24 East Ave - Drug Store FOR SALE


Wellsboro, PA 16901
$2,250,000 USD
570-326-1561
24 East Ave, Wellsboro, PA for Sale
$2,250,000 USD
Drug Store - FOR SALE
1/24
null | Request Cap Rate

24 East Ave
Wellsboro, PA 16901


HIGHLIGHTS

  • Freestanding retail building with drive-through and delivery door.
  • Located on a 1.37-acre corner lot with 50 parking spaces.
  • Positioned in Wellsboro’s historic downtown near CVS and UPMC.
  • High visibility with 12,000 vehicles per day.
  • Zoned HC, suitable for grocery, banking, or hardware uses.

OVERVIEW

Positioned on a prominent corner lot in the heart of Wellsboro, PA, this freestanding retail asset offers a compelling opportunity for investors or owner-users seeking visibility, flexibility, and community connectivity. Formerly home to Rite Aid, the 13,813 SF building sits on 1.37 acres and features a drive-through, overhead delivery door, and approximately 50 parking spaces. Built in 2003, the property benefits from strong traffic exposure with 12,000 vehicles per day and is zoned HC, allowing for a wide range of commercial uses. Wellsboro is a vibrant borough known for its Victorian charm and proximity to the Pine Creek Gorge—often referred to as the “Grand Canyon of Pennsylvania.” The town draws over 20,000 visitors annually for its Dickens of a Christmas celebration and is a regional hub for tourism, commerce, and outdoor recreation. With a median household income of $62,932 and a stable labor force, the area supports a variety of retail concepts including grocery, banking, hardware, and medical services. This property’s location along US Route 6 and PA Route 287 ensures excellent regional access, while its proximity to anchors like CVS, UPMC, and Edward Jones enhances its commercial appeal. Whether repositioned for a single tenant or subdivided for multiple users, this site offers long-term value in a growing market.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rite Aid

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

HC

APN/PARCEL ID

39-07H00-006

ASK ABOUT THIS PROPERTY

Nathan WhiteFCG Fish Commercial GroupMore Info
570-326-1561

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Nathan WhiteFCG Fish Commercial GroupMore Info
570-326-1561

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.