Mixed-Use Property with
For Sale
$649,000
18 Fork Street, Mount Pocono, PA 18344
The commercial area has six offices, with a separate two-bedroom residence on the second floor.
Property Size4,700 SF
Price / SF$138.09
Days on Market74
Property Features for 18 Fork Street
General Information
Standard status
Active
Size
4,700 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Additional Details
Currently Operating
Yes
Property Use
Medical Office
Medical Specialty
chiropractic
Taxes and HOA fees
Annual Taxes
$6,050
Building Details
Building Size
4,700 SF
Year Built
1950
Tenancy
Single
Listing Agency:
E-Realty Services - Pocono Summit
Listed By:
Kimberly A Gay
(570) 730-8543
Source:
Sawcreek
Added: Aug 20
Changed: Oct 31
Last Checked: Oct 31 at 3:01AM
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 E-Realty Services - Pocono Summit
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Investment Insights
Based on property information with market context.
This mixed-use property in Mount Pocono combines a commercial area with a second-floor, two-bedroom apartment. The commercial portion is currently used as a chiropractic office and includes six offices. A full basement adds further interior space, while the apartment has a private entrance that separates it from the commercial area. The property was built in 1950 and is listed at 4,700 square feet.
The property is within walking distance of the bus station and has access to Interstate 80. Nearby destinations named include Kalahari Resort, Camelback Mountain Resort, Mount Airy Casino, Sanofi, and Pocono Mountains Municipal Airport.
The property is within walking distance of the bus station and has access to Interstate 80. Nearby destinations named include Kalahari Resort, Camelback Mountain Resort, Mount Airy Casino, Sanofi, and Pocono Mountains Municipal Airport.
Key Highlights
- 4,700‑square‑foot mixed‑use property
- Commercial area includes six offices and is currently used as a chiropractic office
- Second‑floor apartment has two bedrooms and a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,039
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,780
$1.1M
Cap Rate 7%
$800,557
$800.6K
Cap Rate 9%
$622,656
$622.7K
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$101.5K $21.60/SF
− Vacancy
−$8.1K −$1.73/SF
EGI
$93.4K $19.87/SF
− OpEx
−$37.4K −$7.95/SF
NOI
$56.0K $11.92/SF
Area
Monroe County, PA
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,780
Cap Rate 7%
$800,557
Cap Rate 9%
$622,656
Alternative Uses
Best Use
Office B
$1.06M
$923.2K – $1.23M
NOI $73,856 @ 7.0% cap · market cap 11.38%
Second Best
Healthcare Medical
$800.6K
$700.5K – $934.0K
NOI $56,039 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,474 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
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Business Placement
Demographics for 18344, PA
3,497
Population
1,621
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
448
Density / Sq Mi
$85,215
Median Household Income
$43,715
Median Earnings
$890
Median Rent
$171,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The commercial area has six offices, with a separate two-bedroom residence on the second floor.
Where is this mixed-use property located?
The property is located at 18 Fork Street Mount Pocono, PA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 4,700‑square‑foot mixed‑use property; Commercial area includes six offices and is currently used as a chiropractic office; Second‑floor apartment has two bedrooms and a private entrance
