Mixed-Use Property with Office
New
For Sale
$649,000
18 Fork Street, Mount Pocono, PA 18344
Commercial Sale, Mount Pocono, PA
Property Size4,700 SF
Lot Size0.11 Acres
Price / SF$138.09
Days on Market1
Property Features for 18 Fork Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Mount Pocono Borough
Standard status
Active
APN
10.8.5.10
Size
4,700 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6050
Utilities
Sewer type
Public Sewer
Heating system
Oil
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Roof type
Asphalt
Listing Agency:
E-Realty Services - Pocono Summit
(570) 839-6794
Listed By:
Kimberly A Gay
(570) 839-6794
Added: Aug 20
Last Checked: Aug 20 at 10:06PM
MLS# PM-144084
Copyright © 2026 Pocono Mountains Association of Realtors. 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 4,700-square-foot mixed-use property combines a professional office component with a second-floor two-bedroom apartment. The commercial area is currently configured as a chiropractic office and includes six offices suitable for medical, wellness, administrative, or other business uses. A private entrance serves the apartment, maintaining separation between the residential and commercial areas. The property also includes a full basement, oil heat, public water, public sewer, and an asphalt roof.
Located at 18 Fork Street in Mount Pocono, the property is within walking distance of the bus station and near Kalahari Resort, Camelback Mountain Resort, Mount Airy Casino, Sanofi, and the Pocono Mountains Municipal Airport. Interstate 80 provides regional access. Built in 1950, the property occupies 0.11 acres in Monroe County.
Located at 18 Fork Street in Mount Pocono, the property is within walking distance of the bus station and near Kalahari Resort, Camelback Mountain Resort, Mount Airy Casino, Sanofi, and the Pocono Mountains Municipal Airport. Interstate 80 provides regional access. Built in 1950, the property occupies 0.11 acres in Monroe County.
Key Highlights
- 4,700 square feet of mixed‑use space
- Commercial area includes six offices
- Second‑floor two‑bedroom apartment with private entrance
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
$56,039
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
8.63%
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%
$1,120,780
$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
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
$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 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%
$1,120,780
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.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Six offices, a two-bedroom apartment with private entrance, and a full basement support separate commercial and residential functions.
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 feet of mixed‑use space; Commercial area includes six offices; Second‑floor two‑bedroom apartment with private entrance
