Building Details

Year Built 1950

Buildings 1

Construction stone

Listing Agency: Ronnie Martin Realty, Inc. r***@aol.com Show Phone

Listed By: Joan E Sidoli · License #5000218 Show Phone

Source: Cummingsrealtors

Added: Oct 23 Changed: Oct 27 Last Checked: Oct 28 at 8:05AM

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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 Ronnie Martin Realty, Inc.

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Investment Insights

Based on property information with market context.

Built in 1950, this 1,670-square-foot stone live-work property includes three bedrooms or office rooms and one bathroom. Original wood floors, a remodeled kitchen, a living room with a stone fireplace, a den, and a rear sunroom shape the main level. The finished lower level adds a family room, built-in bar, and workshop.

A large driveway provides on-site parking and access to the property. The landscaped yard includes partial fencing. Located in Blue Ridge Summit, Pennsylvania, the property is offered for sale.

Key Highlights

• 1,670‑square‑foot stone building constructed in 1950
• Three bedrooms or office rooms and one bathroom
• Remodeled kitchen, original wood floors, and stone fireplace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,582

Cap Rate

4.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$411,640 $411.6K

Cap Rate 7%

$294,029 $294.0K

Cap Rate 9%

$228,689 $228.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,670 SF

Gross rent

$33.5K $20.04/SF

− Vacancy

−$6.0K −$3.61/SF

EGI

$27.4K $16.43/SF

− OpEx

−$6.9K −$4.11/SF

NOI

$20.6K $12.32/SF

Area

Franklin County, PA

Vacancy

18.00%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$411,640

Cap Rate 7%

$294,029

Cap Rate 9%

$228,689

Alternative Uses

Best Use

Office B

$294.0K

$257.3K – $343.0K (±1% cap)

NOI $20,582 @ 7.0% cap · market cap 4.57%

Second Best

Mixed Use

$236.2K

$206.7K – $275.6K (±1% cap)

NOI $16,533 @ 7.0% cap · market cap 3.67%

Theoretical Best

Office A

$404.9K

$354.3K – $472.4K (±1% cap)

NOI $28,345 @ 7.0% cap · market cap 6.30%

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

Live-work space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store HVAC Service Restaurant Law Firm

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

3

Office units

Location Intelligence

Trade Area within ½ mile

111

Businesses Nearby

Explore this area Business Placement

Demographics for 17214, PA

1,093

Population

600

Households

1.8

Avg Household Size

45

Median Age

27%

College-Educated

92%

High-School Grad

3.8 sq mi

ZIP Area

288

Density / Sq Mi

$58,750

Median Household Income

$45,473

Median Earnings

$842

Median Rent

$291,400

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Frequently Asked Questions

What type of property is this?

Live-work space - A remodeled kitchen, stone fireplace, and finished lower level provide distinct spaces for residential or office use.

Where is this live-work space located?

The property is located at 15055 BUCHANAN TRAIL E Blue Ridge Summit, PA.

What is the asking price?

The asking price for this property is $449,900.

What are key features of this property?

This property features: 1,670‑square‑foot stone building constructed in 1950; Three bedrooms or office rooms and one bathroom; Remodeled kitchen, original wood floors, and stone fireplace