Former Service Station
For Sale
$459,900
7371 Route 328, Millerton, PA 16936
Commercial Sale, Millerton, PA
Property Size1,800 SF
Lot Size2.62 Acres
Price / SF$255.50
Days on Market1975
Property Features for 7371 Route 328
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Elementary school district
Troy Area
Middle school district
Troy Area
High school district
Troy Area
Subdivision
Bradford
Standard status
Active
Size
1,800 SF
Lot size
2.62 Acres
Building Details
Year built
1954
Listing Agency:
JoAnne Kizer Real Estate
(570) 268-7653
Listed By:
Thomas Calaman
(570) 529-0649
Added: May 13, 2021
Changed: Sep 6
Last Checked: Oct 8 at 6:06AM
MLS# 31711293
Copyright © 2026 Northern Mountains of Pennsylvania MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property includes an approximately 1,800-square-foot former service station building constructed in 1954. The building has been unoccupied for over 10 years and includes one bathroom.
The property encompasses 2.62 acres, including an adjacent 0.87-acre parcel in New York. The site is located at 7371 Route 328 in Millerton, Pennsylvania, and is offered for commercial use.
The property encompasses 2.62 acres, including an adjacent 0.87-acre parcel in New York. The site is located at 7371 Route 328 in Millerton, Pennsylvania, and is offered for commercial use.
Key Highlights
- 2.62‑acre property including an adjacent 0.87‑acre parcel in New York
- Approximately 1,800 square feet of building area
- Former service station building constructed in 1954
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,789
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,780
$295.8K
Cap Rate 7%
$211,271
$211.3K
Cap Rate 9%
$164,322
$164.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$22.0K $12.24/SF
− Vacancy
−$2.3K −$1.29/SF
EGI
$19.7K $10.95/SF
− OpEx
−$4.9K −$2.74/SF
NOI
$14.8K $8.22/SF
Area
Tioga County, PA
Vacancy
10.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,780
Cap Rate 7%
$211,271
Cap Rate 9%
$164,322
Alternative Uses
Best Use
Specialty Retail
$211.3K
$184.9K – $246.5K
NOI $14,789 @ 7.0% cap · market cap 3.22%
Second Best
Industrial
$150.0K
$131.3K – $175.1K
NOI $10,503 @ 7.0% cap · market cap 2.28%
Theoretical Best
Healthcare Medical
$306.6K
$268.3K – $357.7K
NOI $21,464 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 16936, PA
2,111
Population
1,038
Households
2
Avg Household Size
49
Median Age
16%
College-Educated
93%
High-School Grad
47.6 sq mi
ZIP Area
44
Density / Sq Mi
$56,958
Median Household Income
$41,147
Median Earnings
$932
Median Rent
$166,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Gas station - Former service station offered for commercial use with an existing bathroom.
Where is this gas station located?
The property is located at 7371 Route 328 Millerton, PA.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 2.62‑acre property including an adjacent 0.87‑acre parcel in New York; Approximately 1,800 square feet of building area; Former service station building constructed in 1954
