Mixed-Use Income Building with
28 S Main Street, Bangor, PA 18013
New
MULTI_FAMILY - Bangor, PA
Property size:
9,221 SFLot size:
0.06 AcresPrice / SF:
$119/SF- Added:
- Jun 5, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 5 at 8:06 pm
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 7, Bedroom 13, Basement, Bedroom 11, Bedroom 6, Bedroom 3, Bathroom 5, Bedroom 10, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 12, Bedroom 8, Bathroom 6, Bedroom 9, Bedroom 15, Bedroom 5, Bedroom 1, Bedroom 14, Bathroom 3, Bathroom 2, Bedroom 4
- Window features
- Insulated Windows
- Interior features
- Eat-in Kitchen, Laminate Counters, High Ceilings, Ceiling Fan(s)
- Basement
- Full, Concrete, Unfinished
- 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 agent James Galligan (570) 421-2890
Listing office Keller Williams Real Estate - Stroudsburg 803 Main 803 Main Street, Stroudsburg, PA (570) 213-4888
Listing date Jun 5, 2026
MLS# PM-141940
Listing URL
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.
HighLights
- Mixed‑use commercial building in the center of Downtown Bangor with 6 income‑producing units
- Includes 2 highly visible stone‑front commercial spaces along Main Street plus 4 spacious 3BR apartments above
- Walk‑up 4th floor offers potential for additional rental units or expanded income
- Recent updates: new roof (2022) and new natural gas boiler (2025), plus updated electrical systems and newer windows
- Public utilities: public water and public sewer; cable available
- Built in 1907 with brick construction and steam + natural gas heating
Overview
This mixed-use income building contains 6 rentable units, including 2 highly visible stone-front commercial spaces at street level and 4 spacious 3-bedroom apartments above. A walk-up 4th floor adds flexibility for additional rental potential or expanded space, depending on how the building is configured and permitted. The property has undergone several updates intended to reduce near-term capital needs, including a new roof installed in 2022, a natural gas boiler installed in 2025, updated electrical systems, and newer windows throughout.
Located in the center of Downtown Bangor at 28 S Main Street, the building is set among local businesses, restaurants, and community events. The street-level commercial component provides direct presence along Main Street, while the upper-floor apartments create on-site residential income.
For buyers looking for a mixed-use property, this asset offers the combination of street-level retail spaces and multiple apartments within one building. With recent mechanical and building envelope improvements, it may appeal to investors and experienced operators seeking a maintained downtown property with an established unit mix and a built-in opportunity to evaluate the walk-up 4th floor’s future use under applicable requirements. The property is zoned GB.
Located in the center of Downtown Bangor at 28 S Main Street, the building is set among local businesses, restaurants, and community events. The street-level commercial component provides direct presence along Main Street, while the upper-floor apartments create on-site residential income.
For buyers looking for a mixed-use property, this asset offers the combination of street-level retail spaces and multiple apartments within one building. With recent mechanical and building envelope improvements, it may appeal to investors and experienced operators seeking a maintained downtown property with an established unit mix and a built-in opportunity to evaluate the walk-up 4th floor’s future use under applicable requirements. The property is zoned GB.
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 8.49%
Second Best
Retail
$1.02M
$892.7K – $1.19M
NOI $71,415 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,425 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.2052886
- Latitude
- 40.8674323
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with two street-level commercial spaces and four 3-bedroom apartments above.
Where is this mixed-use property located?
The property is located at 28 S Main Street Bangor, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use commercial building in the center of Downtown Bangor with 6 income‑producing units; Includes 2 highly visible stone‑front commercial spaces along Main Street plus 4 spacious 3BR apartments above; Walk‑up 4th floor offers potential for additional rental units or expanded income
