Search
Two-Story Automotive Service Building
For Sale
$1,200,000

110 N Courtland Street, East Stroudsburg, PA 18301

Commercial Sale, East Stroudsburg, PA

Property Size11,094 SF
Lot Size0.56 Acres
Price / SF$108.17
Days on Market193

Property Features for 110 N Courtland Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision East Stroudsburg Borough
Standard status Active
APN 05-4.1.5.12
Size 11,094 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 33747

Utilities

Sewer type Public Sewer
Water source Public

Amenities

showroom
private offices
20-foot ceilings
4,000-lb. lift
wide-open second floor

Building Details

Year built 1990
Floors in Building 2
Listing Agency: SER Commercial Real Estate, LLC
Listed By: George Vlamis · License #RS278068
Added: Feb 24 Changed: Aug 21 Last Checked: Sep 5 at 6:06PM
MLS# PM-139053

Copyright © 2026 Pocono Mountains Association of Realtors. 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 two-story automotive property contains 11,094 square feet of commercial space and was constructed in 1990. The layout includes a showroom, private offices, and a service area with 20-foot ceilings. Four service bays are fitted with 10' x 12' overhead doors, while a 4,000-lb. lift connects the service area to a broad second floor. Public water and public sewer serve the building.

Commercial zoning supports a range of stated possibilities beyond automotive operations, including retail, showroom, office, medical, fitness, and mixed-use concepts. The property also provides parking for approximately 30 vehicles and records traffic counts exceeding 15,000 vehicles per day. Its location is 110 N Courtland Street in East Stroudsburg, PA 18301.

Key Highlights

  • 11,094‑square‑foot two‑story commercial building constructed in 1990
  • Automotive layout with showroom, private offices, and service/garage area
  • Service area features 20‑foot ceilings and four bays

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$77,603
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.47%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,552,060 $1.6M
Cap Rate 7%
$1,108,614 $1.1M
Cap Rate 9%
$862,256 $862.3K
Market Conditions
NOI Build-Up for 11,094 SF 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.
Gross rent
$126.5K $11.40/SF
− Vacancy
−$7.1K −$0.64/SF
EGI
$119.4K $10.76/SF
− OpEx
−$41.8K −$3.77/SF
NOI
$77.6K $7.00/SF
Area
Monroe County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,552,060
Cap Rate 7%
$1,108,614
Cap Rate 9%
$862,256

Alternative Uses

Best Use
Retail
$1.79M
$1.56M – $2.09M (±1% cap)
NOI $125,107 @ 7.0% cap · market cap 10.43%
Second Best
Flex RnD
$1.11M
$970.0K – $1.29M (±1% cap)
NOI $77,603 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$3.32M
$2.91M – $3.87M (±1% cap)
NOI $232,441 @ 7.0% cap · market cap 19.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

North Courtland Auto ... Car Dealership Ike's Mobile Tires (Bike/Boat/Book/etc) Store Ike's Tire & Auto ... (Bike/Boat/Book/etc) Store ID Resource Center Real Estate Agency Byrider Stroudsburg Auto Repair Shop

Suggested Use

Top Pick Law Firm Electrical Service Storage Facility Locksmith Garden Center Acupuncture

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

20 ft
Clear height
4
Drive-in doors
4
Service bays
15,000 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby
Well-served
Demand for This Use

Demographics for 18301, PA

29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cook's Cliffside Automotive 500 N 5th St, Stroudsburg, PA 18360
  • Chotime Vehicle Wraps 1 Kintner Alley, Stroudsburg, PA 18360
  • Valvoline Instant Oil Change 12 N 2nd St, Stroudsburg, PA 18360
  • Cottman Transmission & Total Auto Care 101 Kraemer Ave, Stroudsburg, PA 18360
  • dominifab 1 Kintner Alley, Stroudsburg, PA 18360

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive-oriented commercial property with showroom, private offices, service bays, and adaptable second-floor space.
Where is this auto shop located?
The property is located at 110 N Courtland Street East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 11,094‑square‑foot two‑story commercial building constructed in 1990; Automotive layout with showroom, private offices, and service/garage area; Service area features 20‑foot ceilings and four bays
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message