Mixed-Use
602 W MARKET STREET, Williamstown, PA 17098
For Sale
Contact for pricing
Built in 1900, the property offers flexibility for combined residential and business use.
Property Size2,540 SF
Price / SF$11.79
Days on Market50
Property Features for 602 W MARKET STREET
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Iron Valley Real Estate of York County
(717) 316-8777
Listed By:
Roberto Carlos Perez · License PA RS358864
(443) 652-0201
Source:
Cummingsrealtors
Added: Sep 21
Changed: Nov 8
Last Checked: Nov 8 at 6:26AM
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 Iron Valley Real Estate of York County
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Investment Insights
Based on property information with market context.
This mixed-use property contains 2,540 square feet and was built in 1900. The property information identifies potential for subdividing the space, occupying one portion as a residence, and operating a business or office from the same property.
Located at 602 W Market Street in Williamstown, PA, the property is situated in a small rural community known for its proximity to the Appalachian Trail. Williamstown has a limited number of local businesses and jobs, while major retailers and employers are described as being within a 45-minute drive.
Located at 602 W Market Street in Williamstown, PA, the property is situated in a small rural community known for its proximity to the Appalachian Trail. Williamstown has a limited number of local businesses and jobs, while major retailers and employers are described as being within a 45-minute drive.
Key Highlights
- 2,540 square feet of mixed‑use space
- Built in 1900
- Potential to combine residential occupancy with business use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,861
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,220
$617.2K
Cap Rate 7%
$440,871
$440.9K
Cap Rate 9%
$342,900
$342.9K
Market Conditions
NOI Build-Up for 2,540 SF
Gross rent
$54.9K $21.60/SF
− Vacancy
−$5.5K −$2.16/SF
EGI
$49.4K $19.44/SF
− OpEx
−$18.5K −$7.29/SF
NOI
$30.9K $12.15/SF
Area
Dauphin County, PA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,220
Cap Rate 7%
$440,871
Cap Rate 9%
$342,900
Alternative Uses
Best Use
Mixed Use
$440.9K
$385.8K – $514.4K
NOI $30,861 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.8K
$488.1K – $650.8K
NOI $39,045 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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Business Placement
Demographics for 17098, PA
2,397
Population
1,192
Households
2
Avg Household Size
45
Median Age
13%
College-Educated
89%
High-School Grad
9.3 sq mi
ZIP Area
258
Density / Sq Mi
$63,071
Median Household Income
$41,506
Median Earnings
$802
Median Rent
$113,300
Median Home Value
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Market
Properties on Market for Mixed-use properties in Dauphin County
Frequently Asked Questions
What type of property is this?
Mixed-use property - Built in 1900, the property offers flexibility for combined residential and business use.
Where is this mixed-use property located?
The property is located at 602 W MARKET STREET Williamstown, PA.
What are key features of this property?
This property features: 2,540 square feet of mixed‑use space; Built in 1900; Potential to combine residential occupancy with business use
