Equipped Breakfast Diner
For Sale
$79,800
1101 Route 390, Cresco, PA 18326
Commercial Sale, Cresco, PA
Property Size1,054 SF
Lot Size0.01 Acres
Price / SF$75.71
Days on Market97
Property Features for 1101 Route 390
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking
35
Exterior features
Balcony, Uncovered Courtyard
Basement
Concrete
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Barrett Township
Standard status
Active
APN
01.18.1.16-2
Size
1,054 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Utilities
Phone Available
Sewer type
Private Sewer, Septic Tank
Heating system
Wall Furnace, Electric (Heating), Natural Gas
Cooling system
Exhaust Fan (Cooling), Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
1
Flooring type
Carpet
Building materials
Block, Concrete
Roof type
Flat
Listing Agency:
RE/MAX of the Poconos · RE/MAX International
(570) 421-2345
Listed By:
Ourania Renata Mavrogiorgos · License #RS352763
(240) 478-4256
Added: Jun 28
Changed: Sep 29
Last Checked: Oct 2 at 9:06AM
MLS# PM-142618
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 sale covers the diner business rather than the real estate. The operation occupies a 1,054-square-foot premises built in 1986 and includes a fully equipped commercial kitchen, dining area, two separate restrooms, and seating for 36 guests. Additional outdoor seating is available in front of the store, subject to weather conditions.
The diner currently operates on a five-week schedule, serving breakfast and lunch. Building systems include central air, exhaust ventilation, electric and natural-gas heating, and a wall furnace. The property has public water and septic service, with phone service available. On-site parking is also provided. The business has operated for 16 years and is offered with a five-year lease for the premises, with a longer term also contemplated in the source information.
The diner currently operates on a five-week schedule, serving breakfast and lunch. Building systems include central air, exhaust ventilation, electric and natural-gas heating, and a wall furnace. The property has public water and septic service, with phone service available. On-site parking is also provided. The business has operated for 16 years and is offered with a five-year lease for the premises, with a longer term also contemplated in the source information.
Key Highlights
- Business sale only; real estate is not included
- Fully equipped commercial kitchen included
- 1,054 square feet with seating for 36 guests
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
$6,150
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
7.71%
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%
$123,000
$123.0K
Cap Rate 7%
$87,857
$87.9K
Cap Rate 9%
$68,333
$68.3K
Market Conditions
NOI Build-Up for 1,054 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
$9.3K $8.83/SF
− Vacancy
−$521 −$0.49/SF
EGI
$8.8K $8.34/SF
− OpEx
−$2.6K −$2.50/SF
NOI
$6.1K $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%
$123,000
Cap Rate 7%
$87,857
Cap Rate 9%
$68,333
Alternative Uses
Best Use
Specialty Retail
$195.1K
$170.8K – $227.7K
NOI $13,660 @ 7.0% cap · market cap 17.12%
Second Best
Industrial
$87.9K
$76.9K – $102.5K
NOI $6,150 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$315.5K
$276.0K – $368.1K
NOI $22,083 @ 7.0% cap · market cap 27.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18326, PA
4,291
Population
1,914
Households
2.2
Avg Household Size
48
Median Age
22%
College-Educated
97%
High-School Grad
33.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,827
Median Household Income
$34,911
Median Earnings
$945
Median Rent
$244,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Breakfast & diner - Established diner business with a commercial kitchen, indoor seating, restrooms, outdoor seating, and on-site parking.
Where is this breakfast & diner located?
The property is located at 1101 Route 390 Cresco, PA.
What is the asking price?
The asking price for this property is $79,800.
What are key features of this property?
This property features: Business sale only; real estate is not included; Fully equipped commercial kitchen included; 1,054 square feet with seating for 36 guests
