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.

©2024 Greater Scranton Board of REALTORS® all rights reserved.

Data last updated on 11/25/2024 at 9:40 PM UTC

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