Mixed-Use Property with Four
For Sale
$375,000
113 Ward Avenue, Mount Pocono, PA 18344
Four rental components include a beauty salon, electrical company, long-term residence, and Airbnb operation.
Property Size2,208 SF
Price / SF$169.84
Days on Market177
Property Features for 113 Ward Avenue
General Information
Standard status
Active
Size
2,208 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$10,674
Building Details
Building Size
2,208 SF
Year Built
1978
Stories
1
Tenancy
Multi
Listing Agency:
Amantea Real Estate
Listed By:
Jennifer-Lynn Amantea · License #RM423948
(570) 215-7200
Source:
Amantearealestate
Added: May 12
Changed: Nov 2
Last Checked: Nov 4 at 6:05AM
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 Amantea Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property at 113 Ward Ave includes four separate rental components: a beauty salon, an electrical company, a long-term rental, and an Airbnb operation. The property size is listed as 2,208, with the available information identifying multiple commercial and residential income uses.
Positioned in the Poconos off Rt 611, the property is described as minutes from I-80/380 and area Pocono attractions. Its combination of business and lodging-related occupancy creates a varied existing use profile for an owner or operator seeking a mixed-use asset.
Positioned in the Poconos off Rt 611, the property is described as minutes from I-80/380 and area Pocono attractions. Its combination of business and lodging-related occupancy creates a varied existing use profile for an owner or operator seeking a mixed-use asset.
Key Highlights
- Four rental components spanning salon, electrical company, long‑term rental, and Airbnb uses
- Property size listed as 2,208
- Located off Rt 611 in the Poconos
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,231
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,620
$524.6K
Cap Rate 7%
$374,729
$374.7K
Cap Rate 9%
$291,456
$291.5K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$47.7K $21.60/SF
− Vacancy
−$5.7K −$2.59/SF
EGI
$42.0K $19.01/SF
− OpEx
−$15.7K −$7.13/SF
NOI
$26.2K $11.88/SF
Area
Monroe County, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,620
Cap Rate 7%
$374,729
Cap Rate 9%
$291,456
Alternative Uses
Best Use
Mixed Use
$374.7K
$327.9K – $437.2K
NOI $26,231 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$282.7K
$247.3K – $329.8K
NOI $19,787 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$660.9K
$578.3K – $771.0K
NOI $46,262 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 18344, PA
3,497
Population
1,621
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
448
Density / Sq Mi
$85,215
Median Household Income
$43,715
Median Earnings
$890
Median Rent
$171,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four rental components include a beauty salon, electrical company, long-term residence, and Airbnb operation.
Where is this mixed-use property located?
The property is located at 113 Ward Avenue Mount Pocono, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four rental components spanning salon, electrical company, long‑term rental, and Airbnb uses; Property size listed as 2,208; Located off Rt 611 in the Poconos
