Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1743 DEWEY Avenue Williamsport, PA 17701

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $325,000

    5100 SF two-story building on 0.22 acre site.

    Property size:
    5,168 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $62/SF
    Added:
    Sep 16, 2024
    Days on Market:
    586
    Last Refresh:
    Apr 1 at 8:32 pm

    Property Features for 1743 DEWEY Avenue

    General Information

    Standard status
    Active
    Size
    5,168 SF
    Lot size
    0.22 Acres
    Property subtype
    Other

    Building Details

    Year Built
    1936

    We can help!

    Listing Contact
    Tiffany Cioffi

    Listing agent Tiffany Cioffi

    Listing office FISH COMMERCIAL GROUP

    Listing date Sep 16, 2024

    Source Xome

    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 COMMERCIAL GROUP

    Overview

    Two-Story Building in Williamsport

    This is a two-story free-standing building with approximately 5100 square feet of space, situated on a 0.22 acre site. The property includes private parking and offers convenient access to the highway. The building is suitable for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bostley's Child Care ... Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -77.0484002
    Latitude
    41.2512105

    Nearby Similar for Sale

    • $194,900
      2,912 SF

      Newberry Duplex: Investment Opportunity

      Turnkey duplex in Newberry with long-term tenants and immediate cashflow.
      2223-2225 W 3RD Street, Williamsport, PA 17701
      View Details
    • $195,000
      2,752 SF

      Well-Maintained Williamsport Duplex For Sale

      Fully occupied duplex on Park Avenue, great for rental income.
      1045-1047 PARK Avenue, Williamsport, PA 17701
      View Details
    • $179,900
      1,597 SF

      Income-Producing Duplex Near College

      Fully occupied duplex near college, offering immediate cash flow.
      1035 MEMORIAL Avenue, Williamsport, PA 17701
      View Details
    • $275,000
      2,960 SF

      Williamsport Triplex Investment Opportunity

      Turnkey triplex generating $33,600 annually in Williamsport, Pennsylvania.
      854-856 MEMORIAL Avenue, WILLIAMSPORT, PA 17701
      View Details
    • $225,000

      Williamsport Commercial Building For Sale

      Commercial building for sale in Williamsport, Pennsylvania.
      25 Ross Street, Williamsport, PA 17701
      View Details
    • $570,000
      1,296 SF

      High-Income Multi-Unit Investment Property

      Turnkey investment property generating over $95,000 annually.
      731 GRACE Street, Williamsport, PA 17701
      View Details
    • $150,000
      2,064 SF

      Williamsport Multifamily Investment Opportunity

      Two-unit property near Pennsylvania College of Technology, fully rented.
      420 ROSE Street, Williamsport, PA 17701
      View Details
    • $114,900
      2,400 SF

      Williamsport Duplex on Large Lot

      Duplex on a large lot near employment and recreation.
      125-127 LAWSON Street, Williamsport, PA 17701
      View Details
    • $92,500
      1,708 SF

      Williamsport Duplex with Fenced Yard

      Duplex with newer utilities, month-to-month tenants, and fenced yard.
      716 GRACE Street, Williamsport, PA 17701
      View Details
    • $385,000
      3,796 SF

      Commercial Space in High Traffic Location

      Commercial space suitable for a restaurant or business with income potential.
      32 W Southern Ave, Williamsport, PA
      View Details
    • $485,000

      Versatile Commercial Building in Williamsport

      Commercial building with office, warehouse, and cooler space.
      760 Arnold Street, Williamsport, PA 17701
      View Details
    • $325,000

      Williamsport Commercial Building For Sale

      Two-story, 5100 SF building on 0.22 acre lot.
      1743 Dewey Avenue, Williamsport, PA 17701
      View Details

    FAQs

    What type of property is this?
    Office building - 5100 SF two-story building on 0.22 acre site.
    Where is this office building located?
    The property is located at 1743 DEWEY Avenue Williamsport, 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: +/- 5100 SF two‑story free‑standing building; Great location for business; 0.22 acre site
    (570) 326-4067
    We can help!
    Listing Contact
    Tiffany Cioffi
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!