Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    159 Summit Avenue Pocono Summit, PA 18346

    View on Map
    For Sale
    $275,000

    COMMERCIAL - Pocono Summit, PA

    Property size:
    2,912 SF
    Lot size:
    0.45 Acres
    Added:
    Jan 16, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 3 at 1:06 pm

    Property Features for 159 Summit Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-3- Mixed Use
    Basement
    Unfinished, Full
    Standard status
    Active
    APN
    03.5.2.76-1
    Size
    2,912 SF
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3996

    Utilities

    Heating system
    Hot Water(Heating), Propane (Heating), Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Well

    Building Details

    Year built
    1961
    Floors in Building
    1
    Roof type
    Shingle

    We can help!

    Listing Contact
    Jennifer Rodgers

    Listing agent Jennifer Rodgers

    Listing office Coldwell Banker Hearthside Pocono 1656 US 209 #13, Hellertown, PA

    Listing date Jan 16, 2026

    MLS# PM-138327

    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.

    Overview

    Mixed-Use Investment in Pocono Summit

    Located in Pocono Summit, this mixed-use property offers flexible use potential. Currently configured as a 3-bedroom, 1-bath ranch with a bonus room, this property presents an excellent opportunity for short-term rental, mixed-use, or income-producing strategies. The single-level layout includes stainless steel appliances and a wood-burning fireplace. Gas heat provides efficiency. A full unfinished basement provides additional storage or future build-out potential, while the detached one-car garage with workshop offers space for owner storage, maintenance supplies, or value-add improvements. A circular driveway allows for easy guest access and ample parking. The C-3 zoning supports a wide range of commercial and mixed-use possibilities, making this property attractive to investors seeking flexibility beyond traditional residential use. Ideally positioned near major routes and Pocono attractions, this location is well-suited for short-term rental demand, seasonal visitors, or hybrid residential/commercial concepts. The property has a lot size of 0.45 acres and a property size of 2912 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pocono Summit
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.384561
    Latitude
    41.115693

    Nearby Similar for Sale

    • $3,750,000
      41,160 SF

      Pocono Summit Commercial Building

      41,160 SF building on 10 acres in Pocono Summit.
      5357 Development Park Drive, Pocono Summit, PA 18346
      View Details
    • $1,200,000
      7,059 SF

      Pocono Summit Professional Office Building

      Two-story office building in Pocono Summit with flexible commercial zoning.
      2642 Route 940, Pocono Summit, PA 18346
      View Details
    • $4,851,000
      13,377 SF

      Drive-Thru CVS Pharmacy Investment

      NNN leased CVS Pharmacy with drive-thru and extension options.
      3016 Route 940, Pocono Summit, PA
      View Details
    • $1,200,000
      7,059 SF

      Professionally Designed Office Building For Sale

      7,059 SF office building in Pocono Summit, Pennsylvania.
      2642 Route 940, Pocono Summit, PA 18346
      View Details
    • $2,750,000

      Pocono Summit Freestanding Building

      41,160 SF building near upcoming entertainment village.
      5357 Development Park Dr, Pocono Summit, PA
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - C-3 zoned property with flexible use potential.
    Where is this mixed-use property located?
    The property is located at 159 Summit Avenue Pocono Summit, PA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: C‑3 zoning allows for flexible mixed‑use, short‑term rental, or commercial development opportunities.; Ideal location near major routes and Pocono attractions, well‑suited for short‑term rental demand.; Currently configured as a 3‑bedroom, 1‑bath ranch with bonus room, ready for immediate use.
    (267) 685-6180
    We can help!
    Listing Contact
    Jennifer Rodgers
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!