Established Auto Shop For
For Sale
$2,000,000
2601 Front St W, Berwick, PA 18603
Commercial building with high visibility and operational infrastructure.
Property Size15,627 SF
Price / SF$127.98
Days on Market99
Property Features for 2601 Front St W
General Information
Standard status
Active
Size
15,627 SF
Building Details
Year Built
1985
Listing Agency:
Pro Real Estate Services, Inc.
(570) 784-4499
Listed By:
Mark E Humphreys · License #RM425322
Source:
Kandorre
Added: May 17
Changed: Aug 23
Last Checked: Aug 22 at 4:10AM
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 Pro Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This commercial building, currently operating as a body shop for 45 years, is available for sale. The facility is fully equipped and ready to operate. It is situated in a high-visibility, easily accessible location. The property features a large office area, ample space for operations, multiple work areas, and the infrastructure needed to support continued success. The property has a loyal customer base, repeat clientele, and a proven track record of consistent performance. The property size is 15627 square feet.
Key Highlights
- Fully equipped body shop ready for immediate operation, offering a seamless transition for owner‑operators or investors.
- High‑visibility, easily accessible location.
- Proven track record of consistent performance with a loyal customer base and repeat clientele.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$91,321
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,826,420
$1.8M
Cap Rate 7%
$1,304,586
$1.3M
Cap Rate 9%
$1,014,678
$1.0M
Market Conditions
NOI Build-Up for 15,627 SF
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.
Gross rent
$136.9K $8.76/SF
− Vacancy
−$6.4K −$0.41/SF
EGI
$130.5K $8.35/SF
− OpEx
−$39.1K −$2.50/SF
NOI
$91.3K $5.84/SF
Area
Columbia County, PA
Vacancy
4.70%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,826,420
Cap Rate 7%
$1,304,586
Cap Rate 9%
$1,014,678
Alternative Uses
Best Use
Retail
$3.12M
$2.73M – $3.64M
NOI $218,690 @ 7.0% cap · market cap 10.93%
Second Best
Industrial
$1.30M
$1.14M – $1.52M
NOI $91,321 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$5.24M
$4.58M – $6.11M
NOI $366,759 @ 7.0% cap · market cap 18.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 50%
Shops & Services 50%
Tri-County Ace Hardware
Home Improvements & Furnishings
4,360 visits/mo
0.3 miles
Giant Gasoline
Shops & Services
4,324 visits/mo
0.5 miles
Demographics for 18603, PA
18,728
Population
9,235
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
53.4 sq mi
ZIP Area
351
Density / Sq Mi
$55,969
Median Household Income
$40,323
Median Earnings
$789
Median Rent
$164,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Whitenight Auto Body — 2601 W Front St, Berwick, PA 18603
- Auto Lube & Spa Inc — 7569 Columbia Blvd, Berwick, PA 18603
- Mavis Discount Tire — 2005 W Front St, Berwick, PA 18603
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial building with high visibility and operational infrastructure.
Where is this auto shop located?
The property is located at 2601 Front St W Berwick, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully equipped body shop ready for immediate operation, offering a seamless transition for owner‑operators or investors.; High‑visibility, easily accessible location.; Proven track record of consistent performance with a loyal customer base and repeat clientele.
