Flex Space With Production
For Sale
$250,000
Pending
4 E MAIN Street, Columbus, PA 16405
CommercialSale, Columbus, PA
Property Size3,168 SF
Lot Size4.25 Acres
Days on Market54
Property Features for 4 E MAIN Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Corry
Middle school district
Corry
High school district
Corry
Directions
East on Rt 6 thru Columbus at the Y take a left onto Rt 957 which is also Main street next to post office
Subdivision
38 - Columbus Twp/Columbus
Standard status
Pending
APN
00-000-000.0-000.00
Size
3,168 SF
Lot size
4.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1941
Expense value
2500
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
multiple office and meeting rooms
heated storage or production area
large overhead door
3-phase electric
Building Details
Year built
1950
Building materials
Brick, Block
Listing Agency:
RE/MAX Real Estate Group East · RE/MAX International
(814) 898-3558
Listed By:
Karen Puckly · License #RS307603
(814) 664-0990
Added: Jul 28
Changed: Aug 19
Last Checked: Sep 19 at 4:06AM
MLS# 192291
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,168-square-foot flex property combines office functions with a heated storage or production area. Multiple offices and meeting rooms support administrative work and client or team use, while the large overhead door provides access for equipment, inventory, and shipping. Three-phase electric expands the building’s suitability for light manufacturing and fabrication operations.
The property occupies 4.25 acres and includes public water and public sewer. The land provides room for parking and outdoor storage, with additional site area available for future expansion. Constructed in 1950 with brick and block materials, the building includes one bathroom and is located at 4 E MAIN Street in Columbus, Pennsylvania.
The property occupies 4.25 acres and includes public water and public sewer. The land provides room for parking and outdoor storage, with additional site area available for future expansion. Constructed in 1950 with brick and block materials, the building includes one bathroom and is located at 4 E MAIN Street in Columbus, Pennsylvania.
Key Highlights
- 3,168‑square‑foot flex building on 4.25 acres
- Heated storage or production area with a large overhead door
- Three‑phase electric for light manufacturing or fabrication
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
$22,446
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
8.98%
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%
$448,920
$448.9K
Cap Rate 7%
$320,657
$320.7K
Cap Rate 9%
$249,400
$249.4K
Market Conditions
NOI Build-Up for 3,168 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
$28.0K $8.83/SF
− Vacancy
−$1.6K −$0.49/SF
EGI
$26.4K $8.34/SF
− OpEx
−$4.0K −$1.25/SF
NOI
$22.4K $7.09/SF
Area
Warren County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
15.00%
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%
$448,920
Cap Rate 7%
$320,657
Cap Rate 9%
$249,400
Alternative Uses
Best Use
Office B
$525.4K
$459.8K – $613.0K
NOI $36,780 @ 7.0% cap · market cap 14.71%
Second Best
Warehouse
$320.7K
$280.6K – $374.1K
NOI $22,446 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$699.7K
$612.2K – $816.3K
NOI $48,977 @ 7.0% cap · market cap 19.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16405, PA
646
Population
256
Households
2.5
Avg Household Size
52
Median Age
9%
College-Educated
95%
High-School Grad
18.8 sq mi
ZIP Area
34
Density / Sq Mi
$55,938
Median Household Income
$40,625
Median Earnings
$109,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial building with office rooms, heated work area, overhead-door access, and three-phase electrical service.
Where is this flex space located?
The property is located at 4 E MAIN Street Columbus, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,168‑square‑foot flex building on 4.25 acres; Heated storage or production area with a large overhead door; Three‑phase electric for light manufacturing or fabrication
