Personal Care Facility in Pen
306 W Main Street, Pen Argyl, PA 18072
COMMERCIAL - Pen Argyl, PA
Property size:
10,600 SFLot size:
0.62 AcresPrice / SF:
$93/SF- Added:
- Apr 10, 2026
- Days on Market:
- 68
- Last Refresh:
- Jun 16 at 4:06 pm
Property Features for 306 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Full
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas, Central
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Building materials
- Block, Brick
- Roof type
- Slate
Listing agent Daniel Lichty (570) 801-6170
Listing office TACM Commercial Realty Inc. 2331 Route 209 Unit 5, Sciota, PA (570) 801-6170
Listing date Apr 10, 2026
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.
HighLights
- Licensed for 25 beds and operating as a full‑service, private‑pay Personal Care facility with established, experienced staff ensuring a seamless transition.
- High occupancy rate (above 80%) with quick fill times for vacant rooms, indicating strong demand.
- Includes all furniture, fixtures, and equipment (FF&E), a commercial kitchen, and robust infrastructure.
- Recently updated with new flooring, furnace, repainting, common area upgrades, bathroom upgrades, kitchen renovation, and electrical updates.
- Large, all‑brick building (over 10,000 SF) on 0.63 acres, formerly a hospital, converted to Personal Care in 2007, with potential for conversion to other multi‑family uses.
- Convenient in‑town location within 1 hour of major urban centers, easily accessible from a nearby interstate, and close to top‑tier regional healthcare systems.
Overview
The property operates as a full-service, private-pay personal care facility, licensed for 25 beds. The facility, converted to personal care use around 2007, is clean and well-maintained, featuring a commercial kitchen, a large dining room, and multiple dens and sitting rooms. The sale includes all furniture, fixtures, and equipment, along with an established, experienced staff. Rooms vary in size, offering a mix of private, semi-private, and shared options; some include private baths, while others have shared baths. Current occupancy is above 80%. The main building, a former hospital, is an all-brick structure exceeding 10,000 square feet, situated on approximately 0.63 acres. Updates under the current ownership include new flooring, a new furnace, repainting, common area updates, bathroom upgrades, kitchen renovation, new lighting and other electrical updates, and minor repairs. The facility has robust infrastructure, including in-place power, plumbing, heating, laundry, and commercial kitchen capabilities. It is located in Pen Argyl, a borough known for its 19th-century architecture and slate production history, offering views of rolling hills and greenery. The property is conveniently located within 1 hour of major urban centers and easily accessible from a nearby interstate. It may also be suitable for conversion into other types of multi-family living, including group homes or apartments.
Local 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
NOI $64,503 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,734 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Morning Star Manor ...
Nursing Home
Gap View Personal ...
Nursing Home
Similar Places Nearby
- Morning Star Manor Inc. — 306 w main st, pen argyl, pa 18072
Location Insight
- Map
- Local Demand
- City
- Pen Argyl
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.256188
- Latitude
- 40.865084
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - Well-maintained 25-bed personal care facility with experienced staff.
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 $995,000.
What are key features of this property?
This property features: Licensed for 25 beds and operating as a full‑service, private‑pay Personal Care facility with established, experienced staff ensuring a seamless transition.; High occupancy rate (above 80%) with quick fill times for vacant rooms, indicating strong demand.; Includes all furniture, fixtures, and equipment (FF&E), a commercial kitchen, and robust infrastructure.
