Turn-Key Scuba Retail
2501 Penn Ave West Lawn, PA 19609
New
2501 Penn Ave, West Lawn, PA, 19609
$650,000
For Sale
$650,000
Turn-key scuba diving center business includes training, equipment sales, rentals, service, and a dedicated parking lot.
Property Size5,000 SF
Price / SF$130
Days on Market2
Property Features for 2501 Penn Ave
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Business Opportunity
Building Details
- Year Built
- 1950
Listing agency
Iron Valley Real Estate of Berks
(610) 908-7033
Listed by
John W Griffin · License #RS291640
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 11:24AM Checked: Jul 22 at 11:24AM
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 Iron Valley Real Estate of Berks
Investment Insights
Based on property information with market context.
A turn-key scuba diving center business is available, operated as a complete business package (business only; property and building are not included). The operation is set up for immediate continuation with established systems and channels, including staff, inventory, website, and marketing already in place. The business supports scuba training and certification courses, along with equipment sales, gear rentals and service, and dive travel adventures.
The center has operated at its current high-visibility location for more than 26 years. It also includes convenient customer parking with a dedicated lot for approximately 15 vehicles, plus additional street parking.
This offering is positioned as a specialized retail and services operation focused on recreational scuba, backed by long-term local presence and continued customer demand through multiple revenue streams.
The center has operated at its current high-visibility location for more than 26 years. It also includes convenient customer parking with a dedicated lot for approximately 15 vehicles, plus additional street parking.
This offering is positioned as a specialized retail and services operation focused on recreational scuba, backed by long-term local presence and continued customer demand through multiple revenue streams.
Key Highlights
- Established scuba diving center business available as a complete turn‑key operation (business only, not including property or building)
- Offers scuba training, equipment sales, rentals, service, and dive travel adventures
- Runs certification courses from Open Water through Instructor levels for multiple training revenue streams
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 | $75.6k | $15.12 |
| − Vacancy | −$3.2k | −$0.64 |
| EGI | $72.4k | $14.48 |
| − OpEx | −$21.7k | −$4.35 |
| NOI | $50.7k | $10.14 |
5,000 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$724.2K
$633.7K – $845.0K
NOI $50,697 @ 7.0% cap · market cap 7.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$820.8K
$718.2K – $957.6K
NOI $57,456 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
CORNER VAPE & SMOKE ...
Grocery & Convenience Store
Scuba Venture Inc
(Bike/Boat/Book/etc) Store
Unbank Bitcoin ATM
Atm
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FAQs
What type of property is this?
School - Turn-key scuba diving center business includes training, equipment sales, rentals, service, and a dedicated parking lot.
Where is this school located?
The property is located at 2501 Penn Ave West Lawn, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Established scuba diving center business available as a complete turn‑key operation (business only, not including property or building); Offers scuba training, equipment sales, rentals, service, and dive travel adventures; Runs certification courses from Open Water through Instructor levels for multiple training revenue streams
