Industrial Flex
334 W Main St Somerset, PA 15501
334 W Main St, Somerset, PA, 15501
Contact for pricing
For Sale
Contact for pricing
Industrial flex warehouse property offered for sale at 334 W Main St in Somerset, PA.
Property Size23,288 SF
Price / SF$77.29
Days on Market35
Property Features for 334 W Main St
General Information
- Standard status
- Active
- Size
- 23,288 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 2005
Listing agency
Friedman Real Estate
Listed by
Jaidyn Smith · License #MI #6501441322
Source
Crexi
Added: Jun 17 Updated: Jul 20 at 11:07PM Checked: Jul 20 at 11:07PM
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 Friedman Real Estate
Investment Insights
Based on property information with market context.
This for-sale industrial flex warehouse is located at 334 W Main St in Somerset, Pennsylvania. The property is marketed under flex space and warehouse categories, offering a versatile setup for industrial or light warehouse operations.
The offering is listed as a commercial real estate investment opportunity, with a total property size of 23,288 square feet provided in the listing information. Additional specifics regarding interior layout, improvements, loading, and utilities were not included in the available details.
The offering is listed as a commercial real estate investment opportunity, with a total property size of 23,288 square feet provided in the listing information. Additional specifics regarding interior layout, improvements, loading, and utilities were not included in the available details.
Key Highlights
- Industrial flex warehouse for sale at 334 W Main St, Somerset, PA 15501
- Built in 2005
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 | $205.6k | $8.83 |
| − Vacancy | −$11.5k | −$0.49 |
| EGI | $194.1k | $8.34 |
| − OpEx | −$29.1k | −$1.25 |
| NOI | $165.0k | $7.09 |
23,288 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.36M
$2.06M – $2.75M
NOI $165,000 @ 7.0% cap · market cap 9.17%
Second Best
Industrial
$1.94M
$1.70M – $2.26M
NOI $135,882 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$7.38M
$6.46M – $8.61M
NOI $516,435 @ 7.0% cap · market cap 28.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Daily American
Publishing House
Salvation Army
Social Service Agency
Avonbrook Antiques
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial flex warehouse property offered for sale at 334 W Main St in Somerset, PA.
Where is this flex space located?
The property is located at 334 W Main St Somerset, PA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Industrial flex warehouse for sale at 334 W Main St, Somerset, PA 15501; Built in 2005
