Active
817-821 S Main Street
Old Forge PA, 18518
$1,800,000
$162.16 per sqft
Active
11,100 sqft
Commercial
Built in 1940
Seize the chance to invest in a lucrative strip mall located in the heart of Old Forge. This exceptional property offers a diverse mix of tenants, ensuring a stable and reliable income stream. Fully rented and meticulously maintained, this strip mall promises an excellent return on investment. Old Forge a thriving community known for its steady growth and vibrant local economy. Fully rented with long-term leases, providing immediate and consistent cash flow. A series of established doctors' offices, ensuring high foot traffic and consistent demand. A well-known pharmacy catering to the healthcare needs of the community.One apartment, adding a residential aspect to the investment mix.The Two well-maintained buildings with modern amenities and facilities offering ample parking space available for tenants and visitors, enhancing convenience and accessibility. With all units currently leased, investors can expect a steady rental income.The combination of medical offices, a pharmacy, and a residential unit provides a balanced income stream and reduces risk. Situated in a strategic area of Old Forge, the property benefits from high visibility and easy access, contributing to tenant retention and consistent demand Detailed financials available upon request, showcasing a strong rental history and attractive yield. The property is located in a growth corridor, promising potential appreciation in value over time.
SC2530
MLSⓇ ID
May 15, 2024
Listed
November 25, 2024
Updated
Map
817-821 S Main Street
Old Forge PA, 18518
Interior Features
Total Stories
2
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.24 Acres
Lot Features
Level
Roof
Rubber
Sewer
Public Sewer
School Information
School District
Old Forge
Other Property Details
Taxes
$12,536
Tax Frequency
Annually
Days on Market
194
Garage
No
Parking
Parking Lot, Paved
View
No
County
Lackawanna
Water Source
Public
Pool
No
Zoning
RT007
Listed by Sunita Arora with ERA One Source Realty
Listing Contact:
The IDX display contains information sourced from the Greater Scranton Board of REALTORS® as of 11/25/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/25/2024 at 9:40 PM UTC