Mixed-Use Property with Four
For Sale
$399,900
113 Ward Ave, 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$181.11
Days on Market85
Property Features for 113 Ward Ave
General Information
Standard status
Active
Size
2,208 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$10,674
Building Details
Tenancy
Multi
Listing Agency:
Amantea Real Estate
(570) 215-7200
Listed By:
Jennifer-Lynn Amantea
(570) 215-7200
Source:
Exprealty
Added: May 12
Changed: Aug 3
Last Checked: Aug 3 at 7:02AM
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
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 For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $21.60 |
| − Vacancy | −$5.7k | −$2.59 |
| EGI | $42.0k | $19.01 |
| − OpEx | −$15.7k | −$7.13 |
| NOI | $26.2k | $11.88 |
2,208 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$374.7K
$327.9K – $437.2K
NOI $26,231 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$282.7K
$247.3K – $329.8K
NOI $19,787 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$660.9K
$578.3K – $771.0K
NOI $46,262 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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
Market
Properties on Market for Mixed-use properties in Monroe County
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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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 Ave Mount Pocono, PA.
What is the asking price?
The asking price for this property is $399,900.
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
