$1,800,000

817-821 S Main Street, Old Forge, PA 18518, US

Summary

Bedrooms: 0
Style: Business
Sq Ft: 11100
Year Built: 1940

Moving Quotes

primary photo for 817-821 S Main Street, Old Forge, PA 18518, US

Remarks

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.

Details

MLS#: SC2530
Price: $1,800,000

Style: Business
Bedrooms: 0
Sq Ft: 11100
Year Built: 1940

County: Lackawanna
Lot Size: 52X196X50X211
Tax Fee: 12536.06

School District: Old Forge

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Broker Contact


ERA One Source Realty
230 Northern Blvd.
Clarks Summit, PA, 18411
US
Sunita Arora
! (570) 587-9999
! sunitaarora11@gmail.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Greater Scranton Board of Realtors MLS
Last updated: 2024-05-15T23:01:26.000-04:00.
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