2473 N Center Ave Somerset, PA 15501
A 4-bay garage building with office space and a break room, currently operating as a high-performance automotive business.
Property Features for 2473 N Center Ave
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 6.30 Acres
Listing office REALTY ONE GROUP LANDMARK SOMERSET (814) 279-1733
Listing date Apr 7, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
The parcel totals 6.3 acres and extends to the rear of the property. The land is mainly level and is currently used as additional parking, with stated potential for further development.
For buyers or tenants looking for a functional automotive-focused workspace combined with dedicated office and support space, this property offers an existing garage setup and flexible interior areas within a larger, level site.
Key Highlights
- 6,000 SF building currently used as a high‑performance automotive business
- 4‑bay garage building with office space plus offices and a break room
- 6.3‑acre parcel with land that extends to the rear of the property
Local Financial Insights For Industrial
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 | $53.0k | $8.83 |
| − Vacancy | −$3.0k | −$0.49 |
| EGI | $50.0k | $8.34 |
| − OpEx | −$15.0k | −$2.50 |
| NOI | $35.0k | $5.83 |
Alternative Uses
Property Analytics
Current Use by Public Records
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