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Net-Leased Distribution Center
For Sale
$1,750,000

85 W Charles St, Lewistown, PA 17044

The facility combines warehouse, office, and showroom areas with loading access and outdoor space for industrial operations.

Property Size35,700 SF
Price / SF$49.02
Days on Market9

Property Features for 85 W Charles St

General Information

Standard status Active
Size 35,700 SF
Property subtype Industrial

Site & Location

Outdoor Storage Yes
Utilities to Site Yes

Amenities

Fiber-optic connectivity

Building Details

Building Size 35,700 SF
Year Built 1946
Buildings 1
Listed By: Steve Willems, SIOR
Source: Naikeystone
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 9 at 5:05PM

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 Steve Willems, SIOR

Investment Insights

Based on property information with market context.

At 85 W. Charles Street in Lewistown, the 35,700-square-foot distribution facility includes warehouse space, offices, and a showroom. Built in 1946, it has multiple drive-in doors and a loading dock, along with surface parking and additional land used for truck circulation and outdoor storage. Fiber-optic connectivity and public utilities serve the property.

Richelieu America Ltd., a distributor of woodworking, furniture, and specialty building products, occupies the building. Its lease has a five-year extension through September 2031, with annual rental increases. The site consists of four parcels.

Key Highlights

  • 35,700‑square‑foot industrial and warehouse facility
  • Occupied by Richelieu America Ltd., a distributor serving woodworking, furniture, and specialty building products industries
  • Five‑year lease extension runs through September 2031, with annual rental increases

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

Demographics for 17044, PA

20,681
Population
10,167
Households
2
Avg Household Size
46
Median Age
14%
College-Educated
84%
High-School Grad
95.4 sq mi
ZIP Area
217
Density / Sq Mi
$58,253
Median Household Income
$38,341
Median Earnings
$791
Median Rent
$126,000
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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - The facility combines warehouse, office, and showroom areas with loading access and outdoor space for industrial operations.
Where is this distribution center located?
The property is located at 85 W Charles St Lewistown, PA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 35,700‑square‑foot industrial and warehouse facility; Occupied by Richelieu America Ltd., a distributor serving woodworking, furniture, and specialty building products industries; Five‑year lease extension runs through September 2031, with annual rental increases
More about this property
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