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Rite Aid 24 East Ave 13,813 SF Retail Building Wellsboro, PA 16901 $2,250,000 ($162.89/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,813 SF
Building Class
B
Year Built
2003
Price
$2,250,000
Price Per SF
$162.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.37 AC
Zoning
HC
Parking
51 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
63’ on East Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 13,813 SF
  • Retail
  • Outparcel
  • Now

Now available for lease, this 13,813 SF retail building at 24 East Avenue in Wellsboro, PA presents a prime opportunity for retailers seeking a high-visibility location with built-in infrastructure. The property includes a drive-through, overhead delivery door, and ample parking with approximately 50 spaces. Zoned HC, the site supports a wide range of retail uses and is ideal for tenants such as grocery stores, banks, credit unions, or hardware retailers. Located in a picturesque town known for its tourism and community events, the building benefits from a steady flow of local and visitor traffic. The surrounding area includes national and regional tenants like CVS, UPMC, and Edward Jones, contributing to a strong commercial ecosystem. With 12,000 vehicles passing daily and direct access to US Route 6 and PA Route 287, tenants will enjoy excellent exposure and accessibility. The interior layout includes cooler space, storage areas, and a welcoming main entrance, making it easy to adapt for various retail formats. Wellsboro’s demographic profile—with a median age of 45 and household income nearing $63,000—supports a diverse customer base. This is a rare chance to establish a presence in a well-trafficked, community-oriented location.

Space Size Space Use Position Available
1st Floor 13,813 SF Retail Outparcel Now

1st Floor

Size
13,813 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 13,813 SF
Space Use Retail
Position Outparcel
Available Now

Now available for lease, this 13,813 SF retail building at 24 East Avenue in Wellsboro, PA presents a prime opportunity for retailers seeking a high-visibility location with built-in infrastructure. The property includes a drive-through, overhead delivery door, and ample parking with approximately 50 spaces. Zoned HC, the site supports a wide range of retail uses and is ideal for tenants such as grocery stores, banks, credit unions, or hardware retailers. Located in a picturesque town known for its tourism and community events, the building benefits from a steady flow of local and visitor traffic. The surrounding area includes national and regional tenants like CVS, UPMC, and Edward Jones, contributing to a strong commercial ecosystem. With 12,000 vehicles passing daily and direct access to US Route 6 and PA Route 287, tenants will enjoy excellent exposure and accessibility. The interior layout includes cooler space, storage areas, and a welcoming main entrance, making it easy to adapt for various retail formats. Wellsboro’s demographic profile—with a median age of 45 and household income nearing $63,000—supports a diverse customer base. This is a rare chance to establish a presence in a well-trafficked, community-oriented location.

NEARBY MAJOR RETAILERS

Curves
Tops Friendly Markets
Northwest Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-07H00-006
Land Assessment
$461,700
Improvements Assessment
$2,487,830
Total Assessment
$2,949,530
  • Listing ID: 37802560

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 24 East Ave, Wellsboro, PA 16901

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