Fully Leased Office
1685 Four Mile Drive Williamsport, PA 17701
New
1685 Four Mile Drive, Williamsport, PA, 17701
$2,100,000
For Sale
$2,100,000
11,500 SF building with three office suites, off-street parking for up to 65 vehicles, and an established radio station anchor tenant.
Property Size11,538 SF
Price / SF$182.01
Days on Market3
Property Features for 1685 Four Mile Drive
General Information
- Standard status
- Active
- Size
- 11,538 SF
Listing agency
Fish Real Estate
(570) 326-1561
Listed by
Brent Fish · License #RM420632
(570) 326-1561
Source
Exprealty
Added: Jul 20 Updated: Jul 22 at 5:54AM Checked: Jul 22 at 5:54AM
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 Fish Real Estate
Investment Insights
Based on property information with market context.
This office property includes approximately 11,500 SF of fully occupied office space configured into three separate suites. Off-street parking is available for up to 65 vehicles. The anchor tenant, a local radio station, occupies approximately 6,750 SF, and the current owner is willing to execute a long-term lease and remain in place. Alternatively, the owner is willing to vacate with adequate notice, which may support an owner-user seeking a turnkey headquarters.
The building is positioned along one of Loyalsock Township’s busiest commercial corridors, with convenient access to highways and approximately 7,500 vehicles per day.
The current setup supports both continued tenancy with a long-term lease or, with notice, a change to an owner-user occupancy plan.
The building is positioned along one of Loyalsock Township’s busiest commercial corridors, with convenient access to highways and approximately 7,500 vehicles per day.
The current setup supports both continued tenancy with a long-term lease or, with notice, a change to an owner-user occupancy plan.
Key Highlights
- Approximately 11,500 SF fully occupied office building on a busy Loyalsock Township commercial corridor
- Divided into three separate office suites for multiple‑tenant or owner‑user flexibility
- Anchor tenant is an established local radio station occupying 6,750 SF
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $207.7k | $18.00 |
| − Vacancy | −$30.1k | −$2.61 |
| EGI | $177.6k | $15.39 |
| − OpEx | −$44.4k | −$3.85 |
| NOI | $133.2k | $11.54 |
11,538 SF · lease $18.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.90M
$1.66M – $2.22M
NOI $133,177 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,056 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Eric M. Ecker, ...
Dental Office
Ecker Family Dental
Dental Office
WZXR 99.3/103.7
Radio Station
WBZD
Radio Station
WILQ 105.1 FM
Radio Station
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 11,500 SF building with three office suites, off-street parking for up to 65 vehicles, and an established radio station anchor tenant.
Where is this office building located?
The property is located at 1685 Four Mile Drive Williamsport, PA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Approximately 11,500 SF fully occupied office building on a busy Loyalsock Township commercial corridor; Divided into three separate office suites for multiple‑tenant or owner‑user flexibility; Anchor tenant is an established local radio station occupying 6,750 SF
