Automotive Showroom and Service
For Sale
$1,200,000
110 N Courtland Street, East Stroudsburg, PA 18301
Two-story automotive building offers showroom, private offices, and four service bays with overhead doors and 20-foot ceilings.
Property Size11,094 SF
Lot Size0.76 Acres
Price / SF$108.17
Days on Market191
Property Features for 110 N Courtland Street
General Information
Standard status
Active
Size
11,094 SF
Total Parking Spaces
30
Lot size
0.76 Acres
Property subtype
Commercial
Zoning
Commercial
Site & Location
Traffic Count
15,000 vehicles/day
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
4
Additional Details
Service Bays
4
Taxes and HOA fees
Annual Taxes
$33,747
Building Details
Building Size
11,094 SF
Year Built
1990
Stories
2
Listing Agency:
SER Commercial Real Estate, LLC
(570) 431-7400
Listed By:
George Vlamis · License #RS278068
(570) 460-6300
Source:
Sercommercial
Added: Feb 24
Changed: Sep 3
Last Checked: Aug 16 at 3:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SER Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This two-story commercial building was originally constructed for a car dealership and is well suited to automotive operations. The layout includes a spacious showroom with private offices, along with a service/garage area featuring 20-foot ceilings. The service portion has four bays, each with a 10' x 12' overhead door, and an available 4,000-lb. lift that supports access to a wide-open second-floor area.
Located in East Stroudsburg, PA on 0.76 acres, the property is served by public water and sewer. Parking is provided for approximately 30 vehicles, and the site is described as having excellent visibility. Public remarks also indicate traffic counts exceeding 15,000 vehicles per day.
While designed for automotive use, the commercial zoning supports a range of other concepts, including retail, showroom, office, medical, fitness, or mixed-use. For operators seeking a flexible, multi-area facility with dedicated service bays and substantial interior volume, this property offers a practical foundation for a variety of tenant or ownership scenarios.
Located in East Stroudsburg, PA on 0.76 acres, the property is served by public water and sewer. Parking is provided for approximately 30 vehicles, and the site is described as having excellent visibility. Public remarks also indicate traffic counts exceeding 15,000 vehicles per day.
While designed for automotive use, the commercial zoning supports a range of other concepts, including retail, showroom, office, medical, fitness, or mixed-use. For operators seeking a flexible, multi-area facility with dedicated service bays and substantial interior volume, this property offers a practical foundation for a variety of tenant or ownership scenarios.
Key Highlights
- Two‑story 11,094 SF commercial building built in 1990 on 0.76 acres in East Stroudsburg, PA
- Automotive setup includes spacious showroom, private offices, and a service/garage area with 20‑foot ceilings
- Four service bays with 10' x 12' overhead doors plus a 4,000‑lb. lift for access to the second floor
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
$64,732
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
5.39%
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%
$1,294,640
$1.3M
Cap Rate 7%
$924,743
$924.7K
Cap Rate 9%
$719,244
$719.2K
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
$98.0K $8.83/SF
− Vacancy
−$5.5K −$0.49/SF
EGI
$92.5K $8.34/SF
− OpEx
−$27.7K −$2.50/SF
NOI
$64.7K $5.83/SF
Area
Monroe County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
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%
$1,294,640
Cap Rate 7%
$924,743
Cap Rate 9%
$719,244
Alternative Uses
Best Use
Retail
$1.79M
$1.56M – $2.09M
NOI $125,107 @ 7.0% cap · market cap 10.43%
Second Best
Industrial
$924.7K
$809.2K – $1.08M
NOI $64,732 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$3.32M
$2.91M – $3.87M
NOI $232,441 @ 7.0% cap · market cap 19.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
12k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 91%
Shops & Services 9%
Dunkin' Donuts
Dining
5,164 visits/mo
0.3 miles
Little Caesars Pizza
Dining
3,542 visits/mo
0.3 miles
China Star
Dining
2,646 visits/mo
0.1 miles
Mavis Discount Tire
Shops & Services
1,070 visits/mo
0.2 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Two-story automotive building offers showroom, private offices, and four service bays with overhead doors and 20-foot ceilings.
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: Two‑story 11,094 SF commercial building built in 1990 on 0.76 acres in East Stroudsburg, PA; Automotive setup includes spacious showroom, private offices, and a service/garage area with 20‑foot ceilings; Four service bays with 10' x 12' overhead doors plus a 4,000‑lb. lift for access to the second floor
