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Industrial Flex Space with Dock Loading
For Sale
$950,000

707 River Street, Peckville, PA 18452

Commercial Sale, Peckville, PA

Property Size12,000 SF
Lot Size0.38 Acres
Price / SF$82.39
Days on Market137

Property Features for 707 River Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Basement Full
Subdivision Blakely Borough
Standard status Active
APN 10417010074
Size 11,530 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 200X65x200x83 Bldg & Land W-01 B-0190 L-0300 P-00000
Tax Annual Amount 2942
Legal Description 200X65x200x83 Bldg & Land W-01 B-0190 L-0300 P-00000

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Amenities

dock-height loading
walk-in cooler
central air conditioning

Building Details

Year built 1928
Floors in Building 2
Listing Agency: SER Commercial Real Estate, LLC
Listed By: Christina Marie Heyne · License #RB069216
Added: Jun 2 Changed: Sep 30 Last Checked: Oct 16 at 5:06PM
MLS# PM-141803

Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 11,530-square-foot flex property combines approximately 8,000 square feet of warehouse space with 4,000 square feet of office suites. The industrial area includes high-clearance space, dock-height loading, a walk-in cooler, and additional storage on the lower level and second floor. Office areas feature central air conditioning, while the property is heated by natural gas and served by public sewer.

Built in 1928, the facility occupies 0.38 acres at 707 River Street in Peckville, Pennsylvania. Its location is minutes from the Casey Highway, providing access to regional transportation routes throughout Northeastern Pennsylvania. The configuration supports distribution, light manufacturing, warehousing, and combined office-industrial operations.

Key Highlights

  • 11,530‑square‑foot flex property on 0.38 acres
  • Approximately 8,000 square feet of warehouse space and 4,000 square feet of office suites
  • High‑clearance warehouse with dock‑height loading and a walk‑in cooler

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,692
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,840 $1.6M
Cap Rate 7%
$1,167,029 $1.2M
Cap Rate 9%
$907,689 $907.7K
Market Conditions
NOI Build-Up for 11,530 SF
Gross rent
$101.8K $8.83/SF
− Vacancy
−$5.7K −$0.49/SF
EGI
$96.1K $8.34/SF
− OpEx
−$14.4K −$1.25/SF
NOI
$81.7K $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%
$1,633,840
Cap Rate 7%
$1,167,029
Cap Rate 9%
$907,689

Alternative Uses

Best Use
Office B
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,168 @ 7.0% cap · market cap 15.60%
Second Best
Warehouse
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,692 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$2.93M
$2.56M – $3.41M (±1% cap)
NOI $204,857 @ 7.0% cap · market cap 21.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

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 - Combined warehouse and office areas support distribution, storage, light manufacturing, and administrative 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‑foot flex property on 0.38 acres; Approximately 8,000 square feet of warehouse space and 4,000 square feet of office suites; High‑clearance warehouse with dock‑height loading and a walk‑in cooler
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