Single-Story Retail/Office
For Sale
$148,500
2 Riverside Plaza, Blossburg, PA 16912
Single-level commercial unit in Riverside Plaza with private restroom, natural gas heat, and central air conditioning.
Property Size2,500 SF
Price / SF$59.40
Days on Market100
Property Features for 2 Riverside Plaza
General Information
Standard status
Active
Size
2,500 SF
Amenities
private restroom
Building Details
Year Built
1975
Stories
1
Listing Agency:
RE/MAX 1st Advantage
Listed By:
Robert J. Hoobler · License #AB065450
(717) 920-6400
Source:
Kandorre
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 7 at 4:11PM
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 RE/MAX 1st Advantage
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Investment Insights
Based on property information with market context.
This single-level storefront/office suite is approximately 2,500 square feet and is laid out for everyday customer and staff use. The space includes a private restroom and is equipped with natural gas heating and central air conditioning for year-round comfort.
The unit is located within Riverside Plaza in Blossburg, benefiting from an established shopping center environment and convenient customer access with parking. The property is described as having strong local presence and visibility within Tioga County, and it was formerly occupied by Blossburg Pharmacy.
The flexible floor plan is intended to support a range of commercial uses, including retail, office, medical, and service-oriented operations, depending on an occupant’s needs.
The unit is located within Riverside Plaza in Blossburg, benefiting from an established shopping center environment and convenient customer access with parking. The property is described as having strong local presence and visibility within Tioga County, and it was formerly occupied by Blossburg Pharmacy.
The flexible floor plan is intended to support a range of commercial uses, including retail, office, medical, and service-oriented operations, depending on an occupant’s needs.
Key Highlights
- Approximately 2,500 SF single‑level retail/commercial space in Riverside Plaza, Blossburg
- Previously Blossburg Pharmacy; flexible layout suited for retail, office, medical, or service uses
- Private restroom and customer‑accessible single‑story design for day‑to‑day operations
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
10k
Monthly Visits Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Single-level commercial unit in Riverside Plaza with private restroom, natural gas heat, and central air conditioning.
Where is this storefront property located?
The property is located at 2 Riverside Plaza 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: Approximately 2,500 SF single‑level retail/commercial space in Riverside Plaza, Blossburg; Previously Blossburg Pharmacy; flexible layout suited for retail, office, medical, or service uses; Private restroom and customer‑accessible single‑story design for day‑to‑day operations
