INVESTMENT PROPETY FOR SALE.2 Buildings, total of 6 mixed use units. One 1,800 sf office space available for lease.Potential NOI is $110,000.Optical office would be willing to relocted to 1,800 vacant space.
**Cash-Flowing Investment Opportunity - Old Forge, PA**Well-maintained multi-tenant commercial property offering stable income with additional upside potential.**Building #1 - 7,200 SF single-story medical office building* Occupied by a pharmacy and two medical practices* One vacant suite available for lease, providing immediate value-add potential**Building #2 - 3,600 SF mixed-use building* Retail/optometrist office in the front portion* One-bedroom apartment in the rear, providing additional rental incomeThe current owner pays real estate taxes.**Owner-User Opportunity:**Suite 3 in Building #1 is available for occupancy. The existing optometrist tenant is willing to relocate to this suite, allowing a purchaser to occupy the retail space in Building #2 while maintaining rental income from the remaining tenants.This property offers a combination of established tenancy, income generation.
Positioned in a high-visibility location, this unique property presents a rare opportunity for investors, developers, and business owners seeking flexibility and long-term value. Whether you choose to repurpose the existing structure or pursue a full redevelopment, the possibilities here are extensive. The current building offers a functional layout with multiple private rooms and spacious gathering areas, making it well-suited for conversion to professional offices, medical or wellness use, educational space, or boutique event operations. In addition, the property includes an adjacent residential structure, creating a compelling opportunity to expand and enhance the site footprint. Removal of the existing home would allow for the development of dedicated on-site parking or additional improvements, significantly increasing usability and overall value. For developers, the site also presents strong potential for ground-up construction, offering the flexibility to design a modern commercial or mixed-use space tailored to today's needs. A versatile property ready to support your vision--whether you renovate, reconfigure, or build entirely new.
Great investment property in Old Forge! See documents for Units, Rent Roll and Expenses.
Rare investment opportunity featuring two houses and an additional parcel of land, all included in one package. Both homes are in need of renovation, offering the perfect chance for investors, contractors, or savvy buyers to add significant value. Whether you choose to flip for profit, renovate and hold as rental properties, or create a multi-income portfolio, the potential here is undeniable.The separate parcel of land provides even more upside, with excellent possibilities for new construction. Ideal for townhomes, spec homes, or a custom build, this property offers flexibility for a variety of development strategies (buyer to verify zoning and permitted uses). With the right vision, this could become a highly desirable residential project.Opportunities like this are becoming harder to find--multiple properties, development potential, and strong return possibilities all in one. Bring your ideas and transform this property into a profitable investmentPlease be advised the tax information listed is no correct .
In the heart of Old Forge this 87,000SF light industrial zoned property consists of approximately 80000 sq ft of warehouse, light manufacturing and distribution space complete with offices, showroom, empolyee breakroom & lockers, restrooms, parking, loading docks & garage bays. Floor to beams range from 10ft-12ft and floor to ceiling is 15 ft. Great potential for an end user or for redevelopment
In the heart of Old Forge, this 87,000SF light-industrial zoned property, consists of approximately 75,000sf dedicated to warehouse, light manufacturing, and distribution space complete with offices, showroom, employee break room, restrooms, parking, loading docks, & garage bays. Floor to beams:10-12ft / Floor to ceiling:14-15ft Great potential for self-storage development and/or other various permitted C-2 accessory uses.
Commercial zoned lot located in Old Forge vacant and ready for your imagination.
Old Forge is located in Pennsylvania. Old Forge, Pennsylvania has a population of 8,494. Old Forge is less family-centric than the surrounding county with 22.16% of the households containing married families with children. The county average for households married with children is 24.76%.
The median household income in Old Forge, Pennsylvania is $62,615. The median household income for the surrounding county is $58,366 compared to the national median of $69,021. The median age of people living in Old Forge is 44.7 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 41.1 inches per year, with 38 inches of snow per year.
