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    6588 Pennsylvania 191 Cresco, PA 18326

    View on Map
    Sponsored
    For Sale
    $405,000

    COMMERCIAL - Cresco, PA

    Property size:
    2,886 SF
    Lot size:
    0.25 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 28 at 3:06 pm

    Property Features for 6588 Pennsylvania 191

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Mix Use
    Rooms
    Basement
    APN
    01.12.1.49-2
    Parking
    8
    Basement
    Dirt Floor, Walk-Out Access, Unfinished, Partial
    Size
    2,886 SF
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Propane
    Heating system
    Propane Stove, Propane (Heating), Baseboard
    Water source
    Well

    Building Details

    Year built
    1940
    Floors in Building
    1
    Flooring type
    Laminate, Wood
    Building materials
    Block, Concrete, Frame
    Roof type
    Asphalt, Shingle

    We can help!

    Listing Contact
    Ricardo Garcia

    Keller Williams Real Estate - Tannersville

    Listing agent Ricardo Garcia

    Listing date Mar 28, 2026

    MLS# PM-139777

    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.

    Learn more

    Property Insight Report

    Overview

    Cresco Mixed-Use Income Property

    This commercial property features rental income on one side and an open 2200-square-foot space on the other, with a courtyard in the middle. Situated on Route 191, a primary Pocono corridor, the property benefits from strong visibility and accessibility, catering to year-round local demand and seasonal tourism. The flexible mixed-use zoning allows for multiple income streams, making it suitable for an owner-user or investor. The property is located in the Cresco/Barrett Township area, where there is limited commercial inventory but high demand for local services and tourism-driven businesses. The property is suitable for retail, residential, professional, or tourism-based businesses. Retail options include a dance studio, CrossFit space, convenience or specialty retail, a boutique or gift shop, or a pet store. For residential use, the property could serve as a live-work space, an Airbnb, a short-term rental with a storefront, or a multi-unit with commercial frontage. Professional or office uses could include a real estate office, insurance or mortgage services, medical or wellness services. Tourism-based businesses could include an outdoor outfitter, adventure rentals, or an event space. The property size is 2886 square feet and the lot size is 0.25 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Cresco
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.277609
    Latitude
    41.162212

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial property with rental income and flexible mixed-use zoning.
    Where is this mixed-use property located?
    The property is located at 6588 Pennsylvania 191 Cresco, PA.
    What is the asking price?
    The asking price for this property is $405,000.
    What are key features of this property?
    This property features: - High-visibility location on primary Pocono corridor (Route 191).; - Flexible mixed-use zoning allows for multiple income streams.; - Rental income potential from existing tenant.
    (570) 730-4774
    Request Owner's contact information
    6588 Pennsylvania 191 Cresco, PA 18326
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    Cresco, PA 18326
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    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
    6588 Pennsylvania 191 Cresco, PA 18326
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    Ricardo Garcia
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