Multi-Bay Garage
312 Main Street Boswell, PA 15531
312 Main Street, Boswell, PA, 15531
Contact for pricing
For Sale
Contact for pricing
Five-bay garage includes a new roof and two bays currently occupied, with utilities available including water, sewage, and gas service.
Property Size1,650 SF
Price / SF$84.79
Days on Market65
Property Features for 312 Main Street
General Information
- Standard status
- Active
- Size
- 1,650 SF
- Property subtype
- Retail, Mixed Use, Self Storage
Listing agency
Keystone Realty PA, LLC
Listed by
Rick Hovanec · License #RM425327
Source
Crexi
Added: May 18 Updated: Jul 21 at 12:51AM Checked: Jul 21 at 4:48AM
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 Keystone Realty PA, LLC
Investment Insights
Based on property information with market context.
This five-bay garage property is offered for sale and features an updated exterior with a new roof, gutters, and soffit and fascia. Two of the bays are already occupied and generating revenue, with the remaining bays available to rent out or use as storage.
The property includes water and sewage services and has a gas connection available at the street. A 200-amp electrical box is also provided on-site.
Overall, the layout supports a multi-bay configuration suited to vehicle and personal storage operations, with income already present from existing occupancy.
The property includes water and sewage services and has a gas connection available at the street. A 200-amp electrical box is also provided on-site.
Overall, the layout supports a multi-bay configuration suited to vehicle and personal storage operations, with income already present from existing occupancy.
Key Highlights
- 5‑bay garage for sale in the heart of Boswell
- New roof plus new gutters and soffit fascia
- 2 bays currently occupied and generating revenue
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 | $14.6k | $8.83 |
| − Vacancy | −$816 | −$0.49 |
| EGI | $13.8k | $8.34 |
| − OpEx | −$2.1k | −$1.25 |
| NOI | $11.7k | $7.09 |
1,650 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Self Storage
$218.6K
$191.3K – $255.0K
NOI $15,301 @ 7.0% cap · market cap 10.94%
Second Best
Warehouse
$167.0K
$146.1K – $194.9K
NOI $11,691 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$522.7K
$457.4K – $609.8K
NOI $36,590 @ 7.0% cap · market cap 26.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Five-bay garage includes a new roof and two bays currently occupied, with utilities available including water, sewage, and gas service.
Where is this self storage facility located?
The property is located at 312 Main Street Boswell, PA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 5‑bay garage for sale in the heart of Boswell; New roof plus new gutters and soffit fascia; 2 bays currently occupied and generating revenue
