Four-Bay Automotive
For Sale
$899,000
2473 N Center Avenue, Somerset, PA 15501
CommercialSale, Lincoln Twp, PA
Property Size6,000 SF
Lot Size6.34 Acres
Price / SF$149.83
Days on Market206
Property Features for 2473 N Center Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
NZ
Zoning description
NZ
Parking
20
Directions
Traveling in Somerset travel on N Center Ave. Continue North passing 219 interchange and Walmart entrance. Property appx 1/2 mile ahead on left.
Subdivision
Lincoln Twp
Standard status
Active
Lot size
6.34 Acres
Taxes and HOA fees
Tax Annual Amount
6170
Amenities
office space
break room
Building Details
Year built
1991
Building materials
Steel
Listing Agency:
REALTY ONE GROUP LANDMARK
(814) 483-8467
Listed By:
Lee Hoffman · License #RS319190
(814) 290-7564
Added: Apr 6
Changed: Oct 21
Last Checked: Oct 28 at 2:06AM
MLS# 1746837
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property includes a 6,000-square-foot steel building constructed in 1991 and arranged as a four-bay automotive shop. Interior improvements include office areas and a break room, while the building is currently used for an automotive business. The existing layout supports continued automotive operations or adaptation for other business uses.
Located at 2473 N Center Avenue in Lincoln Twp, Pennsylvania, the parcel includes primarily level land extending behind the building. That rear area is currently used for additional parking. The property is designated NZ zoning and provides a substantial commercial site with an established building and functional support areas.
Located at 2473 N Center Avenue in Lincoln Twp, Pennsylvania, the parcel includes primarily level land extending behind the building. That rear area is currently used for additional parking. The property is designated NZ zoning and provides a substantial commercial site with an established building and functional support areas.
Key Highlights
- 6,000‑square‑foot automotive building
- Four‑bay garage configuration
- Office areas and break room included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,009
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,180
$700.2K
Cap Rate 7%
$500,129
$500.1K
Cap Rate 9%
$388,989
$389.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$53.0K $8.83/SF
− Vacancy
−$3.0K −$0.49/SF
EGI
$50.0K $8.34/SF
− OpEx
−$15.0K −$2.50/SF
NOI
$35.0K $5.83/SF
Area
Somerset 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%
$700,180
Cap Rate 7%
$500,129
Cap Rate 9%
$388,989
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.14M
NOI $128,512 @ 7.0% cap · market cap 14.29%
Second Best
Industrial
$500.1K
$437.6K – $583.5K
NOI $35,009 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,056 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Service bays
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
3,353 visits/mo
0.2 miles
Demographics for 15501, PA
16,277
Population
7,656
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
89%
High-School Grad
132.0 sq mi
ZIP Area
123
Density / Sq Mi
$55,797
Median Household Income
$35,311
Median Earnings
$731
Median Rent
$162,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Auto shop - Steel construction includes office areas, a break room, and additional parking space.
Where is this auto shop located?
The property is located at 2473 N Center Avenue Somerset, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 6,000‑square‑foot automotive building; Four‑bay garage configuration; Office areas and break room included
