Mixed-Use Property with
For Sale
$375,000
113 Ward Avenue, Mount Pocono, PA 18344
Commercial Sale, Mount Pocono, PA
Property Size2,208 SF
Lot Size0.50 Acres
Price / SF$169.84
Days on Market170
Property Features for 113 Ward Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Mount Pocono Borough
Standard status
Active
APN
10.6.1.1-16
Size
2,208 SF
Lot size
0.50 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
Out Of 1 3
Tax Annual Amount
10675
Legal Description
Out Of 1 3
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Building materials
Brick
Listing Agency:
Amantea Real Estate
Listed By:
Jennifer-Lynn Amantea
(570) 215-7200
Added: May 12
Changed: Oct 28
Last Checked: Oct 28 at 3:06PM
MLS# PM-141203
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.
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Investment Insights
Based on property information with market context.
This 2,208-square-foot brick property on a 0.5-acre lot contains four rental spaces: a beauty salon, an electrical business, a long-term residence, and an Airbnb. Built in 1978, the building has electric heat and wall or window-unit cooling.
The property is in Mount Pocono, Pennsylvania, with public water and a septic system. Its mix of commercial and residential rental uses is reflected in the existing four-space configuration.
The property is in Mount Pocono, Pennsylvania, with public water and a septic system. Its mix of commercial and residential rental uses is reflected in the existing four-space configuration.
Key Highlights
- Four rental spaces: beauty salon, electrical business, long‑term residence, and Airbnb
- 2,208 square feet on a 0.5‑acre lot
- Brick construction; built in 1978
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
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 spaces serve salon, electrical business, long-term residential, and short-term rental uses.
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 spaces: beauty salon, electrical business, long‑term residence, and Airbnb; 2,208 square feet on a 0.5‑acre lot; Brick construction; built in 1978
