101 E Colliery, Tower City, PA 17980
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
101 E Colliery,Tower City, PA 17980
$600,000
- 6 Beds
- - Baths
- 2,764 sq. ft.
- Multi-family
- Active
Listed by: autumn sanger
Office: compass pennsylvania, llc.
MLS#:PASK2024832
Source:BRIGHTMLS
Price summary
- Price:$600,000
- Price per sq. ft.:$217.08
About this home
Incredible opportunity to own this unique mixed-use property offering over 12,200 sq ft of commercial/industrial space plus two tenant-occupied residential units. Perfect for an owner-user seeking a shop, warehouse, or headquarters while generating rental income, or for an investor looking to maximize returns with multiple income streams. Property is already producing steady income from two residential units, with the entire commercial portion vacant and ready for customization. Only minutes to Route 81 and Route 78, providing excellent access for logistics, trades, deliveries, and regional business operations. Zoned Industrial, this property supports a wide range of uses including warehouse, storage, automotive, light manufacturing, trades, distribution, retail showroom, flex space, or multi-tenant configuration. The commercial section is divided into four versatile spaces, allowing enormous flexibility: Section 1: 3,150 sq ft (New Construction Shell) • Two-story open-span space • Brand-new framing and structural beams • Impressive window frontage and natural light • Ready to finish for showroom, office, warehouse, retail, or studio use Section 2: 2,513 sq ft (Garage / Shop Space) • Multiple oversized garage doors • Bright, clean concrete floors • Ideal for auto, equipment, contractor storage, mechanic bays, fabrication, or fulfillment Section 3: 2,944 sq ft (Two Levels) • Finished ceilings and lighting • Flexible layout for retail, workshop, office suites, or storage • Excellent opportunity to create subdivided commercial units Section 4: 3,594 sq ft (Value-Add Space) • Two floors in need of renovation • Can be repurposed for storage, warehouse expansion, or redevelopment • Tremendous upside for investors Major Improvements • New metal roof • New sewer connection • New water main • New PPL electric service • New framing and structural reinforcement These upgrades significantly reduce future capital expenses and provide a strong foundation for build-outs. Residential Income (Already Rented) • 141 Colliery Ave – $1,000/mo, tenant pays electric • 143 Colliery Ave – $1,200/mo, tenant pays electric Two spacious 1,382 sq ft units generating consistent rental income. Financial Upside • Market commercial/industrial rents projected at $10 per sq ft annually • Annual taxes: $4,823 • Total commercial potential: $122,010/yr • Extremely strong 18.19% cap rate at list price • Perfect for investors seeking cash flow, or an owner-user looking to offset business overhead with rental income Whether you’re expanding your business, building an investment portfolio, or creating multiple tenant spaces—this property offers scale, flexibility, and significant income potential. A rare opportunity with unbeatable upside.
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Home facts
- Year built:1970
- Listing ID #:PASK2024832
- Added:1 day(s) ago
- Updated:December 11, 2025 at 02:42 PM
Rooms and interior
- Bedrooms:6
- Living area:2,764 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Rubber, Shingle
- Year built:1970
- Building area:2,764 sq. ft.
- Lot area:1.24 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$600,000
- Price per sq. ft.:$217.08
- Tax amount:$4,823 (2025)
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