Convenience Store with
402 WILLOW STREET Highspire, PA 17034
402 WILLOW STREET, Highspire, PA, 17034
$399,900
For Sale
$399,900
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$228.51
Days on Market26
Property Features for 402 WILLOW STREET
General Information
- Standard status
- Active
- Size
- 1,750 SF
- Lot size
- 0.09 Acres
- Property subtype
- Business
Building Details
- Year Built
- 1960
Listing agency
EXP Realty, LLC
(347) 356-5321
Listed by
Eugene Prentice · License #RS357211
(347) 356-5321
Source
Cummingsrealtors
Added: Jun 26 Updated: Jul 21 at 5:50AM Checked: Jul 21 at 5:50AM
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
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
Local Financial Insights For Retail
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 | $26.3k | $15.00 |
| − Vacancy | −$1.2k | −$0.68 |
| EGI | $25.1k | $14.33 |
| − OpEx | −$7.5k | −$4.30 |
| NOI | $17.5k | $10.03 |
1,750 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$3.22M
$2.82M – $3.76M
NOI $225,619 @ 7.0% cap · market cap 56.42%
Second Best
Retail
$250.7K
$219.4K – $292.5K
NOI $17,548 @ 7.0% cap · market cap 4.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
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 $399,900.
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
