Four-Unit Mixed-Use
For Sale
$325,000
211 W Main St, Bloomsburg, PA 17815
Fully leased property combines an ADA-accessible storefront with three one-bedroom apartments and off-street parking.
Property Size2,908 SF
Price / SF$111.76
Days on Market92
Property Features for 211 W Main St
General Information
Standard status
Active
Size
2,908 SF
Occupancy
100%
Units
Unit Mix
3 x 1BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,801
Amenities
off-street parking
handicap-accessible commercial storefront
Building Details
Tenancy
Multi
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES HODRICK REALTY-DANV
(570) 204-3972
Listed By:
CARLA J FARLEY
(570) 204-3972
Source:
Exprealty
Added: Jun 1
Changed: Aug 30
Last Checked: Aug 31 at 6:31PM
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 BERKSHIRE HATHAWAY HOMESERVICES HODRICK REALTY-DANV
Investment Insights
Based on property information with market context.
This 2,908-square-foot mixed-use property contains four units, including a handicap-accessible commercial storefront and three one-bedroom apartments. The commercial component offers a street-level business setting, while the residential portion provides three separate apartment units. Off-street parking is included, and the property is currently fully leased.
Located at 211 W Main St in Bloomsburg, the property is positioned in the town center near local shops, restaurants, and services. Its combination of commercial and residential space creates a compact income-producing configuration with an established tenant base.
Located at 211 W Main St in Bloomsburg, the property is positioned in the town center near local shops, restaurants, and services. Its combination of commercial and residential space creates a compact income-producing configuration with an established tenant base.
Key Highlights
- 2,908‑square‑foot mixed‑use property at 211 W Main St, Bloomsburg, PA
- Four total units: one commercial storefront and three one‑bedroom apartments
- Handicap‑accessible commercial storefront with ADA features
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,572
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,440
$311.4K
Cap Rate 7%
$222,457
$222.5K
Cap Rate 9%
$173,022
$173.0K
Market Conditions
NOI Build-Up for 2,908 SF
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.
Gross rent
$26.2K $9.00/SF
− Vacancy
−$1.3K −$0.43/SF
EGI
$24.9K $8.57/SF
− OpEx
−$9.3K −$3.21/SF
NOI
$15.6K $5.35/SF
Area
Columbia County, PA
Vacancy
4.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,440
Cap Rate 7%
$222,457
Cap Rate 9%
$173,022
Alternative Uses
Best Use
Retail
$581.4K
$508.7K – $678.3K
NOI $40,696 @ 7.0% cap · market cap 12.52%
Second Best
Apartment 5plus
$439.4K
$384.5K – $512.6K
NOI $30,757 @ 7.0% cap · market cap 9.46%
Theoretical Best
Office A
$975.0K
$853.1K – $1.14M
NOI $68,250 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased property combines an ADA-accessible storefront with three one-bedroom apartments and off-street parking.
Where is this mixed-use property located?
The property is located at 211 W Main St Bloomsburg, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,908‑square‑foot mixed‑use property at 211 W Main St, Bloomsburg, PA; Four total units: one commercial storefront and three one‑bedroom apartments; Handicap‑accessible commercial storefront with ADA features
