Oakwood Terrace

For Sale

400 Gleason Drive, Moosic, PA 18507

This Moosic property for sale is located at 400 Gleason Drive. The current listed sale price for Oakwood Terrace is $8,136,000. Oakwood Terrace is situated on a lot that is 13.35 acre in size.

Contacts

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Property Details

  • Property Type Multi-Family
  • Property Size 27,000 SF
  • Units 54
  • Lot Size 13.35 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1990
  • Year Renovated 2025
  • Date Updated Apr 23, 2026
Moosic, PA is located in the heart of Lackawanna County, offering an attractive balance of urban convenience and scenic surroundings. Nearby amenities include the Mohegan Sun Arena, a premier regional destination for concerts and events, and Montage Mountain Resorts, which provides year‑round outdoor recreation including skiing, waterpark attractions, and festivals. The property benefits from immediate access to I-81, close proximity to retail centers, dining, and 10-min drive from Wilkes-Barre/Scranton International Airport (AVP), ensuring excellent regional connectivity, accessibility, and ease of transportation.27,000 SF / 54‑bed senior living investment opportunity located in Avoca, PA. The property demonstrates stabilized operational performance and benefits from an assumable HUD 232 loan at a favorable fixed interest rate, enhancing long‑term financing stability. The location offers immediate access to Interstate 81 and close proximity to Wilkes‑Barre/Scranton International Airport, providing excellent regional connectivity. Supported by strong healthcare adjacency and a durable senior demographic, the asset presents a compelling opportunity within a resilient and growing senior living market.
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Highlights

  • $2.24M Revenue in 2025, Demonstrating Stabilized Operational Performance
  • 27,000 +/- Sqft. Single-Story Building Situated on 13.35 Acres
  • 54-Bed Personal Care & Memory Care Facility
  • Assumable HUD 232 Loan with 3.49% Fixed Interest Rate through 2052
  • Built in 1990 & Renovated in 1999 & 2025
  • Durable Senior Demographics, with ~22% of Residents Aged 65+ withing the Local Trade Area
  • Immediate Access to I-81 & 10 Minutes from Wilkes-Barre/Scranton International Airport (AVP)
  • Proximity to Major Employment & Lifestyle Drivers, Including CenterPoint Commerce & Trade Park and Regional Entertainment Venues
  • Strong Healthcare Adjacency, Including Geisinger Community Medical Center & Regional Hospital
  • Winner of Best of Senior Living 2021 Award

Getting around

  • 25/100

    Walk Score ®

  • 10/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Moosic, PA
  • Zip Code 18507
  • Market Scranton Wilkes Barre

Points of Interest

  • PNC Field

    0.99 miles

  • Electric City Trolley Station

    3.68 miles

  • Exxon

    1.02 miles

  • Valero

    1.22 miles

  • Sunoco

    1.28 miles

  • Shell

    1.41 miles

  • Tesla Supercharger

    1.43 miles

  • Sheetz

    1.56 miles

  • EVgo

    4.25 miles

  • Lot D

    2.20 miles

  • Lot A

    2.28 miles

  • Elm Street Trailhead

    2.95 miles

  • 7th Avenue Trailhead

    3.66 miles

  • Fitzpatrick Parking

    3.68 miles

  • Casey Garage

    3.73 miles

  • Electric City Parking

    3.76 miles

  • Medallion Garage

    3.77 miles

  • Connell Garage

    3.78 miles

  • A Trotters Motel

    0.67 miles

  • Moosic Motor Inn

    0.72 miles

  • Rodeway Inn

    0.73 miles

  • Courtyard by Marriott Scranton Montage Mountain

    0.99 miles

  • TownePlace Suites by Marriott Scranton Wilkes-Barre

    1.09 miles

  • SpringHill Suites by Marriott Scranton Montage Mountain

    1.16 miles

  • Fairfield Inn & Suites

    1.18 miles

  • Hampton

    1.42 miles

  • Comfort Suites

    1.47 miles

  • Best Western Plus Wilkes Barre-Scranton Airport Hotel

    2.71 miles

  • Gerrity's

    0.61 miles

  • Big Lots

    0.92 miles

  • ShopRite

    0.94 miles

  • Birney Mall

    0.95 miles

  • Maines Food & Party Warehouse

    1.32 miles

  • Price Chopper

    2.33 miles

  • Walmart Supercenter

    2.52 miles

  • Price Rite

    3.24 miles

  • Weis

    3.50 miles

  • Gerrity's Supermarket

    3.53 miles

Contact Listing Broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

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