817 - 821 S Main Street, Old Forge, PA 18518
Lackawanna County
Key Facts
Description
**Cash-Flowing Investment Opportunity - Old Forge, PA**Well-maintained multi-tenant commercial property offering stable income with additional upside potential.**Building #1 - 7,200 SF single-story medical office building* Occupied by a pharmacy and two medical practices* One vacant suite available for lease, providing immediate value-add potential**Building #2 - 3,600 SF mixed-use building* Retail/optometrist office in the front portion* One-bedroom apartment in the rear, providing additional rental incomeThe current owner pays real estate taxes.**Owner-User Opportunity:**Suite 3 in Building #1 is available for occupancy. The existing optometrist tenant is willing to relocate to this suite, allowing a purchaser to occupy the retail space in Building #2 while maintaining rental income from the remaining tenants.This property offers a combination of established tenancy, income generation.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
2006
Living Area
10,800 sq ft
Lot Size
0.60 acres
Lot Dimensions
59X144X67X130
Parking Spaces
28
Zoning
C-1 Main St Com
Days on Market
24
MLS® Listing#
SC262501
Property Features
Cooling
Heating
Flooring
Parking
Fencing
Construction
Foundation
Roof
Sewer
Financial Details
Annual Taxes
$17,856
Tax year 2025
Assessed Value
$77,200
Parcel Number
18407020019
Directions
This property sits at the intersection of S Main St and Taroli St.
Affordability Calculator
$250,000
Estimated monthly payment
$6,653/mo
Principal $1,000,000 · Est. interest $1,395,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Old Forge, PA
- $300,000
- Median Listing Price
- 29
- Median Days on Market
- 2,106
- Median Sq Ft
- $132
- Median Price / Sq Ft
- 14
- Active Listings
- This home’s price is 317% above the area median.
- Its price per sq ft is 12% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Old Forge, PA.
Location
Points of Interest in Old Forge, PA
Showing the Old Forge area map.
Nearby Schools
ABC Kiddie Kampus
School · 0.1 mi away
Prince of Peace
School · 0.2 mi away
Old Forge School District
School · 0.6 mi away
Old Forge JSHS
Secondary · 0.6 mi away
Old Forge Elementary School
Elementary · 0.6 mi away
Itsy Bitsy Bookworms, LLC
School · 0.6 mi away
Triboro Christian Academy
School · 0.7 mi away
St Mary's R C Church
School · 1.5 mi away
Riverside School District
Secondary · 1.8 mi away
Riverside Elementary East
Elementary · 2.0 mi away
Aviation Technologies, Inc
School · 2.0 mi away
Humpty Dumpty Kollege
School · 2.7 mi away
Pittston Area Intermediate Center
School · 2.7 mi away
Pittston Area Middle School
School · 2.8 mi away
ABC Kiddie Kampus
School · 3.5 mi away
John F. Kennedy Elementary School
Elementary · 3.6 mi away
Seton Catholic High School
Secondary · 3.7 mi away
Montgomery Avenue Elementary School
Elementary · 3.8 mi away
Wyoming Area Intermediate Center Pto
Secondary · 3.8 mi away
Wellkind School for Early Learners
Elementary · 4.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 817-821 S Main Street, Old Forge, PA | $1,250,000 | — | — | 11,200 |
Moving Cost Estimate
EXIT Agents in Old Forge
Listing Courtesy: Christian Saunders Real Estate - 8003724222
Presented by: Marilee Barone