Mixed-Use Office and Apartment
543 Hamlin Highway Hamlin, PA 18436
543 Hamlin Highway, Hamlin, PA, 18436
$799,000
For Sale
$799,000
MULTI_FAMILY - Hamlin, PA
Property Size3,762 SF
Lot Size3.03 Acres
Price / SF$212.39
Days on Market19
Property Features for 543 Hamlin Highway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Garage, Off Street, Driveway
- Standard status
- Active
- APN
- 22-0-0032-0026
- Size
- 3,762 SF
- Lot size
- 3.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8919
Utilities
- Heating system
- Electric (Heating), Oil, Baseboard
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick, Vinyl Siding
Listing Agency
Berkshire Hathaway HomeServices Pocono Real Estate Hawley
(570) 226-1800
10 Roosevelt Dr., Hawley, PA
Listed by
Maxwell Stevens · License #RS349255
(406) 570-3805
Added: Jun 30 Checked: Jul 18 at 1:06 am
MLS# PW-262365
Listing URL
Copyright © 2026 Pike/Wayne Association of Realtors MLS. 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 property includes a main building with professional office space on the first floor and an updated owner’s apartment on the second floor. A detached two-car garage on-site includes an additional apartment above, creating multiple rental income streams.
The property sits on 3.03 acres along Hamlin Highway with visibility on a high-traffic corridor estimated at approximately 10,000 vehicles per day. It is positioned next to a major Dunkin’ location and surrounded by established businesses and franchises, supporting strong consumer exposure. Existing income is described as approximately $5,500 to $6,000 per month from tenants, billboard rental, and other leased spaces.
In addition to the building improvements, the site includes parking and open land in front of and behind the existing structures, offering room for future expansion or additional development subject to approvals.
The property sits on 3.03 acres along Hamlin Highway with visibility on a high-traffic corridor estimated at approximately 10,000 vehicles per day. It is positioned next to a major Dunkin’ location and surrounded by established businesses and franchises, supporting strong consumer exposure. Existing income is described as approximately $5,500 to $6,000 per month from tenants, billboard rental, and other leased spaces.
In addition to the building improvements, the site includes parking and open land in front of and behind the existing structures, offering room for future expansion or additional development subject to approvals.
Key Highlights
- 3.03‑acre mixed‑use property with main building office space plus an updated owner’s apartment
- Detached two‑car garage with an additional apartment above for multiple income streams
- Current gross income reported at approximately $5,500–$6,000 per month from tenants and leased space (including billboard rental)
Local Financial Insights For Office B
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 | $79.0k | $21.00 |
| − Vacancy | −$8.8k | −$2.33 |
| EGI | $70.2k | $18.67 |
| − OpEx | −$17.6k | −$4.67 |
| NOI | $52.7k | $14.00 |
3,762 SF · lease $21.00/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$752.5K
$658.4K – $877.9K
NOI $52,675 @ 7.0% cap · market cap 6.59%
Second Best
Multifamily LT 5
$584.6K
$511.5K – $682.1K
NOI $40,923 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$917.3K
$802.7K – $1.07M
NOI $64,213 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Mixed-use building with first-floor office space, second-floor owner apartment, and an additional apartment above a detached garage.
Where is this live-work space located?
The property is located at 543 Hamlin Highway Hamlin, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3.03‑acre mixed‑use property with main building office space plus an updated owner’s apartment; Detached two‑car garage with an additional apartment above for multiple income streams; Current gross income reported at approximately $5,500–$6,000 per month from tenants and leased space (including billboard rental)
