Leased Medical Office
200 S River Street Plains, PA 18705
200 S River Street, Plains, PA, 18705
$1,300,000
For Sale
$1,300,000
COMMERCIAL - Plains, PA
Property Size7,759 SF
Price / SF$167.55
Days on Market157
Property Features for 200 S River Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Community Business
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3
- Standard status
- Active
- APN
- G10SW2017006-50
- Size
- 7,759 SF
Taxes and HOA fees
- Tax Description
- Tenants Furniture and Personal Property
- Tax Annual Amount
- 14644
Listing Agency
Classic Properties Kingston
(570) 718-4959
392 Wyoming Ave, Clarks Summit, PA
Listed by
Charles Kasko · License #AB069814
(570) 690-9687
Added: Feb 12 Checked: Jul 19 at 1:06 pm
MLS# 26-496
Copyright © 2026 Luzerne County 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 leased medical office investment is fully occupied by a single, established tenant. The current lease is secured through March 2028, providing near-term certainty for the property’s income stream.
The property is located at 200 S River Street in Plains, Pennsylvania, and is zoned Community Business. It offers a straightforward, stabilized ownership structure with one tenant occupying the space.
The property is located at 200 S River Street in Plains, Pennsylvania, and is zoned Community Business. It offers a straightforward, stabilized ownership structure with one tenant occupying the space.
Key Highlights
- Fully leased medical office investment with a single, established tenant
- Lease is secured through March 2028 for near‑term certainty
- Stabilized income property with one tenant in place
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.4k | $21.96 |
| − Vacancy | −$17.0k | −$2.20 |
| EGI | $153.3k | $19.76 |
| − OpEx | −$61.3k | −$7.91 |
| NOI | $92.0k | $11.86 |
7,759 SF · lease $21.96/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$1.96M
$1.71M – $2.28M
NOI $136,883 @ 7.0% cap · market cap 10.53%
Second Best
Healthcare Medical
$1.31M
$1.15M – $1.53M
NOI $92,009 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,064 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Luzerne County Prothonotary
City Clerk'S Office
FedEx Drop Box
Postal Service
Luzerne County Court ...
County Court
Luzerne County Civil ...
County Government Office
Commonwealth Health Physician ...
Medical Clinic
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FAQs
What type of property is this?
Medical Office Space - Fully leased medical office property with a single tenant in place through March 2028.
Where is this medical office space located?
The property is located at 200 S River Street Plains, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully leased medical office investment with a single, established tenant; Lease is secured through March 2028 for near‑term certainty; Stabilized income property with one tenant in place
