Mixed-Use Property on Main
For Sale
$595,000
961 Main St, Dickson City, PA 18519
Prime corner lot for commercial or residential development.
Property Size2,000 SF
Price / SF$297.50
Days on Market274
Property Features for 961 Main St
General Information
Standard status
Active
Size
2,000 SF
Taxes and HOA fees
Annual Taxes
$2,683
Listing Agency:
ERA One Source Realty, Peckville
(570) 489-8080
Listed By:
Ronald Koruszko · License #RS183790L
(570) 499-3880
Source:
Exprealty
Added: Jan 12
Changed: Oct 10
Last Checked: Oct 13 at 12:10AM
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 ERA One Source Realty, Peckville
Investment Insights
Based on property information with market context.
This mixed-use property is located on Main Street in Dickson City. The property is strategically placed in an area of progress and growth, near a hospital and I-81. It features a highly visible corner lot zoned for mixed-use, allowing for commercial and/or residential development. The lot has 250 feet of frontage on Main Street, 192 feet on Jermyn Street, and 250 feet on Grant Court. The property size is 2000 square feet.
Key Highlights
- Prime mixed‑use property on Main St Dickson City.
- Strategically placed near Hospital and I81.
- Highly visible corner lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,701
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,020
$514.0K
Cap Rate 7%
$367,157
$367.2K
Cap Rate 9%
$285,567
$285.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$40.1K $20.04/SF
− Vacancy
−$5.8K −$2.91/SF
EGI
$34.3K $17.13/SF
− OpEx
−$8.6K −$4.28/SF
NOI
$25.7K $12.85/SF
Area
Lackawanna County, PA
Vacancy
14.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,020
Cap Rate 7%
$367,157
Cap Rate 9%
$285,567
Alternative Uses
Best Use
Office B
$367.2K
$321.3K – $428.4K
NOI $25,701 @ 7.0% cap · market cap 4.32%
Second Best
Mixed Use
$289.3K
$253.1K – $337.5K
NOI $20,250 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$507.6K
$444.2K – $592.3K
NOI $35,535 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 18519, PA
5,000
Population
2,672
Households
1.9
Avg Household Size
45
Median Age
26%
College-Educated
86%
High-School Grad
2.4 sq mi
ZIP Area
2,083
Density / Sq Mi
$58,061
Median Household Income
$44,533
Median Earnings
$924
Median Rent
$165,300
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Prime corner lot for commercial or residential development.
Where is this mixed-use property located?
The property is located at 961 Main St Dickson City, PA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Prime mixed‑use property on Main St Dickson City.; Strategically placed near Hospital and I81.; Highly visible corner lot.
