Mixed-Use Building in Ebensburg
For Sale
Contact for pricing
620 W High Street, Ebensburg, PA 15931
Premium mixed-use building with commercial spaces and residential unit.
Property Size1,500 SF
Price / SF$250
Days on Market103
Property Features for 620 W High Street
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Special Purpose
Listing Agency:
Century 21 All Service Inc
(814) 475-5990
Listed By:
Danielle Zahurak · License #PA
Source:
Crexi
Added: May 22
Changed: Aug 23
Last Checked: Aug 31 at 3:10AM
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 Century 21 All Service Inc
Investment Insights
Based on property information with market context.
Located on W. High Street in Ebensburg, PA, this mixed-use building presents an investment opportunity or a live-work setup in a high-traffic location. The main floor features two independent commercial spaces, each with a private bathroom and new LED lighting. Above, a 1,500 sq/ft+ two-story residential unit includes three bedrooms, a large full bathroom, a foyer with closets, and in-unit laundry. The home's layout features an open-concept kitchen and dining area overlooking the sunken living room. Updates include a newer roof, newer windows, and new exterior and interior LED lighting. The mechanical systems are efficient, featuring a new heat pump with supplemental gas forced-air heat.
Key Highlights
- Premium mixed‑use building in a high‑traffic location, suitable for investment or live‑work.
- Two independent commercial spaces on the main floor, each with a private bathroom and new LED lighting.
- Spacious 1,500 sq/ft+ two‑story residential unit with three bedrooms, large full bathroom, and in‑unit laundry.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,880
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$237,600
$237.6K
Cap Rate 7%
$169,714
$169.7K
Cap Rate 9%
$132,000
$132.0K
Market Conditions
NOI Build-Up for 1,500 SF
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.
Gross rent
$21.6K $14.40/SF
− Vacancy
−$2.6K −$1.73/SF
EGI
$19.0K $12.67/SF
− OpEx
−$7.1K −$4.75/SF
NOI
$11.9K $7.92/SF
Area
Cambria County, PA
Vacancy
12.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$237,600
Cap Rate 7%
$169,714
Cap Rate 9%
$132,000
Alternative Uses
Best Use
Mixed Use
$169.7K
$148.5K – $198.0K
NOI $11,880 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$452.6K
$396.0K – $528.0K
NOI $31,680 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
Demographics for 15931, PA
9,158
Population
4,214
Households
2.2
Avg Household Size
47
Median Age
29%
College-Educated
92%
High-School Grad
81.4 sq mi
ZIP Area
113
Density / Sq Mi
$62,772
Median Household Income
$40,847
Median Earnings
$857
Median Rent
$176,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Premium mixed-use building with commercial spaces and residential unit.
Where is this mixed-use property located?
The property is located at 620 W High Street Ebensburg, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Premium mixed‑use building in a high‑traffic location, suitable for investment or live‑work.; Two independent commercial spaces on the main floor, each with a private bathroom and new LED lighting.; Spacious 1,500 sq/ft+ two‑story residential unit with three bedrooms, large full bathroom, and in‑unit laundry.
