Brick Strip Center with
For Sale
$350,000
MAIN & CENTER Street, Mahanoy City, PA 17948
Commercial Sale, MAHANOY CITY, PA
Property Size2,731 SF
Lot Size0.21 Acres
Price / SF$128.16
Days on Market51
Property Features for MAIN & CENTER Street
General Information
Property type
Other
Property subtype
Retail
Parking
6
Parking features
On Street, Parking Lot
Elementary school district
MAHANOY AREA
Middle school district
MAHANOY AREA
High school district
MAHANOY AREA
Standard status
Active
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
5158
Utilities
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Amenities
covered pedestrian walkway
Building Details
Year built
2000
Building materials
Brick
Listing Agency:
Iron Valley Real Estate Keystone
(570) 205-6260
Listed By:
Guy Julian · License #RS343403
(570) 593-0135
Added: Aug 18
Changed: Sep 17
Last Checked: Oct 7 at 5:06PM
MLS# PASK2029074
Copyright © 2026 Bright 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 2,731-square-foot strip center contains two retail storefronts designed around visible merchandising areas and practical back-of-house functions. Both suites include display windows and access beneath a covered pedestrian walkway. Interior layouts provide bright sales areas along with space that can accommodate private offices or utility functions and restroom facilities. Brick construction, a metal roof, central air, electric heating, and heat-pump service support the building’s physical configuration.
A drive-through canopy associated with a local bank adds a distinct site feature and may support separate occupancy. The property occupies 0.21 acres at Main & Center Street in Mahanoy City, Pennsylvania. Parking is available through an on-site lot and on-street spaces. Built in 2000, the property offers a compact commercial footprint with two separately usable storefront areas.
A drive-through canopy associated with a local bank adds a distinct site feature and may support separate occupancy. The property occupies 0.21 acres at Main & Center Street in Mahanoy City, Pennsylvania. Parking is available through an on-site lot and on-street spaces. Built in 2000, the property offers a compact commercial footprint with two separately usable storefront areas.
Key Highlights
- 2,731 SF strip center with two retail storefronts
- 0.21‑acre site at Main & Center Street
- Brick construction with a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,505
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,100
$390.1K
Cap Rate 7%
$278,643
$278.6K
Cap Rate 9%
$216,722
$216.7K
Market Conditions
NOI Build-Up for 2,731 SF
Gross rent
$31.1K $11.40/SF
− Vacancy
−$3.3K −$1.20/SF
EGI
$27.9K $10.20/SF
− OpEx
−$8.4K −$3.06/SF
NOI
$19.5K $7.14/SF
Area
Schuylkill County, PA
Vacancy
10.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,100
Cap Rate 7%
$278,643
Cap Rate 9%
$216,722
Alternative Uses
Best Use
Retail
$278.6K
$243.8K – $325.1K
NOI $19,505 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.7K
$358.5K – $477.9K
NOI $28,676 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,564 visits/mo
0.5 miles
Demographics for 17948, PA
4,258
Population
2,555
Households
1.7
Avg Household Size
43
Median Age
9%
College-Educated
85%
High-School Grad
19.2 sq mi
ZIP Area
222
Density / Sq Mi
$45,720
Median Household Income
$36,063
Median Earnings
$932
Median Rent
$39,600
Median Home Value
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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?
Strip mall - Two retail suites offer display windows, covered customer access, and flexible front-of-house layouts.
Where is this strip mall located?
The property is located at MAIN & CENTER Street Mahanoy City, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,731 SF strip center with two retail storefronts; 0.21‑acre site at Main & Center Street; Brick construction with a metal roof
