Single-Level Retail
For Sale
$148,500
2 Riverside, Blossburg, PA 16912
The suite has an open layout, a private restroom, natural gas heat, and central air conditioning.
Property Size2,500 SF
Price / SF$59.40
Days on Market169
Property Features for 2 Riverside
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Commercial
Amenities
private restroom
natural gas heating
central air conditioning
Building Details
Building Size
2,500 SF
Year Built
1975
Listing Agency:
Remax 1st Advantage
(717) 591-5555
Listed By:
Robert Hoobler
(717) 920-6400
Source:
Cowanesquelakerealty
Added: May 12
Changed: Oct 27
Last Checked: Oct 26 at 3:36AM
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 Remax 1st Advantage
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 2,500-square-foot retail suite occupies a single level within Riverside Plaza, an established shopping center in Blossburg. The open layout includes a private restroom, natural gas heating, and central air conditioning. The building dates to 1975.
The property is in a shopping center setting near local routes, residential areas, and other businesses. Its existing storefront configuration supports commercial occupancy without relying on a specific business use.
The property is in a shopping center setting near local routes, residential areas, and other businesses. Its existing storefront configuration supports commercial occupancy without relying on a specific business use.
Key Highlights
- 2,500 square feet of retail space
- Single‑level suite within Riverside Plaza
- Open layout with a private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,944
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,880
$258.9K
Cap Rate 7%
$184,914
$184.9K
Cap Rate 9%
$143,822
$143.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$20.1K $8.04/SF
− Vacancy
−$1.6K −$0.64/SF
EGI
$18.5K $7.40/SF
− OpEx
−$5.5K −$2.22/SF
NOI
$12.9K $5.18/SF
Area
Tioga County, PA
Vacancy
8.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,880
Cap Rate 7%
$184,914
Cap Rate 9%
$143,822
Alternative Uses
Best Use
Retail
$184.9K
$161.8K – $215.7K
NOI $12,944 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$425.9K
$372.6K – $496.9K
NOI $29,811 @ 7.0% cap · market cap 20.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Home Improvements & Furnishings 17%
Kwik Fill
Shops & Services
4,846 visits/mo
0.2 miles
Dollar General
Shops & Services
3,303 visits/mo
0.1 miles
Bloss Hardware
Home Improvements & Furnishings
1,694 visits/mo
0.2 miles
Demographics for 16912, PA
2,060
Population
1,075
Households
1.9
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
22.2 sq mi
ZIP Area
93
Density / Sq Mi
$67,768
Median Household Income
$38,500
Median Earnings
$990
Median Rent
$135,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The suite has an open layout, a private restroom, natural gas heat, and central air conditioning.
Where is this retail space located?
The property is located at 2 Riverside Blossburg, PA.
What is the asking price?
The asking price for this property is $148,500.
What are key features of this property?
This property features: 2,500 square feet of retail space; Single‑level suite within Riverside Plaza; Open layout with a private restroom
