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Retail/Office Space with Garage
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2357 E 3RD STREET, Williamsport, PA 17701

Approximately 1,150 SF retail/office space with an additional 400 SF garage/warehouse, plus ample on-site parking.

Property Size1,500 SF
Price / SF$0.02
Days on Market114

Property Features for 2357 E 3RD STREET

General Information

Standard status Active
Size 1,500 SF
Property subtype Commercial

Building Details

Year Built 2004
Listing Agency: Fish Real Estate, Inc.
Listed By: Brent Fish · License #RM420632
Source: Cummingsrealtors
Added: Jun 30 Changed: Oct 21 Last Checked: Oct 20 at 11:15PM

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 Fish Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This offering includes approximately 1,150 SF of retail/office space designed for flexible day-to-day use. An additional 400 SF garage/warehouse area is included or can be separated from the lease, providing room for storage, light operational needs, or complementary back-of-house functions. The space is described as having excellent visibility and convenient access for customers and visitors.

Located at 2357 E 3RD STREET in Williamsport, Pennsylvania, the property sits directly on the Golden Strip and is positioned across from Woodlands Bank. The public remarks also note a high-traffic setting, which can support a range of retail, office, or service uses. Ample on-site parking is available to support both storefront traffic and tenant operations.

Overall, the configuration supports a primary retail/office presence with an optional garage/warehouse component for added functional flexibility.

Key Highlights

  • Retail/office space totaling approximately 1,150 SF
  • Includes an additional approximately 400 SF garage/warehouse, available to be separated from the lease
  • On‑site parking included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,752
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,040 $175.0K
Cap Rate 7%
$125,029 $125.0K
Cap Rate 9%
$97,244 $97.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$13.2K $8.83/SF
− Vacancy
−$742 −$0.49/SF
EGI
$12.5K $8.34/SF
− OpEx
−$3.8K −$2.50/SF
NOI
$8.8K $5.83/SF
Area
Lycoming County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,040
Cap Rate 7%
$125,029
Cap Rate 9%
$97,244

Alternative Uses

Best Use
Retail
$193.3K
$169.2K – $225.5K (±1% cap)
NOI $13,532 @ 7.0% cap · market cap 54,128.00%
Second Best
Flex RnD
$149.9K
$131.2K – $174.9K (±1% cap)
NOI $10,493 @ 7.0% cap · market cap 41,972.00%
Theoretical Best
Office A
$323.3K
$282.9K – $377.1K (±1% cap)
NOI $22,628 @ 7.0% cap · market cap 90,512.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Hair Salon Law Firm Real Estate Agency Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Balanced
Demand for This Use

Demographics for 17701, PA

43,197
Population
20,891
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
98.0 sq mi
ZIP Area
441
Density / Sq Mi
$52,770
Median Household Income
$33,643
Median Earnings
$869
Median Rent
$176,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Approximately 1,150 SF retail/office space with an additional 400 SF garage/warehouse, plus ample on-site parking.
Where is this flex space located?
The property is located at 2357 E 3RD STREET Williamsport, PA.
What are key features of this property?
This property features: Retail/office space totaling approximately 1,150 SF; Includes an additional approximately 400 SF garage/warehouse, available to be separated from the lease; On‑site parking included
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