Building Details

Building Size 4,136 SF

Year Built 1980

Listing Agency: Era Richmond Real Estate - Titusville e**@era-richmond.com Show Phone

Listed By: Michael Crowther Show Phone

Source: Acemontanarealtysite

Added: Nov 1 Last Checked: Nov 1 at 3:14PM

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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 Era Richmond Real Estate - Titusville

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Investment Insights

Based on property information with market context.

This 4,136-square-foot retail property, built in 1980, is offered with the assets of Warm Home & Hearth, an established secondary-heating retail business. The offering combines the premises and business assets at 17275 Shreve Run Road in Pleasantville, Pennsylvania.

Key Highlights

• 4,136‑square‑foot retail property built in 1980
• Real estate and business assets are included in the sale
• Established secondary‑heating retailer serves 7 counties

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$83,022

Cap Rate

6.92%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,660,440 $1.7M

Cap Rate 7%

$1,186,029 $1.2M

Cap Rate 9%

$922,467 $922.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,136 SF

Gross rent

$132.5K $32.04/SF

− Vacancy

−$13.9K −$3.36/SF

EGI

$118.6K $28.68/SF

− OpEx

−$35.6K −$8.60/SF

NOI

$83.0K $20.07/SF

Area

Venango County, PA

Vacancy

10.50%

Lease Rate

$32.04 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,660,440

Cap Rate 7%

$1,186,029

Cap Rate 9%

$922,467

Alternative Uses

Best Use

Retail

$1.19M

$1.04M – $1.38M (±1% cap)

NOI $83,022 @ 7.0% cap · market cap 6.92%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.31M

$1.15M – $1.53M (±1% cap)

NOI $91,720 @ 7.0% cap · market cap 7.64%

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

Warm Home & Hearth Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Hair Salon Law Firm (Bike/Boat/Book/etc) Store

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

4,872 visits/mo 0.2 miles

Demographics for 16341, PA

1,975

Population

1,154

Households

1.7

Avg Household Size

47

Median Age

19%

College-Educated

91%

High-School Grad

74.3 sq mi

ZIP Area

27

Density / Sq Mi

$60,260

Median Household Income

$36,063

Median Earnings

$695

Median Rent

$109,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Retail space - The sale includes the real estate and business assets of an established secondary-heating retailer serving seven counties.

Where is this retail space located?

The property is located at 17275 Shreve Run Road Pleasantville, PA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 4,136‑square‑foot retail property built in 1980; Real estate and business assets are included in the sale; Established secondary‑heating retailer serves 7 counties