Flex Space with Warehouse and
For Sale
$950,000
707 River Street, Peckville, PA 18452
Dock-height loading, a walk-in cooler, and air-conditioned office suites support a range of commercial operations.
Property Size11,530 SF
Price / SF$79.17
Days on Market154
Property Features for 707 River Street
General Information
Standard status
Active
Size
11,530 SF
Property subtype
Commercial
Zoning
Commercial
Warehouse & Industrial
Warehouse Space
8,000 SF
Office Build-Out
4,000 SF
Cold Storage
Yes
Additional Details
Highway Access
Yes
Property Use
Industrial and Office
Taxes and HOA fees
Annual Taxes
$2,941
Building Details
Building Size
11,530 SF
Year Built
1928
Stories
2
Listing Agency:
SER Commercial Real Estate, LLC
(570) 431-7400
Listed By:
Christina Marie Heyne · License #RB069216
(570) 350-5045
Source:
Sercommercial
Added: Jun 2
Changed: Nov 2
Last Checked: Jul 21 at 7:29PM
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, LLC
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Investment Insights
Based on property information with market context.
This 11,530-square-foot 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 warehouse includes dock-height loading and a walk-in cooler, while additional storage is available on the lower level and second floor. Central air conditioning serves the office areas. The property was built in 1928 and is zoned Commercial.
The facility is in Peckville, a few minutes from the Casey Highway, with access to regional transportation routes throughout Northeastern Pennsylvania.
The facility is in Peckville, a few minutes from the Casey Highway, with access to regional transportation routes throughout Northeastern Pennsylvania.
Key Highlights
- 11,530 square feet of flex space
- Approximately 8,000 square feet of high‑clearance warehouse area and 4,000 square feet of office suites
- Dock‑height loading and a walk‑in cooler
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
Warehouse
$1.21M
$1.06M – $1.42M
NOI $85,022 @ 7.0% cap · market cap 8.95%
Second Best
Industrial
$1.00M
$875.2K – $1.17M
NOI $70,018 @ 7.0% cap · market cap 7.37%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18452, PA
4,950
Population
2,502
Households
2
Avg Household Size
47
Median Age
25%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
2,605
Density / Sq Mi
$58,526
Median Household Income
$32,234
Median Earnings
$960
Median Rent
$189,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Pietro's — 819 Church St, Jessup, PA 18434
- Clara May’s Kitchen — 518 Main St, Peckville, PA 18452
Frequently Asked Questions
What type of property is this?
Flex space - Dock-height loading, a walk-in cooler, and air-conditioned office suites support a range of commercial operations.
Where is this flex space located?
The property is located at 707 River Street 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: 11,530 square feet of flex space; Approximately 8,000 square feet of high‑clearance warehouse area and 4,000 square feet of office suites; Dock‑height loading and a walk‑in cooler
