Chalet-Style Retail
For Sale
$425,000
682 S Mountain Blvd, Mountain Top, PA 18707
B-2-zoned commercial property supporting retail, service, recreational, entertainment, and residential uses.
Property Size2,136 SF
Lot Size1.00 Acre
Price / SF$198.97
Days on Market97
Property Features for 682 S Mountain Blvd
General Information
Standard status
Active
Size
2,136 SF
Lot size
1.00 Acre
Property subtype
Commercial
Zoning
B-2 Highway Business District
Building Details
Buildings
1
Construction
stone & stucco chalet-style
Listing Agency:
Lewith & Freeman, Drums
Listed By:
Anita Reber
(570) 956-3370
Source:
Nepahousehunt
Added: Jun 28
Changed: Oct 1
Last Checked: Oct 1 at 11:58AM
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 Lewith & Freeman, Drums
Investment Insights
Based on property information with market context.
This stone and stucco retail building features a chalet-inspired design and occupies a 100-by-435-foot lot. The property is located at 682 S Mountain Blvd in Mountain Top, Pennsylvania, providing a commercial setting along a high-traffic roadway.
B-2 Highway Business District zoning supports a broad range of listed uses, including retail, service-oriented businesses, recreational operations, entertainment, and residential use. The permitted-use list is identified in the property documents, allowing prospective users to evaluate the site against their intended operation.
B-2 Highway Business District zoning supports a broad range of listed uses, including retail, service-oriented businesses, recreational operations, entertainment, and residential use. The permitted-use list is identified in the property documents, allowing prospective users to evaluate the site against their intended operation.
Key Highlights
- Stone and stucco building with chalet‑style architecture
- 100' x 435' lot
- B‑2 Highway Business District zoning
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
$17,763
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
4.18%
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%
$355,260
$355.3K
Cap Rate 7%
$253,757
$253.8K
Cap Rate 9%
$197,367
$197.4K
Market Conditions
NOI Build-Up for 2,136 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
$28.2K $13.20/SF
− Vacancy
−$2.8K −$1.32/SF
EGI
$25.4K $11.88/SF
− OpEx
−$7.6K −$3.56/SF
NOI
$17.8K $8.32/SF
Area
Luzerne County, PA
Vacancy
10.00%
Lease Rate
$13.20 /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%
$355,260
Cap Rate 7%
$253,757
Cap Rate 9%
$197,367
Alternative Uses
Best Use
Retail
$253.8K
$222.0K – $296.1K
NOI $17,763 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$676.7K
$592.1K – $789.5K
NOI $47,368 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 18707, PA
16,042
Population
6,554
Households
2.4
Avg Household Size
46
Median Age
44%
College-Educated
96%
High-School Grad
51.0 sq mi
ZIP Area
315
Density / Sq Mi
$105,281
Median Household Income
$55,669
Median Earnings
$864
Median Rent
$277,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - B-2-zoned commercial property supporting retail, service, recreational, entertainment, and residential uses.
Where is this retail space located?
The property is located at 682 S Mountain Blvd Mountain Top, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Stone and stucco building with chalet‑style architecture; 100' x 435' lot; B‑2 Highway Business District zoning
