Flex Industrial
For Sale
Contact for pricing
707 RIVER ST, Peckville, PA
Warehouse, office, loading, and storage areas support varied commercial operations under one roof.
Property Size12,000 SF
Price / SF$79.17
Days on Market138
Property Features for 707 RIVER ST
General Information
Standard status
Active
Size
12,000 SF
Class
C
Property subtype
Office, Industrial
Zoning
Commercial
Investment Type
Owner/User
Warehouse & Industrial
Warehouse Space
8,000 SF
Office Build-Out
4,000 SF
Cold Storage
Yes
Additional Details
Highway Access
Yes
Amenities
dock-height loading
walk-in cooler
additional storage areas
central air conditioning
Building Details
Year Built
1928
Buildings
1
Stories
2
Units
10
Building Size
12,000 SF
Listing Agency:
SER Commercial Real Estate
Listed By:
Donald Hannig · License #PA RM424481
(570) 431-7400
Source:
Crexi
Added: Jun 2
Changed: Oct 10
Last Checked: Oct 16 at 6:45AM
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 SER Commercial Real Estate
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Investment Insights
Based on property information with market context.
This flex property at 707 River Street combines approximately 8,000 square feet of high-clearance warehouse area with 4,000 square feet of office suites. The facility includes dock-height loading, a walk-in cooler, and additional storage on the lower level and second floor. Office space has central air conditioning, while the overall layout accommodates a combination of industrial and administrative functions.
The property is located in Peckville, Pennsylvania, minutes from the Casey Highway and within reach of transportation routes serving Northeastern Pennsylvania. Built in 1928, the 12,000-square-foot facility offers a substantial commercial footprint for distribution, light manufacturing, warehousing, or an integrated office-industrial operation.
The property is located in Peckville, Pennsylvania, minutes from the Casey Highway and within reach of transportation routes serving Northeastern Pennsylvania. Built in 1928, the 12,000-square-foot facility offers a substantial commercial footprint for distribution, light manufacturing, warehousing, or an integrated office-industrial operation.
Key Highlights
- 12,000‑square‑foot flex facility built in 1928
- Approximately 8,000 square feet of high‑clearance warehouse space
- 4,000 square feet of office suites with central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,022
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,440
$1.7M
Cap Rate 7%
$1,214,600
$1.2M
Cap Rate 9%
$944,689
$944.7K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$106.0K $8.83/SF
− Vacancy
−$5.9K −$0.49/SF
EGI
$100.0K $8.34/SF
− OpEx
−$15.0K −$1.25/SF
NOI
$85.0K $7.09/SF
Area
Lackawanna County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,440
Cap Rate 7%
$1,214,600
Cap Rate 9%
$944,689
Alternative Uses
Best Use
Office B
$2.20M
$1.93M – $2.57M
NOI $154,208 @ 7.0% cap · market cap 16.23%
Second Best
Warehouse
$1.21M
$1.06M – $1.42M
NOI $85,022 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$3.05M
$2.67M – $3.55M
NOI $213,208 @ 7.0% cap · market cap 22.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse, office, loading, and storage areas support varied commercial operations under one roof.
Where is this flex space located?
The property is located at 707 RIVER ST Peckville, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 12,000‑square‑foot flex facility built in 1928; Approximately 8,000 square feet of high‑clearance warehouse space; 4,000 square feet of office suites with central air conditioning
