Street-Level Retail and Four
202 W 3RD Street Mifflinville, PA 18631
202 W 3RD Street, Mifflinville, PA, 18631
$655,000
For Sale
$655,000
COMMERCIAL - Mifflinville, PA
Property Size5,920 SF
Lot Size0.32 Acres
Price / SF$110.64
Days on Market97
Property Features for 202 W 3RD Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm mixed use
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 7, Bathroom 2, Bathroom 4
- Standard status
- Active
- APN
- 23-05A-037-00,000
- Size
- 5,920 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5285
Building Details
- Year built
- 1900
Listing Agency
EXP Realty, LLC
(888) 397-7352
2184 Montour Boulevard, Pittsburgh, PA
Listed by
JANAE CALARCO · License #RS359472
(570) 441-4195
Added: Apr 13 Checked: Jul 18 at 10:06 am
MLS# C-928
Copyright © 2026 Central Susquehanna Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property includes a street-level retail storefront currently operating as an ice cream shop, along with four fully renovated and occupied rental units located throughout the building. The setup allows retail and residential tenants to coexist within a single investment structure, with the residential units spread beyond just the upper levels.
The property is zoned “Comm mixed use.” At 202 W 3rd Street in Mifflinville, it sits on approximately 0.32 acres and totals about 5,920 square feet. The listing notes ample parking on-site, supporting convenience for both customers visiting the storefront and residents.
For tenants, buyers, or operators considering this asset, the in-place retail space offers an easy path for continued ice cream operations or for a new operator to reposition the storefront concept within the existing street-level layout. The four renovated, occupied units can support an owner seeking a property with multiple income streams already established through in-place occupancy. With parking and mixed-use design under a commercial mixed-use zoning designation, this property is positioned for practical, everyday convenience across retail and residential uses.
The property is zoned “Comm mixed use.” At 202 W 3rd Street in Mifflinville, it sits on approximately 0.32 acres and totals about 5,920 square feet. The listing notes ample parking on-site, supporting convenience for both customers visiting the storefront and residents.
For tenants, buyers, or operators considering this asset, the in-place retail space offers an easy path for continued ice cream operations or for a new operator to reposition the storefront concept within the existing street-level layout. The four renovated, occupied units can support an owner seeking a property with multiple income streams already established through in-place occupancy. With parking and mixed-use design under a commercial mixed-use zoning designation, this property is positioned for practical, everyday convenience across retail and residential uses.
Key Highlights
- Street‑level ice cream shop with an opportunity to operate the business or convert the space to another storefront concept
- 4 fully renovated and occupied rental units providing immediate rental income
- Building built in 1900
Local Financial Insights For Mixed Use
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 | $53.3k | $9.00 |
| − Vacancy | −$2.6k | −$0.43 |
| EGI | $50.7k | $8.57 |
| − OpEx | −$19.0k | −$3.21 |
| NOI | $31.7k | $5.35 |
5,920 SF · lease $9.00/SF/yr · vacancy 4.80% · expense 37.50%
Alternative Uses
Best Use
Specialty Retail
$1.12M
$982.6K – $1.31M
NOI $78,605 @ 7.0% cap · market cap 12.00%
Second Best
Multifamily LT 5
$1.01M
$879.7K – $1.17M
NOI $70,378 @ 7.0% cap · market cap 10.74%
Theoretical Best
Office A
$1.98M
$1.74M – $2.32M
NOI $138,940 @ 7.0% cap · market cap 21.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Max's Ice Cream ...
Grocery & Convenience Store
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with a street-level ice cream shop and four fully renovated, occupied rental units.
Where is this mixed-use property located?
The property is located at 202 W 3RD Street Mifflinville, PA.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Street‑level ice cream shop with an opportunity to operate the business or convert the space to another storefront concept; 4 fully renovated and occupied rental units providing immediate rental income; Building built in 1900
