Building Details

Year Built 1970

Buildings 1

Listing Agency: RE/MAX Ready

Listed By: William Coates · License #RS347167 Show Phone

Source: Lgagne

Added: Aug 12 Changed: Oct 10 Last Checked: Oct 13 at 12:26AM

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Investment Insights

Based on property information with market context.

Offered for sale, this 1,864-square-foot medical office property was built in 1970 and has a long history as a dental facility. The building most recently accommodated the practice of Dr. Dwight R. Davis, DDS, and has served as a healthcare location in the Mount Carmel community for decades.

Located at 219 N Vine St in Mount Carmel, Pennsylvania, the property provides an existing professional setting for a dental or other medical office operation. Equipment and furnishings are negotiable, allowing a purchaser to evaluate the existing contents alongside plans for modernization or rebranding.

Key Highlights

• 1,864 SF medical office property
• Built in 1970
• Longstanding dental office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,518

Cap Rate

7.22%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$310,360 $310.4K

Cap Rate 7%

$221,686 $221.7K

Cap Rate 9%

$172,422 $172.4K

Market Conditions

NOI Build-Up for 1,864 SF

Gross rent

$28.0K $15.00/SF

− Vacancy

−$2.1K −$1.13/SF

EGI

$25.9K $13.88/SF

− OpEx

−$10.3K −$5.55/SF

NOI

$15.5K $8.33/SF

Area

Northumberland County, PA

Vacancy

7.50%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$310,360

Cap Rate 7%

$221,686

Cap Rate 9%

$172,422

Alternative Uses

Best Use

Office B

$289.3K

$253.1K – $337.5K (±1% cap)

NOI $20,249 @ 7.0% cap · market cap 9.42%

Second Best

Healthcare Medical

$221.7K

$194.0K – $258.6K (±1% cap)

NOI $15,518 @ 7.0% cap · market cap 7.22%

Theoretical Best

Warehouse

$2.27M

$1.98M – $2.65M (±1% cap)

NOI $158,767 @ 7.0% cap · market cap 73.85%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Davis Dwight R ... Dental Office

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Daycare Center Dental Office Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

422

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 17851, PA

7,256

Population

3,907

Households

1.9

Avg Household Size

44

Median Age

17%

College-Educated

90%

High-School Grad

15.0 sq mi

ZIP Area

484

Density / Sq Mi

$53,808

Median Household Income

$42,644

Median Earnings

$802

Median Rent

$73,200

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Former dental facility with negotiable equipment and furnishings supports continued healthcare use or a customized professional setting.

Where is this medical office space located?

The property is located at 219 N Vine St Mount Carmel, PA.

What is the asking price?

The asking price for this property is $215,000.

What are key features of this property?

This property features: 1,864 SF medical office property; Built in 1970; Longstanding dental office use