Single-Story Retail/Office
2 Riverside Plaza Blossburg, PA 16912
New
2 Riverside Plaza, Blossburg, PA, 16912
$165,000
For Sale
$165,000
Single-level commercial unit in Riverside Plaza with private restroom, natural gas heat, and central air conditioning.
Property Size2,500 SF
Price / SF$66
Days on Market2
Property Features for 2 Riverside Plaza
General Information
- Standard status
- Active
- Size
- 2,500 SF
Building Details
- Year Built
- 1975
Listing agency
RE/MAX 1st Advantage
(717) 591-5555
Listed by
Robert J. Hoobler · License #AB065450
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 6:46PM Checked: Jul 22 at 6:46PM
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
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.1k | $8.04 |
| − Vacancy | −$1.6k | −$0.64 |
| EGI | $18.5k | $7.40 |
| − OpEx | −$5.5k | −$2.22 |
| NOI | $12.9k | $5.18 |
2,500 SF · lease $8.04/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Healthcare Medical
$425.9K
$372.6K – $496.9K
NOI $29,811 @ 7.0% cap · market cap 18.07%
Second Best
Office B
$321.4K
$281.3K – $375.0K
NOI $22,500 @ 7.0% cap · market cap 13.64%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
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 $165,000.
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
