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For sale
  • $550,000

    101 E Colliery Ave, Tower City, PA 17980

    6beds
    2baths
    2,764sqft
    : 
    $3,619/mo
    Get pre-qualified
    Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $199/sqft
    $-- HOA

    What's special

    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.
    233 days
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    133
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Autumn Sanger 717-679-4062,

    Compass RE 6109470408

    Source: Bright MLS,MLS#: PASK2024832MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      Heating
      • Baseboard, Electric
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 14,969
      • Total interior livable area: 2,764 sqft

      Property

      Parking
      • Parking features: Parking Lot
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1.24 Acres
      Details
      • Additional structures: Above Grade
      • Parcel number: 66010017
      • Zoning: R2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Siding, Brick, Block
      • Foundation: Other
      • Roof: Shingle,Rubber
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Available, Sewer Available, Electricity Available

      Community & HOA

      Community
      • Subdivision: Tower City
      Location
      • Region: Tower City
      • Municipality: TOWER CITY BORO

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $65,745
      • Annual tax amount: $4,823
      • Date on market: 12/9/2025
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/30/2026Price change$550,000-8.3%$199/sqft
        Source: Bright MLS #PASK2024832 Report a problem
        12/9/2025Listed for sale$600,000+140.1%$217/sqft
        Source: Bright MLS #PASK2024832 Report a problem
        9/5/2020Listing removed$249,900$90/sqft
        Source: Coldwell Banker Residential Brokerage-Wyomissing #PASK130374 Report a problem
        4/14/2020Listed for sale$249,900+31.6%$90/sqft
        Source: Coldwell Banker Residential Brokerage - Wyomissing #PASK130374 Report a problem
        11/25/2008Listing removed$189,900$69/sqft
        Source: XDeadline.com Inc #34985 Report a problem
        9/14/2008Listed for sale$189,900$69/sqft
        Source: XDeadline.com Inc #34985 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 17980

        Getting around

        30 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Williams Valley

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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