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Commercial Space in High Traffic Location
For Sale
$319,900

32 W Southern Ave, S Williamsport, PA 17702

Commercial space suitable for a restaurant or business with income potential.

Property SizeContact for details
Days on Market616

Property Features for 32 W Southern Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,857
Listing Agency: Berkshire Hathaway HomeServices Hodrick Realty, WPT
Listed By: Amy Fessler · License #RS315312
Source: Exprealty
Added: Jan 13, 2025 Changed: Sep 10 Last Checked: Sep 20 at 11:32AM

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 HomeServices Hodrick Realty, WPT

Investment Insights

Based on property information with market context.

This commercial space is located in a high-traffic area of South Williamsport. The property, formerly a Chinese restaurant, is spacious and suitable for a restaurant or other business. It is being sold AS-IS and includes all equipment, supplies, dining tables, and coolers. An additional room could serve as a large party dining area or office space. The property features ample storage and two additional coolers in the back. A large lot provides parking in the back and on the side of the building, with alley access to the rear. The property offers income potential with two residential units upstairs, one of which is currently leased for $900 per month. The main floor could be remodeled and expanded into the two large storage spaces to create more dining or office space. The building has gas heat. The property size is 3796 square feet.

Key Highlights

  • High traffic location ideal for a business or restaurant.
  • Turn‑key with all equipment, supplies, dining tables, and coolers included.
  • Income potential from a residential unit currently leased at $900/month.

Property Analytics

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Current Use

Restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Store Restaurant Fish Market Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
71k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 36% Groceries 3%
McDonald's Dining
27,564 visits/mo 0.5 miles
Dunkin' Donuts Dining
15,262 visits/mo 0.1 miles
Dollar General Shops & Services
9,147 visits/mo 0.4 miles
Sunoco Shops & Services
5,605 visits/mo 0.2 miles
Uni-Mart Shops & Services
4,923 visits/mo 0.1 miles

Demographics for 17702, PA

10,378
Population
4,533
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
94%
High-School Grad
61.2 sq mi
ZIP Area
170
Density / Sq Mi
$70,514
Median Household Income
$41,228
Median Earnings
$935
Median Rent
$193,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • 222 Bridge Bar + Kitchen 222 S Market St, South Williamsport, PA 17702
  • Wegmans Catering 201 William St, Williamsport, PA 17701

Frequently Asked Questions

What type of property is this?
Restaurant - Commercial space suitable for a restaurant or business with income potential.
Where is this restaurant located?
The property is located at 32 W Southern Ave S Williamsport, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: High traffic location ideal for a business or restaurant.; Turn‑key with all equipment, supplies, dining tables, and coolers included.; Income potential from a residential unit currently leased at $900/month.
More about this property
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