Renovated Warehouse and Flex
2 TITUSVILLE Road Union City, PA 16438
2 TITUSVILLE Road, Union City, PA, 16438
$399,000
For Sale
$399,000
Renovated 2,400 sq ft building on 1.55 acres with improved visibility across from a Kwik Fil.
Property Size2,400 SF
Price / SF$166.25
Days on Market161
Property Features for 2 TITUSVILLE Road
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1969
Listing agency
The Pro Group
(814) 449-7263
Listed by
Weichert Realtors
(814) 449-7263
Source
Xome
Added: Feb 11 Updated: Jul 22 at 7:57AM Checked: Jul 22 at 7:57AM
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 The Pro Group
Investment Insights
Based on property information with market context.
This renovated warehouse and flex-use property has been newly sided, with older exterior cribs removed, resulting in improved visibility and a refreshed exterior appearance. The offering includes a 2,400 sq ft building situated on 1.55 acres, providing space that can support a range of commercial uses.
The property is located in Union City, Pennsylvania on Titusville Road, across from a Kwik Fil (described as having heavy traffic). The surrounding mix referenced in the listing includes retail, a veterinary clinic, a garden center, warehouse operations, and vehicle storage.
With the combination of a renovated exterior and acreage for on-site operations, this is a practical option for users seeking a warehouse-style building and flexible space for a variety of commercial activities. The listing also notes the property is available for lease.
The property is located in Union City, Pennsylvania on Titusville Road, across from a Kwik Fil (described as having heavy traffic). The surrounding mix referenced in the listing includes retail, a veterinary clinic, a garden center, warehouse operations, and vehicle storage.
With the combination of a renovated exterior and acreage for on-site operations, this is a practical option for users seeking a warehouse-style building and flexible space for a variety of commercial activities. The listing also notes the property is available for lease.
Key Highlights
- Renovated 2,400 SF building on 1.55 acres in Union City
- Improved visibility after exterior siding renovations and removal of old exterior cribs
- Located across from a Kwik Fil
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 | $43.2k | $18.00 |
| − Vacancy | −$4.5k | −$1.89 |
| EGI | $38.7k | $16.11 |
| − OpEx | −$11.6k | −$4.83 |
| NOI | $27.1k | $11.28 |
2,400 SF · lease $18.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$386.6K
$338.3K – $451.1K
NOI $27,065 @ 7.0% cap · market cap 6.78%
Second Best
Warehouse
$257.5K
$225.3K – $300.4K
NOI $18,024 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$595.4K
$521.0K – $694.7K
NOI $41,679 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Renovated 2,400 sq ft building on 1.55 acres with improved visibility across from a Kwik Fil.
Where is this warehouse located?
The property is located at 2 TITUSVILLE Road Union City, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Renovated 2,400 SF building on 1.55 acres in Union City; Improved visibility after exterior siding renovations and removal of old exterior cribs; Located across from a Kwik Fil
