Personal Care Facility with Commercial
306 W Main Street, Pen Argyl, PA 18072
COMMERCIAL - Pen Argyl, PA
Property size:
10,600 SFLot size:
0.62 AcresPrice / SF:
$80/SF- Added:
- Apr 10, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 306 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Full
- Standard status
- Active
- APN
- 5665-04-7781-5084
- Size
- 10,600 SF
- Lot size
- 0.62 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Block: 3 /Lot: 3A /School District: 06-Pen Argyl Area
- Tax Annual Amount
- 8870
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas, Hot Water(Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Building materials
- Block, Brick
- Roof type
- Slate
Listing agent Daniel Lichty (570) 801-6170
Listing office TACM Commercial Realty Inc. 2331 Route 209 Unit 5, Sciota, PA (570) 801-6170
Listing date Apr 10, 2026
MLS# PM-140774
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Licensed for 25 beds and operating as a full‑service, private‑pay Personal Care facility with established, experienced staff ensuring a seamless transition.
- High occupancy rate (above 80%) with quick fill times for vacant rooms, indicating strong demand.
- Includes all furniture, fixtures, and equipment (FF&E), a commercial kitchen, and robust infrastructure.
- Recently updated with new flooring, furnace, repainting, common area upgrades, bathroom upgrades, kitchen renovation, and electrical updates.
- Large, all‑brick building (over 10,000 SF) on 0.63 acres, formerly a hospital, converted to Personal Care in 2007, with potential for conversion to other multi‑family uses.
- Convenient in‑town location within 1 hour of major urban centers, easily accessible from a nearby interstate, and close to top‑tier regional healthcare systems.
Overview
This full-service personal care facility is licensed for 25 beds and operates as a private-pay home. Housed in an all-brick building originally constructed as a former hospital and converted to personal care around 2007, the property includes a commercial kitchen, a large dining room, and many dens and sitting rooms designed for resident and family use. Room types vary, with a mix of private, semi-private, and shared rooms, and some rooms offer private baths while others use shared baths. The sale is described as including all furniture, fixtures, and equipment, along with an established, experienced staff for a smooth transition. Infrastructure for day-to-day operations is in place, including power, plumbing, heating, and laundry, and recent updates include new flooring, a new furnace, repainted areas, updated common areas, bathroom upgrades, kitchen renovation, new lighting, and additional electrical updates and minor repairs.
The facility is located conveniently within the community and is accessed from a nearby interstate, with major urban centers reportedly within about an hour. The property sits on approximately 0.62 acres and is described as a main building exceeding 10,000 square feet.
For operators, the existing layout and commercial kitchen support continued use as a personal care home. The remarks also note the opportunity to consider alternative multi-family living concepts, such as group homes or apartments, leveraging the property’s established infrastructure and adaptable room configurations. Current occupancy is reported as above 80%, with available rooms typically filled quickly.
The facility is located conveniently within the community and is accessed from a nearby interstate, with major urban centers reportedly within about an hour. The property sits on approximately 0.62 acres and is described as a main building exceeding 10,000 square feet.
For operators, the existing layout and commercial kitchen support continued use as a personal care home. The remarks also note the opportunity to consider alternative multi-family living concepts, such as group homes or apartments, leveraging the property’s established infrastructure and adaptable room configurations. Current occupancy is reported as above 80%, with available rooms typically filled quickly.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.2k | $12.00 |
| − Vacancy | −$9.9k | −$0.94 |
| EGI | $117.3k | $11.06 |
| − OpEx | −$52.8k | −$4.98 |
| NOI | $64.5k | $6.09 |
10,600 SF · lease $12.00/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$921.5K
$806.3K – $1.08M
NOI $64,503 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,734 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Morning Star Manor ...
Nursing Home
Gap View Personal ...
Nursing Home
Similar Places Nearby
- Morning Star Manor Inc. — 306 w main st, pen argyl, pa 18072
Location Insight
- Map
- Local Demand
- City
- Pen Argyl
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.256188
- Latitude
- 40.865084
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - Licensed 25-bed personal care home in a converted all-brick former hospital with commercial kitchen and multiple common living areas.
Where is this assisted living facility located?
The property is located at 306 W Main Street Pen Argyl, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Licensed for 25 beds and operating as a full‑service, private‑pay Personal Care facility with established, experienced staff ensuring a seamless transition.; High occupancy rate (above 80%) with quick fill times for vacant rooms, indicating strong demand.; Includes all furniture, fixtures, and equipment (FF&E), a commercial kitchen, and robust infrastructure.
