Downtown Mixed-Use Income
28 S Main Street Bangor, PA 18013
28 S Main Street, Bangor, PA, 18013
$1,050,000
For Sale
$1,050,000
COMMERCIAL - 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
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Rooms
- Basement
- Basement
- Full, Concrete, Unfinished
- Standard status
- Active
- APN
- 5667-01-8524-4542
- Size
- 9,221 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Block: 7 /Lot: 12
- Tax Annual Amount
- 5818
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Steam, Natural Gas
- Cooling system
- Attic Fan
- Water source
- Public
Building Details
- Year built
- 1907
- Floors in Building
- 3
- Flooring type
- Hardwood, Laminate, Vinyl
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Keller Williams Real Estate - Stroudsburg 803 Main
(570) 213-4888
803 Main Street, Stroudsburg, PA
Listed by
James Galligan
(570) 421-2890
Added: Jun 5 Updated: Jul 16 at 2:29 pm Checked: Jul 21 at 12:06 am
MLS# PM-141941
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 six income-producing units, featuring two stone-front commercial spaces with street visibility and four spacious 3-bedroom apartments located above the storefront level. An additional walk-up 4th-floor area provides flexibility for potential expanded rental opportunities.
The property is positioned in the center of downtown Bangor and includes commercial frontage along Main Street, with surrounding local businesses and restaurants in the immediate area.
Recent capital improvements include a new roof in 2022, a new natural gas boiler installed in 2025, updated electrical systems, and newer windows throughout. The building also features updated infrastructure that supports long-term occupancy.
The property is positioned in the center of downtown Bangor and includes commercial frontage along Main Street, with surrounding local businesses and restaurants in the immediate area.
Recent capital improvements include a new roof in 2022, a new natural gas boiler installed in 2025, updated electrical systems, and newer windows throughout. The building also features updated infrastructure that supports long-term occupancy.
Key Highlights
- Mixed‑use brick building built in 1907 with public water and public sewer service
- 6 income‑producing units: 2 stone‑front commercial spaces along Main Street plus 4 spacious 3‑bed apartments above
- Recent upgrades include a new roof (2022) and a new natural gas boiler (2025)
Local Financial Insights For Retail
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 | $110.7k | $12.00 |
| − Vacancy | −$8.6k | −$0.94 |
| EGI | $102.0k | $11.06 |
| − OpEx | −$30.6k | −$3.32 |
| NOI | $71.4k | $7.74 |
9,221 SF · lease $12.00/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$892.7K – $1.19M
NOI $71,415 @ 7.0% cap · market cap 6.80%
Second Best
Multifamily LT 5
$870.8K
$762.0K – $1.02M
NOI $60,959 @ 7.0% cap · market cap 5.81%
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
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Mixed-use building with two storefront spaces and four 3-bedroom apartments above.
Where is this quadplex 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 brick building built in 1907 with public water and public sewer service; 6 income‑producing units: 2 stone‑front commercial spaces along Main Street plus 4 spacious 3‑bed apartments above; Recent upgrades include a new roof (2022) and a new natural gas boiler (2025)
