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Corner Mixed-Use Medical Office Opportunity

1515 Sullivan Trl Forks Twp, PA 18040

1515 Sullivan Trl, Forks Twp, PA, 18040

$599,900

Pending

For Sale

$599,900

Pending

Corner property in Town Center zoning, featuring a 1,952 sq. ft. cape cod home with detached garage.

Property Size1,952 SF

Lot Size0.93 Acres

Days on Market342

Property Features for 1515 Sullivan Trl

General Information

Standard status: Pending
Size: 1,952 SF
Lot size: 0.93 Acres

Listing agency Grace Realty Co Inc

Listed by Christopher J Zajacek

Source Exprealty

Added: Aug 15, 2025 Updated: Jul 21 at 12:53PM Checked: Jul 22 at 10:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grace Realty Co Inc

Investment Insights

Based on property information with market context.

This corner commercial property is zoned Town Center and includes a 1,952 square foot cape cod home with a detached garage. The site offers an opportunity for adaptive reuse of the existing home or redevelopment to support a new use. The property is currently rented as a residential home on a month-to-month basis.

Located on Sullivan Trail in the Forks Township retail corridor, the property sits at a signalized corner intersection, providing visibility for business activity. Town Center zoning allows a range of potential uses, including day care center, medical office, professional services, automotive accessories, convenient store, bank, retail store, and repair shop.

With its corner positioning, detached garage, and flexible zoning, the site can be structured to fit a variety of operational concepts once approvals are obtained for the desired use.

Key Highlights

Corner property zoned Town Center at a signalized intersection on the Forks Township retail corridor
Includes a 1,952 sq. ft. 1952 cape cod home plus a detached garage
Month‑to‑month rental as a residential home, with tenants in place

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$29.3k	$15.00
− Vacancy	−$2.3k	−$1.17
EGI	$27.0k	$13.83
− OpEx	−$6.7k	−$3.46
NOI	$20.2k	$10.37

1,952 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$289.2K

$253.1K – $337.5K (±1% cap)

NOI $20,247 @ 7.0% cap · market cap 3.38%

Second Best

Healthcare Medical

$203.6K

$178.2K – $237.6K (±1% cap)

NOI $14,254 @ 7.0% cap · market cap 2.38%

Theoretical Best

Office A

$370.2K

$324.0K – $431.9K (±1% cap)

NOI $25,916 @ 7.0% cap · market cap 4.32%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Similar Off Market Nearby

Easton Animal Hospital — 2015 Sullivan Trail, Easton, PA 18040
Native American Veterinary Services — 2015 Sullivan Trail, Easton, PA 18040

For sale
Medical Office Space
PA
Forks Twp
18040
1515 Sullivan Trl

What type of property is this?

Medical Office Space - Corner property in Town Center zoning, featuring a 1,952 sq. ft. cape cod home with detached garage.

Where is this medical office space located?

The property is located at 1515 Sullivan Trl Forks Twp, PA.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: Corner property zoned Town Center at a signalized intersection on the Forks Township retail corridor; Includes a 1,952 sq. ft. 1952 cape cod home plus a detached garage; Month‑to‑month rental as a residential home, with tenants in place