Flex Office with Warehouse
682 Tunkhannock Avenue Exeter, PA 18643
682 Tunkhannock Avenue, Exeter, PA, 18643
Contact for pricing
For Sale
Contact for pricing
Pending
Mixed-use building featuring professional office space plus a large warehouse/garage and ample parking for customers and staff.
Property Size2,500 SF
Days on Market602
Property Features for 682 Tunkhannock Avenue
General Information
- Standard status
- Pending
- Size
- 2,500 SF
- Property subtype
- Special Purpose
Listing agency
Coldwell Banker Town & Country Real Estate
Listed by
Kimberly Schwartz · License #RS340786
Source
Crexi
Added: Nov 27, 2024 Updated: Jul 22 at 4:12AM Checked: Jul 22 at 4:12AM
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 Coldwell Banker Town & Country Real Estate
Investment Insights
Based on property information with market context.
This mixed-use commercial building is currently configured as professional offices alongside a large warehouse/garage. The property combines office use with an industrial-style space designed for storage and light operations, supporting flexible day-to-day needs on the same site.
Directions listed for access include traveling from Route 309 to Exit 4, then R onto Rutter Ave., L onto River St, R onto Wyoming Ave., and L onto Tunkhannock Ave. The public remarks also describe the property as being in a high-traffic location with plenty of parking.
The warehouse/garage is noted as measuring 60 x 90, and the overall offering is presented for sale by a motivated seller.
Directions listed for access include traveling from Route 309 to Exit 4, then R onto Rutter Ave., L onto River St, R onto Wyoming Ave., and L onto Tunkhannock Ave. The public remarks also describe the property as being in a high-traffic location with plenty of parking.
The warehouse/garage is noted as measuring 60 x 90, and the overall offering is presented for sale by a motivated seller.
Key Highlights
- Mixed‑use commercial building with professional office space plus a large 60 x 90 warehouse/garage
- Currently used as professional offices
- High‑traffic location
Local Financial Insights For Warehouse
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 | $22.2k | $8.88 |
| − Vacancy | −$1.2k | −$0.50 |
| EGI | $21.0k | $8.38 |
| − OpEx | −$3.1k | −$1.26 |
| NOI | $17.8k | $7.13 |
2,500 SF · lease $8.88/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Office B
$630.1K
$551.3K – $735.1K
NOI $44,105 @ 7.0% cap · market cap 16.04%
Second Best
Warehouse
$254.5K
$222.7K – $296.9K
NOI $17,813 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$792.0K
$693.0K – $924.0K
NOI $55,440 @ 7.0% cap · market cap 20.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Mixed-use building featuring professional office space plus a large warehouse/garage and ample parking for customers and staff.
Where is this flex space located?
The property is located at 682 Tunkhannock Avenue Exeter, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Mixed‑use commercial building with professional office space plus a large 60 x 90 warehouse/garage; Currently used as professional offices; High‑traffic location
