245 Main Street Blossburg, PA 16912
COMMERCIAL - Blossburg, PA
Property Features for 245 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1
- Standard status
- Active
- Size
- 4,760 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1915
Listing agent Scott Faust (570) 404-2920
Listing office Cowanesque Lake Realty LLC 174 Water Tower Road Suite 3, Lawrenceville, PA (570) 944-0101
Listing date Mar 2, 2026
Copyright © 2026 Northern Mountains of Pennsylvania MLS. 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.
The upstairs has been fully renovated and is described as a studio apartment, which may support owner occupancy or additional rental income. The building is located at 245 Main Street in Blossburg, Pennsylvania, in Tioga County.
With its existing leased income and updated building components, this property is presented as a long-standing landmark opportunity suited for buyers looking for a mixed-use configuration.
Key Highlights
- 1915 historic landmark building in Tioga County, originally a neighborhood bank, later used as borough offices and a health clinic
- 3 active leases in place, providing immediate income
- Professionally seal‑coated roof and fresh paint, plus front windows scraped and recaulked
Local 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 | $38.3k | $8.04 |
| − Vacancy | −$3.1k | −$0.64 |
| EGI | $35.2k | $7.40 |
| − OpEx | −$10.6k | −$2.22 |
| NOI | $24.6k | $5.18 |
