Auto Service Block
For Sale
$495,000
306 Maple Creek Rd, Charleroi, PA 15022
Block building offers three front service bays, a paint booth, rear garage space, offices, and a waiting area.
Property Size6,640 SF
Days on Market149
Property Features for 306 Maple Creek Rd
General Information
Standard status
Active
Size
6,640 SF
Class
C
Property subtype
Industrial - Flex - Industrial
Additional Details
Service Bays
4
Building Details
Building Size
6,640 SF
Year Built
1991
Construction
block
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Jason Campagna
Source:
Commercialcafe
Added: Apr 11
Changed: Sep 3
Last Checked: Sep 5 at 4:35AM
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 SVN | Three Rivers Commercial Advisors
Investment Insights
Based on property information with market context.
This block building is set up for automotive service and related shop uses, featuring three front service bays plus one paint bay/booth. Additional garage space is located in the rear, along with an office area, a waiting area, and an employee restroom. The property includes ample storage for paint, oil, and supplies.
The sale also includes a three-bedroom, 1.5-bath two-story residence with a living room, dining room, kitchen, and a full basement. The home has a newer furnace and a breaker box. A concrete parking pad/driveway spans the entire front of the property, and an extra lot is included in the transaction. Equipment list is available, and the remarks note the roof and furnace are in good condition.
The sale also includes a three-bedroom, 1.5-bath two-story residence with a living room, dining room, kitchen, and a full basement. The home has a newer furnace and a breaker box. A concrete parking pad/driveway spans the entire front of the property, and an extra lot is included in the transaction. Equipment list is available, and the remarks note the roof and furnace are in good condition.
Key Highlights
- Block building with three front service bays and one paint bay/booth for auto service/body shop operations
- Additional rear garage space plus office area and waiting area
- Includes employee restroom and substantial storage for paint, oil, and supplies
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
$41,067
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
8.30%
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%
$821,340
$821.3K
Cap Rate 7%
$586,671
$586.7K
Cap Rate 9%
$456,300
$456.3K
Market Conditions
NOI Build-Up for 6,640 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
$62.9K $9.48/SF
− Vacancy
−$4.3K −$0.64/SF
EGI
$58.7K $8.84/SF
− OpEx
−$17.6K −$2.65/SF
NOI
$41.1K $6.18/SF
Area
Washington County, PA
Vacancy
6.80%
Lease Rate
$9.48 /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%
$821,340
Cap Rate 7%
$586,671
Cap Rate 9%
$456,300
Alternative Uses
Best Use
Retail
$956.2K
$836.6K – $1.12M
NOI $66,931 @ 7.0% cap · market cap 13.52%
Second Best
Industrial
$586.7K
$513.3K – $684.5K
NOI $41,067 @ 7.0% cap · market cap 8.30%
Theoretical Best
Specialty Retail
$2.05M
$1.79M – $2.39M
NOI $143,220 @ 7.0% cap · market cap 28.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Service bays
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15022, PA
10,241
Population
5,164
Households
2
Avg Household Size
45
Median Age
22%
College-Educated
95%
High-School Grad
18.4 sq mi
ZIP Area
557
Density / Sq Mi
$61,337
Median Household Income
$40,758
Median Earnings
$785
Median Rent
$113,000
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
- Robison Auto Body — 231 Fox Stop Rd, Charleroi, PA 15022
- Frank Rauchfuss's Garage — 452 Old 71, Charleroi, PA 15022
- Gerber Collision & Glass — 886 Twilight Hollow Rd, Charleroi, PA 15022
- Sutch Speed & Performance — 306 Maple Creek Rd, Charleroi, PA 15022
- Marsh Tire Services — 215 Lincoln Ave Extended, Charleroi, PA 15022
Frequently Asked Questions
What type of property is this?
Auto shop - Block building offers three front service bays, a paint booth, rear garage space, offices, and a waiting area.
Where is this auto shop located?
The property is located at 306 Maple Creek Rd Charleroi, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Block building with three front service bays and one paint bay/booth for auto service/body shop operations; Additional rear garage space plus office area and waiting area; Includes employee restroom and substantial storage for paint, oil, and supplies
