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6-Unit Mixed-Use Building
For Sale
$640,000

34 N Main Street, Shenandoah, PA 17976

Residential Income, Shenandoah, PA

Property Size4,356 SF
Lot Size0.10 Acres
Price / SF$146.92
Days on Market35

Property Features for 34 N Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Full bathrooms 6
Rooms Bedroom 5, Bathroom 2, Bedroom 7, Bathroom 6, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2
Subdivision Shenandoah Borough
Standard status Active
APN 64-05-0407.000
Size 4,356 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 7000

Building Details

Year built 1880
Floors in Building 4
Number of units 7
Listing Agency: Iron Valley Real Estate - Coal Region
Listed By: Juan David Guevara
Added: Sep 5 Changed: Oct 8 Last Checked: Oct 9 at 11:06AM
MLS# PM-144517

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.

Investment Insights

Based on property information with market context.

This 4,356-square-foot mixed-use building, constructed in 1880, contains six occupied units: two commercial spaces and four residential apartments. The property occupies 0.1 acres and includes a vacant third floor that is positioned for construction of up to three additional units, subject to zoning, permits, and approvals.

Six private parking spaces are located behind the building, while additional public parking is available in front. The property is located at 34 N Main Street in Shenandoah, Pennsylvania, within Schuylkill County.

Key Highlights

  • 6 occupied units: 2 commercial spaces and 4 residential apartments
  • 4,356 square feet on 0.1 acres
  • Vacant third floor with potential for up to 3 additional units, subject to zoning, permits, and approvals

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,056
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,120 $601.1K
Cap Rate 7%
$429,371 $429.4K
Cap Rate 9%
$333,956 $334.0K
Market Conditions
NOI Build-Up for 4,356 SF
Gross rent
$52.3K $12.00/SF
− Vacancy
−$4.2K −$0.96/SF
EGI
$48.1K $11.04/SF
− OpEx
−$18.0K −$4.14/SF
NOI
$30.1K $6.90/SF
Area
Schuylkill County, PA
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,120
Cap Rate 7%
$429,371
Cap Rate 9%
$333,956

Alternative Uses

Best Use
Mixed Use
$429.4K
$375.7K – $500.9K (±1% cap)
NOI $30,056 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$340.5K
$297.9K – $397.2K (±1% cap)
NOI $23,832 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$653.4K
$571.7K – $762.3K (±1% cap)
NOI $45,738 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

Demographics for 17976, PA

5,933
Population
3,315
Households
1.8
Avg Household Size
42
Median Age
14%
College-Educated
83%
High-School Grad
7.6 sq mi
ZIP Area
781
Density / Sq Mi
$46,684
Median Household Income
$40,361
Median Earnings
$827
Median Rent
$47,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied commercial and residential property with rear private parking and additional public parking in front.
Where is this mixed-use property located?
The property is located at 34 N Main Street Shenandoah, PA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 6 occupied units: 2 commercial spaces and 4 residential apartments; 4,356 square feet on 0.1 acres; Vacant third floor with potential for up to 3 additional units, subject to zoning, permits, and approvals
More about this property
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