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Personal Care Facility with Commercial Kitchen
For Sale
$850,000

306 W Main Street, Pen Argyl, PA 18072

COMMERCIAL - Pen Argyl, PA

Property Size10,600 SF
Lot Size0.62 Acres
Price / SF$80.19
Days on Market113

Property Features for 306 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Basement Full
Subdivision Pen Argyl Borough
Standard status Active
APN 5665-04-7781-5084
Size 10,600 SF
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Block: 3 /Lot: 3A /School District: 06-Pen Argyl Area
Tax Annual Amount 8870
Legal Description Block: 3 /Lot: 3A /School District: 06-Pen Argyl Area

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas, Central
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1900
Floors in Building 2
Building materials Block, Brick
Roof type Slate
Listing Agency: TACM Commercial Realty Inc.
Listed By: Daniel Lichty · License #RS323839
Added: Apr 10 Changed: Jul 28 Last Checked: Jul 31 at 6:06PM
MLS# PM-140774

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 full-service personal care facility is licensed for 25 beds and operates as a private-pay home. Housed in an all-brick building originally constructed as a former hospital and converted to personal care around 2007, the property includes a commercial kitchen, a large dining room, and many dens and sitting rooms designed for resident and family use. Room types vary, with a mix of private, semi-private, and shared rooms, and some rooms offer private baths while others use shared baths. The sale is described as including all furniture, fixtures, and equipment, along with an established, experienced staff for a smooth transition. Infrastructure for day-to-day operations is in place, including power, plumbing, heating, and laundry, and recent updates include new flooring, a new furnace, repainted areas, updated common areas, bathroom upgrades, kitchen renovation, new lighting, and additional electrical updates and minor repairs.

The facility is located conveniently within the community and is accessed from a nearby interstate, with major urban centers reportedly within about an hour. The property sits on approximately 0.62 acres and is described as a main building exceeding 10,000 square feet.

For operators, the existing layout and commercial kitchen support continued use as a personal care home. The remarks also note the opportunity to consider alternative multi-family living concepts, such as group homes or apartments, leveraging the property’s established infrastructure and adaptable room configurations. Current occupancy is reported as above 80%, with available rooms typically filled quickly.

Key Highlights

  • Gap View Personal Care Home licensed for 25 beds and operates on a private‑pay model.
  • Main building over 10,000 SF in an all‑brick former hospital, converted to personal care around 2007 and used since.
  • Set on approximately 0.63 acres with public water and public sewer.

Financial Insights For Apartment 5plus

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 $127.2k $12.00
− Vacancy −$9.9k −$0.94
EGI $117.3k $11.06
− OpEx −$52.8k −$4.98
NOI $64.5k $6.09
10,600 SF · lease $12.00/SF/yr · vacancy 7.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$921.5K
$806.3K – $1.08M (±1% cap)
NOI $64,503 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M (±1% cap)
NOI $140,734 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Morning Star Manor ... Nursing Home Gap View Personal ... Nursing Home

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Parking Lot & Garage

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

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
Under-served
Demand for This Use

Demographics for 18072, PA

6,734
Population
2,779
Households
2.4
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
452
Density / Sq Mi
$79,067
Median Household Income
$41,056
Median Earnings
$1,525
Median Rent
$244,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Morning Star Manor Inc. — 306 w main st, pen argyl, pa 18072

Frequently Asked Questions

What type of property is this?
Assisted living facility - Licensed 25-bed personal care home in a converted all-brick former hospital with commercial kitchen and multiple common living areas.
Where is this assisted living facility located?
The property is located at 306 W Main Street Pen Argyl, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Gap View Personal Care Home licensed for 25 beds and operates on a private‑pay model.; Main building over 10,000 SF in an all‑brick former hospital, converted to personal care around 2007 and used since.; Set on approximately 0.63 acres with public water and public sewer.
More about this property
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