Storefront Property with Three
New
For Sale
$497,000
207 N CENTRE STREET, Pottsville, PA 17901
Three downtown storefront buildings on N Centre St next to the Majestic Theater, needing rehab.
Property Size5,820 SF
Price / SF$85.40
Days on Market6
Property Features for 207 N CENTRE STREET
General Information
Standard status
Active
Size
5,820 SF
Property subtype
Commercial
Building Details
Year Built
1850
Buildings
3
Listing Agency:
Century 21 Ryon Real Estate
(484) 545-8075
Listed By:
Lazarus J Melan
(484) 545-8075
Source:
Cummingsrealtors
Added: Jul 26
Changed: Jul 30
Last Checked: Jul 30 at 5:59PM
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 Century 21 Ryon Real Estate
Investment Insights
Based on property information with market context.
This storefront property includes three commercial buildings on N Centre St in downtown Pottsville, positioned next to the Majestic Theater. The buildings are in need of rehab, offering a development opportunity for a range of potential uses.
The combined property size is 5,820 SF, and the buildings were constructed in 1850. The location in downtown Pottsville places the property in the heart of the local retail and entertainment corridor, with direct proximity to the Majestic Theater.
With three separate buildings in place, the site can support adaptive reuse or re-tenanting strategies that align with redevelopment goals in the area. Buyers should plan for renovation work to bring the buildings to their next use.
The combined property size is 5,820 SF, and the buildings were constructed in 1850. The location in downtown Pottsville places the property in the heart of the local retail and entertainment corridor, with direct proximity to the Majestic Theater.
With three separate buildings in place, the site can support adaptive reuse or re-tenanting strategies that align with redevelopment goals in the area. Buyers should plan for renovation work to bring the buildings to their next use.
Key Highlights
- Includes three commercial buildings on N Centre St in downtown Pottsville
- Located next to the Majestic Theater
- Buildings require rehab and offer development opportunity
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 | $66.3k | $11.40 |
| − Vacancy | −$7.0k | −$1.20 |
| EGI | $59.4k | $10.20 |
| − OpEx | −$17.8k | −$3.06 |
| NOI | $41.6k | $7.14 |
5,820 SF · lease $11.40/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$593.8K
$519.6K – $692.8K
NOI $41,567 @ 7.0% cap · market cap 8.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$873.0K
$763.9K – $1.02M
NOI $61,110 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,424
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 39%
KFC
Dining
17,968 visits/mo
0.4 miles
Sunoco
Shops & Services
15,474 visits/mo
0.2 miles
Dollar General
Shops & Services
8,103 visits/mo
0.1 miles
7-Eleven
Shops & Services
5,813 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,429 visits/mo
0.4 miles
Demographics for 17901, PA
22,608
Population
11,067
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
79.4 sq mi
ZIP Area
285
Density / Sq Mi
$61,632
Median Household Income
$40,942
Median Earnings
$819
Median Rent
$130,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Pod & Petal — 17 N Centre St, Pottsville, PA 17901
Frequently Asked Questions
What type of property is this?
Storefront property - Three downtown storefront buildings on N Centre St next to the Majestic Theater, needing rehab.
Where is this storefront property located?
The property is located at 207 N CENTRE STREET Pottsville, PA.
What is the asking price?
The asking price for this property is $497,000.
What are key features of this property?
This property features: Includes three commercial buildings on N Centre St in downtown Pottsville; Located next to the Majestic Theater; Buildings require rehab and offer development opportunity
