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Apartment Building with Restaurant

60 Valley Street, New Philadelphia, PA 17959

For Sale
$449,000

CommercialSale, New Philadelphia Boro, PA

Property Size2,811 SF
Lot Size0.05 Acres
Price / SF$159.73
Days on Market439

Property Features for 60 Valley Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-1
Parking 1
Parking features Garage, On Street
Elementary school district Saint Clair
Middle school district Saint Clair
High school district Saint Clair
Directions 78 W to 61 N; Right on 895 E; Left on S Market St; Left on 443 W; Right on Pine Creek Rd; Right on Mountain Rd; Left on Valley St.
Subdivision New Philadelphia
Standard status Active
APN 54-02-0266.000
Size 2,811 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 2475

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1900
Number of units 16
Listing Agency: Keller Williams Allentown · Keller Williams Realty
Listed By: Brian K Bailey · License #AB065448
Added: Aug 27, 2025 Changed: Oct 15 Last Checked: Nov 8 at 11:06AM
MLS# 763656

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,811-square-foot apartment building on a 0.05-acre parcel includes 15 weekly room rentals, a garage, and a first-floor restaurant. The garage and restaurant are not currently rented, providing distinct components within the property’s existing configuration. Built in 1900, the building is zoned C-1 and served by public water and public sewer.

The property occupies a corner location on Route 209 at 60 Valley Street in New Philadelphia Boro, Pennsylvania. Parking includes the garage and on-street spaces. Electric heating and window-unit cooling serve the building, supporting a mixed residential and commercial layout with established room-rental operations and additional areas that are currently unrented.

Key Highlights

  • 15 weekly room rentals
  • 2,811 square feet on 0.05 acres
  • First‑floor restaurant is not currently rented

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,930
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,600 $558.6K
Cap Rate 7%
$399,000 $399.0K
Cap Rate 9%
$310,333 $310.3K
Market Conditions
NOI Build-Up for 2,811 SF
Gross rent
$40.5K $14.40/SF
− Vacancy
−$3.2K −$1.15/SF
EGI
$37.2K $13.25/SF
− OpEx
−$9.3K −$3.31/SF
NOI
$27.9K $9.94/SF
Area
Schuylkill County, PA
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,600
Cap Rate 7%
$399,000
Cap Rate 9%
$310,333

Alternative Uses

Best Use
Specialty Retail
$399.0K
$349.1K – $465.5K (±1% cap)
NOI $27,930 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$219.7K
$192.2K – $256.3K (±1% cap)
NOI $15,379 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$421.7K
$369.0K – $491.9K (±1% cap)
NOI $29,516 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Building Supply Electrical Service Grocery & Convenience Store Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 17959, PA

1,341
Population
766
Households
1.8
Avg Household Size
48
Median Age
14%
College-Educated
92%
High-School Grad
14.0 sq mi
ZIP Area
96
Density / Sq Mi
$58,239
Median Household Income
$44,400
Median Earnings
$575
Median Rent
$81,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Schuylkill County, PA

$86.09 Jul
$92.47 Aug
$99.37 Sep
$101 Oct

Properties on Market for Apartment buildings in Schuylkill County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Weekly room rentals are complemented by a first-floor restaurant and garage.
Where is this apartment building located?
The property is located at 60 Valley Street New Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 15 weekly room rentals; 2,811 square feet on 0.05 acres; First‑floor restaurant is not currently rented
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Includes: Price & PSF · Cap rate · Location · Zoning

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