Convenience Store with
For Sale
$290,000
402 WILLOW STREET, Highspire, PA 17034
Convenience store offering retail sales floor, back-of-house space, and nine exterior parking spaces.
Property Size1,750 SF
Lot Size0.09 Acres
Price / SF$165.71
Days on Market115
Property Features for 402 WILLOW STREET
General Information
Standard status
Active
Size
1,750 SF
Total Parking Spaces
9
Lot size
0.09 Acres
Property subtype
Business
Additional Details
Business Included
Yes
Building Details
Year Built
1960
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Eugene Prentice · License #RS357211
(347) 356-5321
Source:
Cummingsrealtors
Added: Jul 1
Changed: Oct 21
Last Checked: Oct 20 at 10:13PM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This convenience store property includes both real estate and business assets, and is presented for sale as an operating retail establishment. The interior features a sales floor designed for customer interaction, along with a behind-the-counter area with seating and storage. Additional back-of-house space includes a rear storage area, a private bathroom, a utility room, a private office/computer room, and a sink/wash area.
The property includes an exterior customer parking area with nine parking spaces and sits on a 0.09-acre lot. The store’s product and service offering includes clothing, food, snacks, beverages, tobacco products, ATMs, lottery tickets, Pennsylvania Skill games, and U-Haul services.
Showings are scheduled during business hours. Financial information is available to qualified buyers.
The property includes an exterior customer parking area with nine parking spaces and sits on a 0.09-acre lot. The store’s product and service offering includes clothing, food, snacks, beverages, tobacco products, ATMs, lottery tickets, Pennsylvania Skill games, and U-Haul services.
Showings are scheduled during business hours. Financial information is available to qualified buyers.
Key Highlights
- Retail property built in 1960 with approx. 1,700 SF interior on a 0.09‑acre lot
- Convenience store includes sales floor plus behind‑the‑counter area with seating and storage
- Back‑of‑house space includes rear storage, private bathroom, utility room, and sink/wash area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,548
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,960
$351.0K
Cap Rate 7%
$250,686
$250.7K
Cap Rate 9%
$194,978
$195.0K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$26.3K $15.00/SF
− Vacancy
−$1.2K −$0.68/SF
EGI
$25.1K $14.33/SF
− OpEx
−$7.5K −$4.30/SF
NOI
$17.5K $10.03/SF
Area
Dauphin County, PA
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,960
Cap Rate 7%
$250,686
Cap Rate 9%
$194,978
Alternative Uses
Best Use
Specialty Retail
$3.22M
$2.82M – $3.76M
NOI $225,619 @ 7.0% cap · market cap 77.80%
Second Best
Retail
$250.7K
$219.4K – $292.5K
NOI $17,548 @ 7.0% cap · market cap 6.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,976 visits/mo
0.2 miles
Demographics for 17034, PA
2,765
Population
1,553
Households
1.8
Avg Household Size
40
Median Age
20%
College-Educated
92%
High-School Grad
0.8 sq mi
ZIP Area
3,456
Density / Sq Mi
$51,717
Median Household Income
$41,868
Median Earnings
$993
Median Rent
$120,100
Median Home Value
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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 - Convenience store offering retail sales floor, back-of-house space, and nine exterior parking spaces.
Where is this grocery and convenience store located?
The property is located at 402 WILLOW STREET Highspire, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Retail property built in 1960 with approx. 1,700 SF interior on a 0.09‑acre lot; Convenience store includes sales floor plus behind‑the‑counter area with seating and storage; Back‑of‑house space includes rear storage, private bathroom, utility room, and sink/wash area
