Mixed-Use Office and Apartment
For Sale
$799,000
543 Hamlin Highway, Hamlin, PA 18436
MULTI_FAMILY - Hamlin, PA
Property Size3,762 SF
Lot Size3.03 Acres
Price / SF$212.39
Days on Market49
Property Features for 543 Hamlin Highway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Parking features
Garage, Off Street, Driveway
Lot features
Cleared, Wooded, Paved, Not In Development
Elementary school district
Western Wayne School District
Middle school district
Western Wayne School District
High school district
Western Wayne School District
Directions
From Rt 6 & 590 head toward Hamlin down Rt 590 14 Miles through 4 corners in Hamlin Property is on your right next to DunkinLatitude: 41.405142 Longitude: -75.40824
Standard status
Active
APN
22-0-0032-0026
Size
3,762 SF
Lot size
3.03 Acres
Taxes and HOA fees
Tax Annual Amount
8919
Utilities
Heating system
Electric (Heating), Oil, Baseboard
Cooling system
Central Air
Building Details
Year built
1988
Floors in Building
2
Number of units
3
Building materials
Brick, Vinyl Siding
Listing Agency:
Berkshire Hathaway HomeServices Pocono Real Estate Hawley
(570) 226-1800
Listed By:
Maxwell Stevens · License #RS349255
(406) 570-3805
Added: Jun 30
Changed: Jul 16
Last Checked: Aug 17 at 2:06AM
MLS# PW-262365
Copyright © 2026 Pike/Wayne Association 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 mixed-use property includes a main building with professional office space on the first floor and an updated owner’s apartment on the second floor. A detached two-car garage on-site includes an additional apartment above, creating multiple rental income streams.
The property sits on 3.03 acres along Hamlin Highway with visibility on a high-traffic corridor estimated at approximately 10,000 vehicles per day. It is positioned next to a major Dunkin’ location and surrounded by established businesses and franchises, supporting strong consumer exposure. Existing income is described as approximately $5,500 to $6,000 per month from tenants, billboard rental, and other leased spaces.
In addition to the building improvements, the site includes parking and open land in front of and behind the existing structures, offering room for future expansion or additional development subject to approvals.
The property sits on 3.03 acres along Hamlin Highway with visibility on a high-traffic corridor estimated at approximately 10,000 vehicles per day. It is positioned next to a major Dunkin’ location and surrounded by established businesses and franchises, supporting strong consumer exposure. Existing income is described as approximately $5,500 to $6,000 per month from tenants, billboard rental, and other leased spaces.
In addition to the building improvements, the site includes parking and open land in front of and behind the existing structures, offering room for future expansion or additional development subject to approvals.
Key Highlights
- 3.03‑acre mixed‑use property with main building office space plus an updated owner’s apartment
- Detached two‑car garage with an additional apartment above for multiple income streams
- Current gross income reported at approximately $5,500–$6,000 per month from tenants and leased space (including billboard rental)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,675
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,053,500
$1.1M
Cap Rate 7%
$752,500
$752.5K
Cap Rate 9%
$585,278
$585.3K
Market Conditions
NOI Build-Up for 3,762 SF
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.
Gross rent
$79.0K $21.00/SF
− Vacancy
−$8.8K −$2.33/SF
EGI
$70.2K $18.67/SF
− OpEx
−$17.6K −$4.67/SF
NOI
$52.7K $14.00/SF
Area
Wayne County, PA
Vacancy
11.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,053,500
Cap Rate 7%
$752,500
Cap Rate 9%
$585,278
Alternative Uses
Best Use
Office B
$752.5K
$658.4K – $877.9K
NOI $52,675 @ 7.0% cap · market cap 6.59%
Second Best
Multifamily LT 5
$584.6K
$511.5K – $682.1K
NOI $40,923 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$917.3K
$802.7K – $1.07M
NOI $64,213 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
10,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 18436, PA
13,576
Population
9,747
Households
1.4
Avg Household Size
51
Median Age
20%
College-Educated
92%
High-School Grad
98.8 sq mi
ZIP Area
137
Density / Sq Mi
$73,209
Median Household Income
$36,675
Median Earnings
$890
Median Rent
$222,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Mixed-use building with first-floor office space, second-floor owner apartment, and an additional apartment above a detached garage.
Where is this live-work space located?
The property is located at 543 Hamlin Highway Hamlin, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3.03‑acre mixed‑use property with main building office space plus an updated owner’s apartment; Detached two‑car garage with an additional apartment above for multiple income streams; Current gross income reported at approximately $5,500–$6,000 per month from tenants and leased space (including billboard rental)
