Listing Agency: RE/MAX of Lake Wallenpaupack - Greentown d***@remax.net Show Phone

Listed By: David Dellert · License #RM425903 Show Phone

Source: Exprealty

Added: Apr 15, 2024 Changed: Aug 20 Last Checked: Aug 23 at 7:02AM

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Investment Insights

Based on property information with market context.

This commercial property features a large office space and an additional residential home. The property is located less than a mile from Route 84, benefiting from high traffic counts. Two lit signs enhance road frontage visibility. The property is presented as a commercial investment opportunity.

Key Highlights

• High potential ROI in less than 10 years.
• Large commercial office space building.
• High traffic location.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

57

Businesses Nearby

Explore this area Business Placement

Demographics for 18426, PA

3,883

Population

3,973

Households

1

Avg Household Size

53

Median Age

21%

College-Educated

92%

High-School Grad

52.1 sq mi

ZIP Area

75

Density / Sq Mi

$78,438

Median Household Income

$42,217

Median Earnings

$1,279

Median Rent

$268,700

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Commercial office building with residential home near Route 84.

Where is this office building located?

The property is located at 1345 Route 507 Greentown, PA.

What is the asking price?

The asking price for this property is $649,000.

What are key features of this property?

This property features: High potential ROI in less than 10 years.; Large commercial office space building.; High traffic location.