Versatile Commercial Building on Rt.
For Sale
$480,000
680 Oak St, Bloomsburg, PA 17815
Commercial building with garage, apartment, and high-visibility location.
Property Size5,400 SF
Lot Size0.35 Acres
Price / SF$88.89
Days on Market631
Property Features for 680 Oak St
General Information
Standard status
Active
Size
5,400 SF
Lot size
0.35 Acres
Taxes and HOA fees
Annual Taxes
$3,676
Listing Agency:
Pro Real Estate Services, Inc.
(570) 441-5562
Listed By:
Mark E Humphreys · License #RM425322
(570) 441-5562
Source:
Exprealty
Added: Nov 30, 2024
Changed: Aug 20
Last Checked: Aug 22 at 10:51AM
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 Pro Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This commercial building offers over 5,400 square feet of space in a high-visibility location on Rt. 11. The property is suitable for offices, retail, or a variety of other uses. It features a spacious interior and a three-bay garage with room for expansion, making it suitable for automotive services or storage. A one-bedroom apartment on-site provides an opportunity for rental income or housing for an on-site manager. This property is located in Bloomsburg.
Key Highlights
- High‑visibility location on Rt. 11
- Boasting over 5,400 square feet of versatile space
- Three‑bay garage with room for expansion
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
$31,556
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
6.57%
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%
$631,120
$631.1K
Cap Rate 7%
$450,800
$450.8K
Cap Rate 9%
$350,622
$350.6K
Market Conditions
NOI Build-Up for 5,400 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
$47.3K $8.76/SF
− Vacancy
−$2.2K −$0.41/SF
EGI
$45.1K $8.35/SF
− OpEx
−$13.5K −$2.50/SF
NOI
$31.6K $5.84/SF
Area
Columbia County, PA
Vacancy
4.70%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
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%
$631,120
Cap Rate 7%
$450,800
Cap Rate 9%
$350,622
Alternative Uses
Best Use
Office B
$1.49M
$1.31M – $1.74M
NOI $104,557 @ 7.0% cap · market cap 21.78%
Second Best
Retail
$1.08M
$944.6K – $1.26M
NOI $75,570 @ 7.0% cap · market cap 15.74%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,736 @ 7.0% cap · market cap 26.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building with garage, apartment, and high-visibility location.
Where is this mixed-use property located?
The property is located at 680 Oak St Bloomsburg, PA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: High‑visibility location on Rt. 11; Boasting over 5,400 square feet of versatile space; Three‑bay garage with room for expansion
