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Medical Office with Creek Frontage

1623 PA-507, Greentown, PA 18426

For Sale
New
$450,000

Commercial Sale, Greentown, PA

Property Size7,136 SF
Lot Size15.22 Acres
Price / SF$63.06
Days on Market2

Property Features for 1623 PA-507

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Rooms Basement
Parking features Driveway, Garage, Parking Lot
Basement Finished, Partially Finished, Walk-Up Access, Daylight, Walk-Out Access, Exterior Entry, Interior Entry, Full
Accessibility Accessible Approach with Ramp
Lot features Cleared, Views, Wooded, Pasture, Pond on Lot, Near Complex, Close to Shopping, Near Regional Mall, Near Office Center, Near General Business, Meadow, Many Trees, Level, Gentle Sloping
Elementary school district Wallenpaupack School District
Middle school district Wallenpaupack School District
High school district Wallenpaupack School District
Directions From I-84 and Rt 507. Take 507 S for 1.8 miles. The destination will be on your right.
Standard status Active
APN 114.01-01-11 014328
Lot size 15.22 Acres

Additional Details

Property Use Medical Office

Taxes and HOA fees

Tax Annual Amount 5418

Utilities

Sewer type Septic Tank
Cooling system Central Air
Water source Well

Amenities

front patio
fireplace

Building Details

Year built 1946
Floors in Building 2
Flooring type Carpet, Vinyl, Linoleum
Roof type Asphalt
Buildings 2
Listing Agency: Davis R. Chant - Lake Wallenpaupack
Listed By: William Clauss · License PA AB068616
Added: Nov 11 Last Checked: Nov 12 at 6:06PM
MLS# PW-263880

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.

Rey
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Investment Insights

Based on property information with market context.

Configured as a medical office, the property has 4,036 square feet on the main level, with 16 rooms, a waiting area, reception and front office, kitchen and break room, storage, and three half baths. The partially finished lower level adds 3,100 square feet, including a 43.5-by-52-foot open room with a fireplace, a small kitchen area, utility space, large storage rooms, and two half baths. A front patio, parking, and detached one-car garage are also on site.

The 15.22-acre property fronts Wallenpaupack Creek and has frontage on PA-507, where approximately 4,600 vehicles pass daily. Interstate 84 is less than 2 miles away, and downtown Newfoundland is half a mile away. The building was constructed in 1946 and has central air, well water, and septic service.

Key Highlights

  • 4,036 square feet on the main level with 16 rooms
  • Partially finished lower level adds 3,100 square feet
  • Open lower‑level room measures 43.5 x 52 feet and includes a fireplace

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby
Well-served
Demand for This Use

Demographics for 18426, PA

3,883
Population
3,973
Households
1
Avg Household Size
53
Median Age
21%
College-Educated
92%
High-School Grad
52.1 sq mi
ZIP Area
75
Density / Sq Mi
$78,438
Median Household Income
$42,217
Median Earnings
$1,279
Median Rent
$268,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - A 16-room layout, additional lower-level space, and on-site parking support a range of professional operations.
Where is this medical office space located?
The property is located at 1623 PA-507 Greentown, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,036 square feet on the main level with 16 rooms; Partially finished lower level adds 3,100 square feet; Open lower‑level room measures 43.5 x 52 feet and includes a fireplace
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