Sandstone Mixed-Use
For Sale
$1,150,000
1716 Plank Rd, Duncansville, PA 16635
Historic office and apartment buildings offer separate entrances, paved parking, and adaptable layouts across a multi-building site.
Property Size4,150 SF
Lot Size4.00 Acres
Price / SF$277.11
Days on Market381
Property Features for 1716 Plank Rd
General Information
Standard status
Active
Size
4,150 SF
Total Parking Spaces
20
Lot size
4.00 Acres
Property Condition
Severity
Repairs Needed
Evidence
it needs to be repaired
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,430
Building Details
Buildings
3
Construction
cut native red and tan sandstone
Tenancy
Multi
Abandoned
No
Listing Agency:
Coldwell Banker Town & Country R.E.
Listed By:
Robert Pennington · License #RM028663A
(814) 946-4343
Source:
Exprealty
Added: Oct 1, 2025
Changed: Oct 11
Last Checked: Oct 15 at 1:50AM
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 Coldwell Banker Town & Country R.E.
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Investment Insights
Based on property information with market context.
Pine Stone Estates is a nearly 4-acre mixed-use property with three buildings. The 1938 Manor House is a 4,150-square-foot, two-story sandstone building with offices on the first floor and two 1,000-square-foot apartments above. Two small businesses occupy the office level, which can be reconfigured for one user. The first floor and basement have two gas forced hot air furnaces and central air conditioning; the apartments use hot water radiators and require window A/C units. Paved parking accommodates 18 cars, with a two-vehicle carport for the apartments.
The sandstone Carriage House contains two floors of office space, each approximately 1,000 square feet, with two restrooms per floor. Separate HVAC systems serve the building, and both interior and private exterior access are provided to the upper level. The second floor is occupied, while private paved parking surrounds the structure. A third frame building provides six horse stalls, electricity, and water, but requires repairs and has no heat. The property is located at 1716-1720 Plank Road in Duncansville, PA.
The sandstone Carriage House contains two floors of office space, each approximately 1,000 square feet, with two restrooms per floor. Separate HVAC systems serve the building, and both interior and private exterior access are provided to the upper level. The second floor is occupied, while private paved parking surrounds the structure. A third frame building provides six horse stalls, electricity, and water, but requires repairs and has no heat. The property is located at 1716-1720 Plank Road in Duncansville, PA.
Key Highlights
- Nearly 4‑acre mixed‑use property with three buildings
- 1938 Manor House contains 4,150 square feet with offices and two 1,000‑square‑foot apartments
- Paved parking for 18 cars plus a two‑vehicle apartment carport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,953
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,060
$859.1K
Cap Rate 7%
$613,614
$613.6K
Cap Rate 9%
$477,256
$477.3K
Market Conditions
NOI Build-Up for 4,150 SF
Gross rent
$74.7K $18.00/SF
− Vacancy
−$6.0K −$1.44/SF
EGI
$68.7K $16.56/SF
− OpEx
−$25.8K −$6.21/SF
NOI
$43.0K $10.35/SF
Area
Blair County, PA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,060
Cap Rate 7%
$613,614
Cap Rate 9%
$477,256
Alternative Uses
Best Use
Mixed Use
$613.6K
$536.9K – $715.9K
NOI $42,953 @ 7.0% cap · market cap 3.74%
Second Best
Office B
$600.6K
$525.5K – $700.7K
NOI $42,041 @ 7.0% cap · market cap 3.66%
Theoretical Best
Warehouse
$5.04M
$4.41M – $5.88M
NOI $352,843 @ 7.0% cap · market cap 30.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
Demographics for 16635, PA
11,661
Population
5,475
Households
2.1
Avg Household Size
49
Median Age
26%
College-Educated
95%
High-School Grad
56.8 sq mi
ZIP Area
205
Density / Sq Mi
$69,924
Median Household Income
$41,671
Median Earnings
$1,014
Median Rent
$186,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic office and apartment buildings offer separate entrances, paved parking, and adaptable layouts across a multi-building site.
Where is this mixed-use property located?
The property is located at 1716 Plank Rd Duncansville, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Nearly 4‑acre mixed‑use property with three buildings; 1938 Manor House contains 4,150 square feet with offices and two 1,000‑square‑foot apartments; Paved parking for 18 cars plus a two‑vehicle apartment carport
