Established Medical Office
For Sale
$215,000
219 N Vine St, Mount Carmel, PA 17851
Former dental facility with negotiable equipment and furnishings supports continued healthcare use or a customized professional setting.
Property Size1,864 SF
Price / SF$115.34
Days on Market17
Property Features for 219 N Vine St
General Information
Standard status
Active
Size
1,864 SF
Building Details
Year Built
1970
Buildings
1
Listing Agency:
RE/MAX Ready
(610) 828-6300
Listed By:
William Coates · License #RS347167
Source:
Lgagne
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 28 at 12:55PM
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 RE/MAX Ready
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.
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 = 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
$15,518
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
7.22%
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%
$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
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
$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 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%
$310,360
Cap Rate 7%
$221,686
Cap Rate 9%
$172,422
Alternative Uses
Best Use
Office B
$289.3K
$253.1K – $337.5K
NOI $20,249 @ 7.0% cap · market cap 9.42%
Second Best
Healthcare Medical
$221.7K
$194.0K – $258.6K
NOI $15,518 @ 7.0% cap · market cap 7.22%
Theoretical Best
Warehouse
$2.27M
$1.98M – $2.65M
NOI $158,767 @ 7.0% cap · market cap 73.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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
