Greenville Commercial Property with
For Sale
$615,000
409 E JAMESTOWN Road, Greenville, PA 16125
CommercialSale, Greenville, PA
Property Size4,211 SF
Lot Size3.46 Acres
Price / SF$146.05
Days on Market335
Property Features for 409 E JAMESTOWN Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
25
Exterior features
Fence
Fencing
Fenced
Elementary school district
Reynolds
Middle school district
Reynolds
High school district
Reynolds
Directions
From MCCH: Head east on S. Diamond St, L on Pitt St, L on N. Diamond St, R on N. Erie St, L on PA-58, R on Main St, L on PA-58, Property on the right.
Subdivision
57 - Jamtwn/Grene/SugrGrve/Salem/OttrCrk/Grnvile/W.Salem/Hempfld
Standard status
Active
APN
0000-000
Size
4,211 SF
Lot size
3.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11342
Expense value
5000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Septic Tank
Heating system
Baseboard
Cooling system
Central Air
Water source
Well
Building Details
Year built
1952
Building materials
Mixed
Listing Agency:
ERA Richmond Real Estate Service · ERA Real Estate
(814) 337-6000
Listed By:
David Gordon · License #AB066597
(814) 282-0975
Added: Nov 5, 2025
Changed: Oct 2
Last Checked: Oct 6 at 6:06PM
MLS# 188741
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 property offers a blend of residential and commercial opportunities, featuring a 4-bedroom, 2.5-bath home situated on 3.46 acres. The residence includes a large living room and an open kitchen. The property also features a barn equipped with 9 stalls and an indoor arena, presenting the potential for rental income from the horse stalls, fenced pastures, and stables. A veterinary clinic is located on the premises, operating under a lease agreement and providing consistent rental income. The property is located in Greenville, PA.
Key Highlights
- Established veterinary clinic with secure lease provides consistent rental income.
- Expansive 4‑bedroom, 2.5‑bath home on 3.46 acres.
- Large barn with 9 stalls and indoor arena.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,235
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,700
$844.7K
Cap Rate 7%
$603,357
$603.4K
Cap Rate 9%
$469,278
$469.3K
Market Conditions
NOI Build-Up for 4,211 SF
Gross rent
$83.4K $19.80/SF
− Vacancy
−$6.6K −$1.56/SF
EGI
$76.8K $18.24/SF
− OpEx
−$34.6K −$8.21/SF
NOI
$42.2K $10.03/SF
Area
Mercer County, PA
Vacancy
7.90%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,700
Cap Rate 7%
$603,357
Cap Rate 9%
$469,278
Alternative Uses
Best Use
Mixed Use
$1.09M
$955.4K – $1.27M
NOI $76,430 @ 7.0% cap · market cap 12.43%
Second Best
Healthcare Medical
$927.8K
$811.8K – $1.08M
NOI $64,944 @ 7.0% cap · market cap 10.56%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,878 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 16125, PA
17,198
Population
8,070
Households
2.1
Avg Household Size
46
Median Age
21%
College-Educated
92%
High-School Grad
105.2 sq mi
ZIP Area
163
Density / Sq Mi
$56,851
Median Household Income
$33,003
Median Earnings
$773
Median Rent
$125,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Investment opportunity: home, barn, and veterinary clinic on 3.46 acres.
Where is this mixed-use property located?
The property is located at 409 E JAMESTOWN Road Greenville, PA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Established veterinary clinic with secure lease provides consistent rental income.; Expansive 4‑bedroom, 2.5‑bath home on 3.46 acres.; Large barn with 9 stalls and indoor arena.
