Corner Drive-Through Retail
20 Locust Street, Nanticoke, PA 18634
COMMERCIAL - Ranch - Nanticoke, PA
Type:Apartment
Property size:
8,954 SFLot size:
0.88 AcresPrice / SF:
$245/SF- Added:
- Oct 29, 2025
- Days on Market:
- 247
- Last Refresh:
- Jul 2 at 4:06 pm
Property Features for 20 Locust Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Apartment
- Zoning
- Commercial
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Parking Lot
- Security features
- Security System
- Interior features
- Built-in Features, High Ceilings
- Appliances
- Built-In Freezer, Refrigerator, Built-In Refrigerator
- Standard status
- Active
- APN
- 42-J7NE4-011-018
- Size
- 8,954 SF
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Annual Amount
- 78111
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Concrete
- Roof type
- Rubber
- Architectural style
- Ranch
Listing agent Deanna M Mazzotta License #RS287335 (570) 493-5637
Listing office Keller Williams RE Hawley 2515 Route 6, Hawley, PA (570) 226-0500
Listing date Oct 29, 2025
MLS# PW-253611
Listing URL
Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Former Rite Aid corner commercial building with approximately 9,000 SF of open, flexible space
- Drive‑thru teller station plus an unloading area for drive‑up and service workflows
- Existing refrigeration and storage items include built‑in freezer, refrigerator, and built‑in refrigerator
- High ceilings and concrete construction with concrete flooring
- Central air and forced‑air natural gas heating; electric cooling
- Public water and public sewer; on‑site parking lot
Overview
This former Rite Aid corner building offers approximately 9,000 square feet of open and flexible space designed to support multiple retail and service concepts. The property includes existing refrigerators and shelving, along with an unloading area and a drive-through teller station, providing practical infrastructure for day-to-day operations. With a configuration that can adapt to different layouts, the building can suit retail, medical, grocery, or service use.
The property is located on a high-traffic corner at a main crossing, positioned for strong visibility and straightforward customer access. On-site parking is available for both customers and staff, supporting convenient arrivals and departures.
For tenants, operators, or buyers looking for a commercial building with built-in merchandising and drive-through functionality, this site offers a workable starting point. The combination of open floor space and the included refrigeration, shelving, unloading area, and drive-through infrastructure can reduce some upfront buildout requirements while allowing the space to be configured for a range of retail and service needs.
The property is located on a high-traffic corner at a main crossing, positioned for strong visibility and straightforward customer access. On-site parking is available for both customers and staff, supporting convenient arrivals and departures.
For tenants, operators, or buyers looking for a commercial building with built-in merchandising and drive-through functionality, this site offers a workable starting point. The combination of open floor space and the included refrigeration, shelving, unloading area, and drive-through infrastructure can reduce some upfront buildout requirements while allowing the space to be configured for a range of retail and service needs.
Local Financial Insights For Office B
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 | $260.0k | $29.04 |
| − Vacancy | −$49.4k | −$5.52 |
| EGI | $210.6k | $23.52 |
| − OpEx | −$52.7k | −$5.88 |
| NOI | $158.0k | $17.64 |
8,954 SF · lease $29.04/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.26M
$1.97M – $2.63M
NOI $157,965 @ 7.0% cap · market cap 7.18%
Second Best
Healthcare Medical
$1.52M
$1.33M – $1.77M
NOI $106,180 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$2.84M
$2.48M – $3.31M
NOI $198,564 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places Nearby
- Shungite, Miracle Stone — 147 W Church St, Nanticoke, PA 18634
- Rite Aid Pharmacy — 5 E Main St, Nanticoke, PA 18634
- Ann Konycki — 5 E Main St, Nanticoke, PA 186341607
- Nicole Corridoni — 5 E Main St, Nanticoke, PA 186341607
- MissiesBeautyRoom — 92 W Broad St, Nanticoke, PA 18634
Location Insight
- Map
- Local Demand
- City
- Nanticoke
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -76.004311
- Latitude
- 41.204865
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - Former Rite Aid corner building with open, flexible space plus drive-thru teller station and ample on-site parking.
Where is this drug store located?
The property is located at 20 Locust Street Nanticoke, PA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Former Rite Aid corner commercial building with approximately 9,000 SF of open, flexible space; Drive‑thru teller station plus an unloading area for drive‑up and service workflows; Existing refrigeration and storage items include built‑in freezer, refrigerator, and built‑in refrigerator
