Streetfront Retail
640 W Centre St Shenandoah, PA 17976
640 W Centre St, Shenandoah, PA, 17976
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For Sale
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For-sale storefront retail property on Centre Street in Shenandoah’s primary commercial corridor.
Property Size8,320 SF
Price / SF$138.22
Days on Market13
Property Features for 640 W Centre St
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2012
Listing Agency
Matthews
(214) 692-2191
Listed by
Lee Cordova · License #714883
Source
Crexi
Added: Jul 9 Updated: Jul 20 at 6:09 pm Checked: Jul 20 at 6:09 pm
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is located in Shenandoah, a borough in Schuylkill County within Northeastern Pennsylvania’s historic coal region. The asset sits on West Centre Street, which serves as the primary commercial corridor for the area and is described as providing strong visibility and accessibility for retail tenants serving daily-needs shoppers.
Public remarks indicate the local retail environment is supported by consistent foot traffic generated by residents and surrounding communities, along with limited retail competition. The remarks also reference localized population growth within the immediate trade area and ongoing economic stabilization in the region.
As presented, the property is positioned to serve necessity-based retail demand along Centre Street, where the market is described as supply-constrained with limited new development.
Public remarks indicate the local retail environment is supported by consistent foot traffic generated by residents and surrounding communities, along with limited retail competition. The remarks also reference localized population growth within the immediate trade area and ongoing economic stabilization in the region.
As presented, the property is positioned to serve necessity-based retail demand along Centre Street, where the market is described as supply-constrained with limited new development.
Key Highlights
- For‑sale storefront retail property on Centre Street in Shenandoah’s primary commercial corridor
- Built in 2012
Local Financial Insights For Retail
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 | $94.8k | $11.40 |
| − Vacancy | −$10.0k | −$1.20 |
| EGI | $84.9k | $10.20 |
| − OpEx | −$25.5k | −$3.06 |
| NOI | $59.4k | $7.14 |
8,320 SF · lease $11.40/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$848.9K
$742.8K – $990.4K
NOI $59,422 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,360 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For-sale storefront retail property on Centre Street in Shenandoah’s primary commercial corridor.
Where is this retail space located?
The property is located at 640 W Centre St Shenandoah, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: For‑sale storefront retail property on Centre Street in Shenandoah’s primary commercial corridor; Built in 2012
