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25-Bed Assisted Living Facility
For Sale
$700,000
Pending

306 W Main Street, Pen Argyl, PA 18072

Commercial Sale, Pen Argyl, PA

Property Size10,600 SF
Lot Size0.62 Acres
Days on Market204

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 Pending
APN 5665-04-7781-5084
Size 10,600 SF
Lot size 0.62 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

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

Amenities

commercial kitchen
large dining room
dens
sitting rooms
private baths
shared baths

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: Oct 27 Last Checked: Oct 30 at 4:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 10,600-square-foot personal care facility is licensed for 25 beds and occupies an all-brick former hospital building. The interior includes private, semi-private, and shared rooms, with a combination of private and shared bathrooms. Residents have access to a commercial kitchen, large dining room, dens, sitting rooms, laundry facilities, and common areas. Furniture, fixtures, and equipment convey with the property, along with an established staff. The facility has operated as personal care since its conversion in 2007.

Recent improvements include new flooring, updated bathrooms and common areas, repainting, kitchen renovations, new lighting, electrical work, a replacement furnace, and other repairs. The building has natural-gas hot-water heating, public water, public sewer, and slate roofing. Current occupancy is above 80%. Located at 306 W Main Street in Pen Argyl, the property is within 1 hour of major urban centers and accessible from a nearby interstate. The existing layout and infrastructure also support consideration of group-home or apartment conversion, as described in the property information.

Key Highlights

  • Licensed for 25 beds with occupancy above 80%
  • 10,600 SF former hospital building converted to personal care in 2007
  • Private, semi‑private, and shared rooms with varied bathroom arrangements

Property Analytics

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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 Parking Lot & Garage Restaurant

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
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Updated personal care property with furnished rooms, shared amenities, and an operating commercial kitchen.
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 $700,000.
What are key features of this property?
This property features: Licensed for 25 beds with occupancy above 80%; 10,600 SF former hospital building converted to personal care in 2007; Private, semi‑private, and shared rooms with varied bathroom arrangements
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