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    Blakely Mixed-Use Property For Sale Title is generated by Realmo AI

    250 Gravity St, Blakely, PA 18447

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    Mixed-use property suitable for retail, event, or office space.

    Type:Mixed Use, Office, Retail, Special Purpose
    Property size:
    1,191 SF
    Price / SF:
    $155/SF
    Added:
    Mar 23, 2026
    Days on Market:
    97
    Last Refresh:
    Mar 25 at 8:43 am

    Property Features for 250 Gravity St

    General Information

    Standard status
    Active
    Size
    1,191 SF
    Property subtype
    Mixed Use, Office, Retail, Special Purpose

    Building Details

    Year Built
    1955

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    Nell Donnelly-O’Boyle

    Listing office Dwell Real Estate

    Listing date Mar 23, 2026

    Source Crexi

    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 Dwell Real Estate

    HighLights

    • Versatile space suitable for retail, events, or office use.
    • Offers extra parking.
    • Built in 1955.
    • Features retail space.
    • Includes event space.
    • Also provides office space.

    Overview

    This mixed-use property in Blakely, Pennsylvania, offers 1191 square feet of space suitable for retail, event, or office use. The property also features extra parking. It can also be used as a specialty property.

    Local Financial Insights For Office B

    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 $23.9k $20.04
    − Vacancy −$3.5k −$2.91
    EGI $20.4k $17.13
    − OpEx −$5.1k −$4.28
    NOI $15.3k $12.85
    1,191 SF · lease $20.04/SF/yr · vacancy 14.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $218.6K
    $191.3K – $255.1K (±1% cap)
    NOI $15,305 @ 7.0% cap · market cap 8.28%
    Second Best
    Mixed Use
    $172.3K
    $150.7K – $201.0K (±1% cap)
    NOI $12,059 @ 7.0% cap · market cap 6.52%
    Theoretical Best
    Office A
    $302.3K
    $264.5K – $352.7K (±1% cap)
    NOI $21,161 @ 7.0% cap · market cap 11.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Blakely
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6035985
    Latitude
    41.4637528

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property suitable for retail, event, or office space.
    Where is this mixed-use property located?
    The property is located at 250 Gravity St Blakely, PA.
    What is the asking price?
    The asking price for this property is $184,900.
    What are key features of this property?
    This property features: Versatile space suitable for retail, events, or office use.; Offers extra parking.; Built in 1955.
    More about this property
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