101 E Colliery Ave Tower City, PA 17980
Estimated payment $3,524/month
Highlights
- 1.24 Acre Lot
- Ceiling Fan
- Wood Siding
- Cooling Available
- Electric Baseboard Heater
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,823
Year Built
- Built in 1970
Lot Details
- 1.24 Acre Lot
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
- Rubber Roof
- Wood Siding
Interior Spaces
- Ceiling Fan
Utilities
- Cooling Available
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 3 Units
- Tower City Subdivision
Listing and Financial Details
- Assessor Parcel Number 66-01-0017-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,646 | $65,745 | $7,440 | $58,305 |
| 2024 | $4,175 | $65,745 | $7,440 | $58,305 |
| 2023 | $4,044 | $65,745 | $7,440 | $58,305 |
| 2022 | $4,031 | $65,745 | $7,440 | $58,305 |
| 2021 | $3,968 | $65,745 | $7,440 | $58,305 |
| 2020 | $3,968 | $65,745 | $7,440 | $58,305 |
| 2018 | $3,968 | $65,745 | $7,440 | $58,305 |
| 2017 | $3,771 | $65,745 | $7,440 | $58,305 |
| 2015 | -- | $65,745 | $7,440 | $58,305 |
| 2011 | -- | $86,415 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $600,000 | -- | $217 / Sq Ft |
Source: Bright MLS
MLS Number: PASK2024832
APN: 66-01-0017.000
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Ask me questions while you tour the home.