Mixed-Use Building with Ground
28 S Main Street Bangor, PA 18013
28 S Main Street, Bangor, PA, 18013
$1,050,000
For Sale
$1,050,000
MULTI_FAMILY - Bangor, PA
Property Size9,221 SF
Lot Size0.06 Acres
Price / SF$113.87
Days on Market47
Property Features for 28 S Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- GB
- Bedrooms
- 15
- Bathrooms
- 5
- Rooms
- Bedroom 14, Bedroom 1, Bedroom 8, Bathroom 5, Bedroom 15, Bedroom 3, Bathroom 4, Bedroom 10, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 6, Bedroom 13, Bathroom 6, Bedroom 5, Bedroom 12, Basement, Bedroom 2, Bedroom 11, Bathroom 3, Bedroom 9, Bathroom 1
- Window features
- Insulated Windows
- Interior features
- Eat-in Kitchen, Laminate Counters, High Ceilings, Ceiling Fan(s)
- Basement
- Unfinished, Full, Concrete
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- E9NE2D 7 12 0102
- Size
- 9,221 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5818
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Steam, Natural Gas
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1907
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Hardwood, Laminate, Vinyl
- Building materials
- Brick, Frame, Steel Frame
- Roof type
- Shingle
Listing agency
Keller Williams Real Estate - Stroudsburg 803 Main
(570) 213-4888
Listed by
James Galligan
(570) 421-2890
Added: Jun 5 Updated: Jul 16 at 2:26PM Checked: Jul 21 at 9:06AM
MLS# PM-141940
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 mixed-use commercial building includes 6 income-producing units: 2 stone-front commercial spaces on the ground level and 4 spacious 3-bedroom apartments above. The property features a walk-up 4th floor that may offer additional rental potential. The total property size is 9,221 square feet, and it is zoned GB.
Located in the center of Downtown Bangor, the two ground-floor commercial spaces are described as highly visible along Main Street. Public remarks note a long-term tenant base supporting consistent rental income.
Recent updates include a new roof installed in 2022, a new natural gas boiler installed in 2025, updated electrical systems, and newer windows throughout. The offering is presented as having multiple capital improvements already completed.
Located in the center of Downtown Bangor, the two ground-floor commercial spaces are described as highly visible along Main Street. Public remarks note a long-term tenant base supporting consistent rental income.
Recent updates include a new roof installed in 2022, a new natural gas boiler installed in 2025, updated electrical systems, and newer windows throughout. The offering is presented as having multiple capital improvements already completed.
Key Highlights
- Mixed‑use building with 6 income‑producing units: 2 street‑level commercial spaces and 4 spacious 3‑bedroom apartments above
- 2 highly visible stone‑front commercial spaces along Main Street
- Recent improvements include a new roof (2022) and a new natural gas boiler (2025)
Local Financial Insights For Mixed Use
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 | $166.0k | $18.00 |
| − Vacancy | −$16.6k | −$1.80 |
| EGI | $149.4k | $16.20 |
| − OpEx | −$56.0k | −$6.07 |
| NOI | $93.4k | $10.13 |
9,221 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.33M
$1.17M – $1.56M
NOI $93,363 @ 7.0% cap · market cap 8.89%
Second Best
Retail
$1.02M
$892.7K – $1.19M
NOI $71,415 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,425 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Apartment building - Mixed-use building with two ground-floor commercial spaces and four 3-bedroom apartments plus a walk-up 4th floor.
Where is this apartment building located?
The property is located at 28 S Main Street Bangor, PA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Mixed‑use building with 6 income‑producing units: 2 street‑level commercial spaces and 4 spacious 3‑bedroom apartments above; 2 highly visible stone‑front commercial spaces along Main Street; Recent improvements include a new roof (2022) and a new natural gas boiler (2025)
