Medical Office Building with Exam
401 N State Street Clarks Summit, PA 18411
For Sale
$1,200,000
COMMERCIAL - Clarks Summit, PA
Property Size4,690 SF
Lot Size0.54 Acres
Price / SF$255.86
Days on Market327
Property Features for 401 N State Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Parking features
- Guest, Parking Lot, Off Street
- Security features
- Security System
- Exterior features
- Lighting, Private Entrance
- Standard status
- Active
- APN
- 0901502003300
- Size
- 4,690 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 13526
Utilities
- Sewer type
- Public Sewer
- Heating system
- Space Heater, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Laminate, Tile - Ceramic, Carpet
- Roof type
- Shingle
Listing Agency:
ERA One Source Realty
(570) 587-9999
Listed By:
Manju Verma · License #RS375147
(570) 877-2778
Added: Sep 3, 2025
Changed: Jul 9
Last Checked: Jul 26 at 9:06AM
MLS# SC254512
Copyright © 2026 Greater Scranton Board of Realtors MLS. 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 medical office building for sale offers a thoughtful, patient-friendly layout across multiple levels. The main level includes a large waiting room with two dedicated reception areas, five private offices, seven exam rooms, an Echo room, and a Nuclear Stress room designed for specialized care. Additional improvements include a bonus room that can function as a master office or a small conference room, three bathrooms, a staff pantry, a conference room, and a utility room for storage and operations. A wide hallway supports smooth traffic flow between patient and staff areas.
The property also includes a large attic that offers potential to build an additional floor, with part of the space reportedly partially finished. A split-level second floor provides a flexible configuration, including a workspace area with three or more rooms suited for offices and a kitchen, plus a second area with two bedrooms and two bathrooms. Outside, there is a parking lot with 27+ spaces.
Located at 401 N State Street in Clarks Summit, the building is suited for healthcare practices and other professional uses that need multiple treatment and consultation rooms, office support space, and flexible rooming options on the upper level. The combination of dedicated clinical areas and adaptable secondary spaces supports a range of practice models, from multi-provider operations to organizations seeking a property that can accommodate future expansion.
The property also includes a large attic that offers potential to build an additional floor, with part of the space reportedly partially finished. A split-level second floor provides a flexible configuration, including a workspace area with three or more rooms suited for offices and a kitchen, plus a second area with two bedrooms and two bathrooms. Outside, there is a parking lot with 27+ spaces.
Located at 401 N State Street in Clarks Summit, the building is suited for healthcare practices and other professional uses that need multiple treatment and consultation rooms, office support space, and flexible rooming options on the upper level. The combination of dedicated clinical areas and adaptable secondary spaces supports a range of practice models, from multi-provider operations to organizations seeking a property that can accommodate future expansion.
Key Highlights
- Medical office building for sale with 4,690 sq. ft. plus a large addition for multi‑purpose use
- Parking lot with 27+ spaces, plus off‑street and guest parking
- Main level includes large waiting room, 2 reception areas, 5 private offices, and 7 exam rooms
Financial Insights For Office B
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 | $94.0k | $20.04 |
| − Vacancy | −$13.6k | −$2.91 |
| EGI | $80.4k | $17.13 |
| − OpEx | −$20.1k | −$4.28 |
| NOI | $60.3k | $12.85 |
4,690 SF · lease $20.04/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$861.0K
$753.4K – $1.00M
NOI $60,270 @ 7.0% cap · market cap 5.02%
Second Best
Healthcare Medical
$790.1K
$691.3K – $921.8K
NOI $55,307 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,329 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Spacious medical office building with exam rooms, specialized care spaces, and ample parking for staff and patients.
Where is this medical office space located?
The property is located at 401 N State Street Clarks Summit, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Medical office building for sale with 4,690 sq. ft. plus a large addition for multi‑purpose use; Parking lot with 27+ spaces, plus off‑street and guest parking; Main level includes large waiting room, 2 reception areas, 5 private offices, and 7 exam rooms
