Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    212 St Berwick, PA 18603
    Back to Search
    Property profile & analytics

    212 St Berwick, PA 18603

    View on Map
    • Commercial real estate
    • 25,326 SF
    • 0.58 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 212 St

    Year built
    1969
    Lot size
    0.58 lot acres
    Property size
    25,326 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property in Berwick, PA, presents a lucrative investment opportunity for savvy entrepreneurs. Located at 212 Street S Poplar, the 25,326 square foot building sits on a 0.58-acre lot and is offered at $449,999. The property boasts four fully renovated car wash bays, each equipped with upgraded systems including undercarriage cleaning and air dryers, ready for immediate operation and revenue generation. The existing bays represent a turnkey operation, minimizing initial investment and maximizing immediate return. Beyond the existing bays, the property offers significant expansion potential. Three additional bays are prepped and ready for customization, allowing for the seamless addition of automatic systems or other desired features to enhance customer experience and operational efficiency. The entire facility features heated cement floors, ensuring year-round operation and customer comfort regardless of weather conditions. This combination of existing income-generating assets and substantial expansion potential makes this a truly unique and attractive investment opportunity in a desirable location. The property's size and features offer significant flexibility for future development and adaptation to evolving market demands.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berwick
    County
    Columbia
    State
    Pennsylvania
    Longitude
    -76.2584
    Latitude
    41.0491

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      9th St

      COMMERCIAL (GENERAL) • 0.19 Acres
      9th St, Berwick, PA 18603
      View Details
    • Value Estimation by Request
      0.10 Acres

      Coughlin St

      COMMERCIAL (GENERAL) • 0.10 Acres
      Coughlin St, Berwick, PA 18603
      View Details
    • Value Estimation by Request
      2.40 Acres

      966 Salem Blvd

      COMMERCIAL (GENERAL) • 2.40 Acres
      966 Salem Blvd, Berwick, PA 18603-6840
      View Details
    • Value Estimation by Request
      0.73 Acres

      283 Evansville Rd

      COMMERCIAL (GENERAL) • 0.73 Acres
      283 Evansville Rd, Berwick, PA 18603
      View Details
    • Value Estimation by Request

      1150 Pne St

      COMMERCIAL (GENERAL)
      1150 Pne St, Berwick, PA 18603
      View Details
    • Value Estimation by Request
      0.10 Acres

      1019 Frnt St

      COMMERCIAL (GENERAL) • 0.10 Acres
      1019 Frnt St, Berwick, PA 18603-4509
      View Details

    Similar Nearby for Sale

    • $859,900
      4,804 SF

      Thriving Restaurant & Saloon in Berwick, PA

      Established Business, 4.76 Acres, Great Location
      1459 Rte, Berwick, PA 18603
      View Details
    • $250,000
      2,200 SF

      225 St, Berwick, PA 18603

      Commercial real estate • 2,200 SF
      225 St, Berwick, PA 18603
      View Details
    • $225,000
      1,018 SF

      125 St, Berwick, PA 18603

      Commercial real estate • 1,018 SF
      125 St, Berwick, PA 18603
      View Details
    • Contact for pricing

      Berwick Land Lot For Sale

      Affordable Berwick lot, conveniently located.
      341 N Vine St, Berwick, PA 18603
      View Details
    • $1,100,000

      Thriving Restaurant and Saloon on 5 Acres

      Established restaurant and saloon with loyal customer base and liquor license.
      1459 State Route 93, Berwick, PA 18603
      View Details
    • Contact for pricing
      10,000 SF

      Warehouse/Distribution Facility on 1.4 Acres

      10,000 SF warehouse/distribution facility located 6 miles from I-80.
      1019 N Vine St, Berwick, PA 18603
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,500 SF

      Retail Space Near National Brands

      Retail space available near high-traffic area and national retailers.
      1875 W Front St, Berwick, PA 18603
      View Details
    • Contact for pricing

      Warehouse/Distribution Facility Near I-80

      10,000 SF warehouse/distribution facility located 6 miles from I-80.
      1019 N Vine St, Berwick, PA 18603
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center for Lease

      131,724 SF retail center anchored by Giant.
      10 Briar Creek Plz, Berwick, PA 18603
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    212 St
    Berwick, PA 18603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    212 St, Berwick, PA, 18603
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!