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Five-Unit Mixed-Use Property
For Sale
$399,000
Pending

400 Oak Street Unit 408, Old Forge, PA 18518

Commercially zoned corner asset with separate utilities and residential and salon components.

Property Size8,200 SF
Days on Market63

Property Features for 400 Oak Street Unit 408

General Information

Standard status Pending
Size 8,200 SF
Property subtype Residential Income / Multi Family
Zoning Commercial

Site & Location

Corner Location Yes
Utilities to Site Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,138

Amenities

Ceiling Fan(s), Wall/Window Unit(s), Central Air
Baseboard, Varies by Unit, Steam, See Remarks, Hot Water, Forced Air
2
Carpet, Hardwood, Luxury Vinyl, Laminate, Combination
3
8
Ceiling Fan(s), Natural Woodwork, Recessed Lighting, Eat-in Kitchen, Double Vanity, Crown Molding
Block, Stone, Combination
3.00
5
Multi/Split, Two
Flat, Shingle, See Remarks, Rubber
.00
Courtyard, Private Yard, Rain Gutters

Building Details

Year Built 1965
Buildings 1
Listing Agency: Nisk Real Estate
Listed By: Noah John Donahue · License #RS368073
Source: Compass
Added: Jun 9 Changed: Aug 9 Last Checked: Aug 9 at 12:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nisk Real Estate

Investment Insights

Based on property information with market context.

This 8,200-square-foot mixed-use building at 400 Oak Street, Unit 408, combines three residential units with two commercial hair salon spaces. Built in 1965, the property includes separate utilities for the residential and commercial components. Interior features vary by unit and include central air, wall/window units, baseboard, steam, hot water, forced air, ceiling fans, natural woodwork, recessed lighting, hardwood, carpet, luxury vinyl, and laminate flooring.

The building occupies a visible corner location in Old Forge, PA, within a walkable setting near restaurants, local businesses, and Old Forge High School. Commercial zoning supports the existing mixed-use configuration. Exterior features include a courtyard, private yard, rain gutters, and a combination flat, shingle, and rubber roof system. The current owners have also indicated a willingness to lease back the garage after a sale.

Key Highlights

  • 8,200‑square‑foot mixed‑use building built in 1965
  • Five total units: 3 residential units and 2 commercial hair salon spaces
  • Commercial zoning at a visible corner location

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Grocery & Convenience Store

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 18518, PA

8,497
Population
3,949
Households
2.2
Avg Household Size
46
Median Age
32%
College-Educated
94%
High-School Grad
4.0 sq mi
ZIP Area
2,124
Density / Sq Mi
$73,258
Median Household Income
$44,586
Median Earnings
$862
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned corner asset with separate utilities and residential and salon components.
Where is this mixed-use property located?
The property is located at 400 Oak Street Unit 408 Old Forge, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 8,200‑square‑foot mixed‑use building built in 1965; Five total units: 3 residential units and 2 commercial hair salon spaces; Commercial zoning at a visible corner location
More about this property
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