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817 - 821 S Main Street 2 biens • À vendre 1 762 300 $ CAD • Old Forge, PA


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Faits saillants de l'investissement
- Two-building commercial asset with diversified income from medical, retail, and residential uses.
- Immediate value-add through leasing a vacant medical suite or owner-user occupancy.
- Current ownership pays real estate taxes, improving net operating income.
- Stable cash flow from long-term pharmacy and medical tenants with room for further upside.
- Frontage along South Main Street with strong local visibility and accessibility.
Résumé de l'annonce
Cash-flowing investment opportunity in the heart of Old Forge, PA. This well-maintained, two-building property delivers diversified income streams from established tenants and strong occupancy trends with room for additional upside. Building #1 is a 7,200 SF single-story medical office building anchored by a pharmacy and two long-standing medical practices. One suite is currently vacant, creating immediate potential for value-add leasing or owner-user occupancy.
Building #2 features 3,600 SF of mixed-use space, including a street-front retail/optometrist office complemented by a rear one-bedroom apartment for added rental income. Both buildings benefit from prominent frontage on South Main Street and convenient access to major regional corridors, supporting steady tenant demand and market stability.
The existing tenancy provides predictable cash flow, while the available suite in Building #1 appeals to medical or professional users seeking prime positioning within an established healthcare hub. Additionally, owner-investors can capitalize further by occupying retail space in Building #2, with flexibility supported by tenant willingness to relocate. Real estate taxes are currently covered by ownership, enhancing net operating efficiency. This unique combination of medical, retail, and residential elements makes the property attractive for investors focused on durable income with expansion potential.
Building #2 features 3,600 SF of mixed-use space, including a street-front retail/optometrist office complemented by a rear one-bedroom apartment for added rental income. Both buildings benefit from prominent frontage on South Main Street and convenient access to major regional corridors, supporting steady tenant demand and market stability.
The existing tenancy provides predictable cash flow, while the available suite in Building #1 appeals to medical or professional users seeking prime positioning within an established healthcare hub. Additionally, owner-investors can capitalize further by occupying retail space in Building #2, with flexibility supported by tenant willingness to relocate. Real estate taxes are currently covered by ownership, enhancing net operating efficiency. This unique combination of medical, retail, and residential elements makes the property attractive for investors focused on durable income with expansion potential.
Faits sur la propriété
| Prix | 1 762 300 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 163,18 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 9% | Taille totale du bâtiment | 10 800 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,39 AC |
| Statut | Actif |
| Prix | 1 762 300 $ CAD |
| Prix/pi² | 163,18 $ CAD / pi² |
| Taux de capitalisation | 9% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 10 800 pi² |
| Superficie totale du terrain | 0,39 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Building #1
821 S Main St, Old Forge, PA 18518 |
Bureau | 7 200 pi² | 2000 | - |
|
Building #2
817 S Main St, Old Forge, PA 18518 |
Commerce de détail | 3 600 pi² | - | - |
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817 - 821 S Main Street
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