler System
Amenities
open floor plan
high ceilings
dock-high loading doors
convenient shared parking
warehouse/storage capability
Building Details
Building Size
Listed By:
Michael Kushner, CCIM · License FL BK3551025
(717) 991-6384
Source:
Capstonecre
Added: Nov 8
Last Checked: Nov 8 at 5:05PM
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 Michael Kushner, CCIM
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Investment Insights
Based on property information with market context.
Approximately 61,000 SF of former department store space is configured with an open floor plan and high ceilings. The property includes five dock-high loading doors, warehouse and storage capability, sprinkler protection, and shared parking. Showroom, warehouse, and retail areas are available within the space.
The property sits in an established retail corridor near Dollar Tree, Tractor Supply, Taco Bell, and Dunkin’.
The property sits in an established retail corridor near Dollar Tree, Tractor Supply, Taco Bell, and Dunkin’.
Key Highlights
- Approximately 61,000 SF of former department store space
- Five dock‑high loading doors
- Open floor plan with high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$315,843
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,316,860
$6.3M
Cap Rate 7%
$4,512,043
$4.5M
Cap Rate 9%
$3,509,367
$3.5M
Market Conditions
NOI Build-Up for 61,000 SF
Gross rent
$490.4K $8.04/SF
− Vacancy
−$39.2K −$0.64/SF
EGI
$451.2K $7.40/SF
− OpEx
−$135.4K −$2.22/SF
NOI
$315.8K $5.18/SF
Area
Tioga County, PA
Vacancy
8.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,316,860
Cap Rate 7%
$4,512,043
Cap Rate 9%
$3,509,367
Alternative Uses
Best Use
Flex RnD
$6.10M
$5.33M – $7.11M
NOI $426,697 @ 7.0% cap · market cap 11.85%
Second Best
Industrial
$5.08M
$4.45M – $5.93M
NOI $355,927 @ 7.0% cap · market cap 9.89%
Theoretical Best
Healthcare Medical
$10.39M
$9.09M – $12.12M
NOI $727,381 @ 7.0% cap · market cap 20.21%
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
Lease Details
5
Dock-high doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16933, PA
6,643
Population
3,131
Households
2.1
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
102.6 sq mi
ZIP Area
65
Density / Sq Mi
$60,707
Median Household Income
$27,697
Median Earnings
$783
Median Rent
$200,600
Median Home Value
Check the figures for this property
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?
Flex space - An open-plan commercial space combines showroom, warehouse, and retail areas with shared parking.
Where is this flex space located?
The property is located at 1442 S Main St Mansfield, PA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Approximately 61,000 SF of former department store space; Five dock‑high loading doors; Open floor plan with high ceilings
