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Tower City, PA 17980,101 E COLLIERY
Tower City, PA 17980,101 E COLLIERY
Tower City, PA 17980,101 E COLLIERY
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$600,000
Est. payment /mo
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2,764 SqFt
Active

101 E COLLIERY Tower City, PA 17980

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,764 sqft

Price per Sqft $217

Subdivision Tower City

MLS Listing ID PASK2024832

Style Other

Abv Grd Liv Area 2,764

Year Built 1970

Annual Tax Amount $4,823

Tax Year 2025

Lot Size 1.240 Acres

Acres 1.24

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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.

Location

State PA

County Schuylkill

Area Tower City Boro (13366)

Zoning R2

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Ceiling Fan(s)

Heat Source Electric

Exterior

Utilities Available Water Available, Sewer Available, Electric Available

Water Access N

Roof Type Shingle,Rubber

Accessibility None

Road Frontage Boro/Township

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2764

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Williams Valley

Others

Tax ID 66-01-0017-000

Ownership Fee Simple

SqFt Source 2764

Special Listing Condition Standard

Bright MLS (BMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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