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    Immaculate Industrial Building with Cranes Title is generated by Realmo AI

    2503 Main Street South, Mansfield, PA

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    For Sale
    $6,500,000

    Large industrial building with cranes, truck wash, and office space.

    Type:Industrial
    Property size:
    74,850 SF
    Price / SF:
    $86/SF
    Added:
    Sep 25, 2025
    Days on Market:
    286
    Last Refresh:
    Jun 28 at 9:42 pm

    Property Features for 2503 Main Street South

    General Information

    Standard status
    Active
    Size
    74,850 SF
    Property subtype
    Industrial

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    Michael J. Manzari, SIOR, CCIM

    Listing office Corning/Elmira Office

    Listing date Sep 25, 2025

    Source Pyramidbrokerage

    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 Corning/Elmira Office

    HighLights

    • 30' Clear Height
    • Equipped with 4 - 15 Ton Overhead Cranes
    • Features 8 At Grade Doors and 1 At Grade Door with Interior Dock & Leveler
    • Large Fenced In Area with Concrete/Gravel Parking Lot
    • Extensive Office Space: 19 Front Offices and 8 Rear Shop Offices
    • Truck Wash Bay

    Overview

    Constructed in 2013, this large industrial building offers 74,850 square feet of space. The building features eight at-grade doors, and one at-grade door with an interior dock and leveler. It is equipped with four 15-ton overhead cranes and five jib cranes, each with a 1-3 ton capacity. A truck wash bay is also included. The building provides a 30-foot clear height. The front office area comprises 19 offices, a secure reception area, conference rooms, a kitchen/break room, two ADA restrooms, and a data room. The rear offices for the shop include eight offices, one ADA restroom, and a kitchen/break area. The property includes a large fenced-in area with a concrete/gravel parking lot. Formerly a Cameron facility, the building is in immaculate condition.

    Local Financial Insights For Warehouse

    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 $660.9k $8.83
    − Vacancy −$37.0k −$0.49
    EGI $623.9k $8.34
    − OpEx −$93.6k −$1.25
    NOI $530.3k $7.09
    74,850 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $7.58M
    $6.63M – $8.84M (±1% cap)
    NOI $530,327 @ 7.0% cap · market cap 8.16%
    Second Best
    Industrial
    $6.24M
    $5.46M – $7.28M (±1% cap)
    NOI $436,740 @ 7.0% cap · market cap 6.72%
    Theoretical Best
    Healthcare Medical
    $12.75M
    $11.16M – $14.88M (±1% cap)
    NOI $892,532 @ 7.0% cap · market cap 13.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Locksmith Garden Center Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Gym & Fitness Center Accounting Firm Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Tioga
    State
    Pennsylvania
    Longitude
    -77.0781
    Latitude
    41.7643

    FAQs

    What type of property is this?
    Manufacturing property - Large industrial building with cranes, truck wash, and office space.
    Where is this manufacturing property located?
    The property is located at 2503 Main Street South Mansfield, PA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: 30' Clear Height; Equipped with 4 - 15 Ton Overhead Cranes; Features 8 At Grade Doors and 1 At Grade Door with Interior Dock & Leveler
    More about this property
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