Flexible Storefront
For Sale
$325,000
152 S Main St, Slippery Rock, PA 16057
The existing tenant can remain or vacate, providing flexibility for a buyer’s business plans.
Property Size1,800 SF
Price / SF$180.56
Days on Market12
Property Features for 152 S Main St
General Information
Standard status
Active
Size
1,800 SF
Taxes and HOA fees
Annual Taxes
$1,703
Building Details
Tenancy
Single
Listing Agency:
HOWARD HANNA REAL ESTATE SERVICES
Listed By:
Carol Julin
(724) 772-8822
Source:
Exprealty
Added: Oct 9
Changed: Oct 19
Last Checked: Oct 19 at 2:09PM
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 HOWARD HANNA REAL ESTATE SERVICES
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.
This storefront property in Slippery Rock offers approximately 1,800 square feet of commercial space. A tenant currently occupies the building and may remain after a sale or leave if the buyer plans to use the property for their own business. The space has been identified for professional office, boutique retail, specialty shop, and service business uses.
Located at 152 S Main St, the property has a private parking lot at the rear, with additional street parking available. The building has housed several businesses over the years.
Located at 152 S Main St, the property has a private parking lot at the rear, with additional street parking available. The building has housed several businesses over the years.
Key Highlights
- Approximately 1,800 square feet of commercial space
- Current tenant may stay or vacate for the buyer’s use
- Private parking lot at the rear, plus street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,144
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,880
$362.9K
Cap Rate 7%
$259,200
$259.2K
Cap Rate 9%
$201,600
$201.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$27.0K $15.00/SF
− Vacancy
−$1.1K −$0.60/SF
EGI
$25.9K $14.40/SF
− OpEx
−$7.8K −$4.32/SF
NOI
$18.1K $10.08/SF
Area
Butler County, PA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,880
Cap Rate 7%
$259,200
Cap Rate 9%
$201,600
Alternative Uses
Best Use
Retail
$259.2K
$226.8K – $302.4K
NOI $18,144 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$458.5K
$401.2K – $534.9K
NOI $32,094 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
105k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 40%
Groceries 3%
Sheetz
Shops & Services
38,066 visits/mo
0.1 miles
McDonald's
Dining
20,363 visits/mo
0.2 miles
Dollar General
Shops & Services
13,871 visits/mo
0.3 miles
Dunkin' Donuts
Dining
11,084 visits/mo
0.2 miles
Taco Bell
Dining
6,981 visits/mo
0.5 miles
Demographics for 16057, PA
14,327
Population
6,171
Households
2.3
Avg Household Size
29
Median Age
28%
College-Educated
96%
High-School Grad
88.7 sq mi
ZIP Area
162
Density / Sq Mi
$56,285
Median Household Income
$16,957
Median Earnings
$858
Median Rent
$242,200
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
Similar Off Market Nearby
- Tinker's Dam Florist & Gifts — 118 franklin st, slippery rock, pa 16057
Frequently Asked Questions
What type of property is this?
Storefront property - The existing tenant can remain or vacate, providing flexibility for a buyer’s business plans.
Where is this storefront property located?
The property is located at 152 S Main St Slippery Rock, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 1,800 square feet of commercial space; Current tenant may stay or vacate for the buyer’s use; Private parking lot at the rear, plus street parking
