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Two-Story Brick Office and Retail

4576 Penns Valley Rd Spring Mills, PA 16875

4576 Penns Valley Rd, Spring Mills, PA, 16875
$999,000
For Sale
Claim this Listing
$999,000

Two brick buildings totaling medical and retail-ready space with ample on-site parking for flexible commercial use.

Property Size6,000 SF
Lot Size2.52 Acres
Price / SF$166.50
AddedJun 12
Days on Market34
Last RefreshJul 14 at 6:18 am

Property Features for 4576 Penns Valley Rd

General Information

Standard status
Active
Size
6,000 SF
Lot size
2.52 Acres

Listing office Kissinger, Bigatel & Brower

Listing date Jun 12, 2026

Source Exprealty

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 Kissinger, Bigatel & Brower


Investment Insights

Based on property information with market context.

This for-sale property includes two brick buildings on 2.52 acres, offering a mix of professional office, retail, and other permitted-use configurations. The larger building features more than 6,000 square feet, with a lower level currently leased for dental and optometry use. That lower-level layout includes seven private offices, eight consulting/exam rooms, multiple workstations/lab areas, a display space, a spacious reception area, and a kitchen/break room. The upper level is set up for offices, consultation, and lab use, and it can be opened up for retail or other permitted options; office furnishing is noted as being in place if helpful.

The property is located within the Penns Valley Middle & High School complex off Route 45, positioned for visibility and convenient access for a range of commercial users. A second brick building was most recently a pharmacy and is currently used as an ice-cream shop, adding an additional retail option with approximately 1,878 square feet of space. The site also has ample on-site parking, including overflow parking, with approximately 75 parking spaces.

The combination of established medical office improvements, flexible upper-level configuration, and an additional retail building makes this property practical for operators seeking an adaptable space mix on a high-exposure site, whether you’re pursuing a single use or a multi-concept setup.

Key Highlights

  • Two brick buildings on 2.52 acres at the Penns Valley Middle & High School complex on Rt 45
  • Largest brick building has 6,000+ SF for professional offices, retail, and other permitted use options
  • Lower level is currently leased for dental/optometry use with 7 private offices, 8 consult/exam rooms, workstations/lab areas, display space, reception, and kitchen/break room

Local Financial Insights For Healthcare Medical

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 $131.8k $21.96
− Vacancy −$11.2k −$1.87
EGI $120.6k $20.09
− OpEx −$48.2k −$8.04
NOI $72.3k $12.06
6,000 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$1.03M
$904.2K – $1.21M (±1% cap)
NOI $72,336 @ 7.0% cap · market cap 7.24%
Second Best
Office B
$989.4K
$865.7K – $1.15M (±1% cap)
NOI $69,255 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,759 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Riddle's Ice Cream ... Grocery & Convenience Store Eva M. Gerhart, ... Pharmacy Krahling Nicole M Pharmacy Hildebrand Lori A Pharmacy

Suggested Use

Building Supply Auto Repair Shop Bakery Pet Grooming Service (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Grocery & Convenience Store Spa & Massage Center Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Two brick buildings totaling medical and retail-ready space with ample on-site parking for flexible commercial use.
Where is this medical office space located?
The property is located at 4576 Penns Valley Rd Spring Mills, PA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two brick buildings on 2.52 acres at the Penns Valley Middle & High School complex on Rt 45; Largest brick building has 6,000+ SF for professional offices, retail, and other permitted use options; Lower level is currently leased for dental/optometry use with 7 private offices, 8 consult/exam rooms, workstations/lab areas, display space, reception, and kitchen/break room
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