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31536971
31536973

306 W Main St, Pen Argyl, PA 18072 For Sale

JM
PA RB068478, RM423395
TACM Commercial Realty
Listed by TACM Commercial Realty
$850,000
110 days on market
Updated 34 days ago

Gap View Personal Care Home

Details
APN 5665-04-7781-5084
Property Type Senior Living
Sub Type personal care
Square Footage 10,600
Units 25
Price per SqFt $80
Year Built 1900
Year Renovated 2023
Buildings 1
Stories 2
Acreage 0.630
Zoning IL
Ownership Fee Simple

Gap View Personal Care Home

Marketing description

Gap View Personal Care Home operates as a full-service Personal Care facility, licensed for 25 beds. Operating on a private-pay model, the facility is clean, well-managed, and thoughtfully maintained throughout. Recently updated and smoothly operating, the facility features a commercial kitchen, large dining room, many dens and sitting rooms, and a convenient in-town location. The sale includes all furniture, fixtures, and equipment, along with an established, experienced staff in place to ensure a seamless transition for a new owner.

Rooms vary in size with a mix of private, semi-private, and shared rooms. Some rooms have private baths, and others have shared baths. Current occupancy is above 90%, and typically, any empty rooms are filled quickly.

The property is large, with a main building over 10,000 SF. This all-brick building, a former hospital, is situated on approximately 0.63 acres, and was converted into Personal Care around 2007 and has continued in this use since. Updates made under the current ownership include many internal cosmetic upgrades, window replacements, and other improvements to enhance resident well-being.

The facility’s use provides robust infrastructure, including in-place power, plumbing, heating, laundry, and commercial kitchen capabilities. Great to continue as personal care or hold potential for conversion into other types of multi-family living, including group homes or apartments.

Conveniently located within 1 hour of major urban centers and easily accessible from a nearby interstate, this community benefits from strong regional demographics and close proximity to top-tier regional healthcare systems. Pen Argyl, a borough celebrated for its 19th-century architecture and storied past as a world-renowned slate producer. This picturesque town sits at the "head of the slate," offering stunning views of rolling hills and lush greenery. The community’s character is preserved in its beautiful Victorian and Colonial-style homes, many featuring the grand ceilings and craftsmanship of a bygone era. From the local "Green Knight" school pride to the serene backdrop of the Poconos just a short drive away, Pen Argyl offers a lifestyle defined by tradition, tranquility, and timeless appeal.

Competition: There is very little to no competition for a Personal Care Home in this direct area. The market is strong as the population in this specific area is growing older.

Investment highlights

25 Bed Facility

Turn-Key Operation

Central Location

Private Pay

Listing Contacts

JM
PA RB068478, RM423395
TACM Commercial Realty
Listed by TACM Commercial Realty

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