Grocery Store with
3126 State Rte 257, Seneca, PA 16346
For Sale
$495,000
A commercial food-service layout includes seating, a professional kitchen, and a dedicated loading area.
Property Size5,900 SF
Price / SF$83.90
Days on Market161
Property Features for 3126 State Rte 257
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Equipment Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
walk-in cooler
loading/unloading area
storage area
Building Details
Buildings
Listing Agency:
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By:
Cathy McDonald · License PA RS3270752
(724) 458-8800
Source:
Indianlakerealty
Added: Jun 5
Changed: Nov 12
Last Checked: Nov 11 at 7:12PM
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 BERKSHIRE HATHAWAY THE PREFERRED REALTY
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Investment Insights
Based on property information with market context.
Configured for grocery and food-service use, this approximately 5,900-square-foot commercial building includes a substantial seating area and loft. The kitchen is equipped for professional food preparation, with a walk-in cooler, storage space, and an area for loading and unloading. Most existing equipment is included in the sale. The property is zoned C1.
The site fronts two roads and is minutes from Walmart and McDonald’s. Its existing mix of customer seating, kitchen facilities, refrigeration, storage, and loft space supports a range of commercial layouts within the grocery and convenience store category.
The site fronts two roads and is minutes from Walmart and McDonald’s. Its existing mix of customer seating, kitchen facilities, refrigeration, storage, and loft space supports a range of commercial layouts within the grocery and convenience store category.
Key Highlights
- Approximately 5,900‑square‑foot building
- Zoned C1
- Frontage on two roads
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,426
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,520
$688.5K
Cap Rate 7%
$491,800
$491.8K
Cap Rate 9%
$382,511
$382.5K
Market Conditions
NOI Build-Up for 5,900 SF
Gross rent
$52.1K $8.83/SF
− Vacancy
−$2.9K −$0.49/SF
EGI
$49.2K $8.34/SF
− OpEx
−$14.8K −$2.50/SF
NOI
$34.4K $5.83/SF
Area
Venango County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,520
Cap Rate 7%
$491,800
Cap Rate 9%
$382,511
Alternative Uses
Best Use
Retail
$1.69M
$1.48M – $1.97M
NOI $118,431 @ 7.0% cap · market cap 23.93%
Second Best
Specialty Retail
$1.00M
$876.2K – $1.17M
NOI $70,092 @ 7.0% cap · market cap 14.16%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $130,838 @ 7.0% cap · market cap 26.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Explore this area
Business Placement
Demographics for 16346, PA
2,846
Population
1,615
Households
1.8
Avg Household Size
49
Median Age
22%
College-Educated
96%
High-School Grad
15.6 sq mi
ZIP Area
182
Density / Sq Mi
$68,804
Median Household Income
$38,900
Median Earnings
$766
Median Rent
$131,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A commercial food-service layout includes seating, a professional kitchen, and a dedicated loading area.
Where is this grocery and convenience store located?
The property is located at 3126 State Rte 257 Seneca, 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: Approximately 5,900‑square‑foot building; Zoned C1; Frontage on two roads
