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Mixed-Use Property with Auto Garage
For Sale
$350,000

1725 Cochecton Turnpike, Damascus, PA 18415

Commercial Sale, Damascus, PA

Property Size2,500 SF
Lot Size0.91 Acres
Price / SF$140
Days on Market158

Property Features for 1725 Cochecton Turnpike

General Information

Property type Commercial Sale
Property subtype Other
Zoning ND
Rooms Basement
Parking features Side By Side, Off Street, Garage, Driveway, Oversize
Exterior features Private Entrance, Private Yard
Basement Storage Space, Concrete
Lot features Back Yard, Not In Development, Level
Elementary school district Wayne Highlands
Middle school district Wayne Highlands
High school district Wayne Highlands
Directions From Honesdale take North Main Street to 191 North. Travel 4.5 miles and turn right onto Oregon Turnpike. 6.6 miles at stop sign turn right. In about 5.4 miles building will be on your left
Standard status Active
APN 07-0-0004-0001
Lot size 0.91 Acres

Taxes and HOA fees

Tax Annual Amount 4912

Utilities

Heating system Electric (Heating), Varies by Unit (Heating)
Water source Well

Building Details

Year built 1900
Floors in Building 2
Number of units 5
Flooring type Carpet, Linoleum
Building materials Board & Batten Siding
Roof type Metal
Listing Agency: RE/MAX WAYNE · RE/MAX International
Listed By: Jessica J. Barnes · License #RS320208
Added: May 5 Changed: Oct 8 Last Checked: Oct 9 at 2:06PM
MLS# PW-261251

Copyright © 2026 Pike/Wayne Association of Realtors MLS. 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 mixed-use property combines four fully rented residential units with a fully occupied commercial garage and auto repair operation. The garage measures 2,500 square feet and includes three bays. The 0.91-acre parcel is zoned ND, and the building dates to 1900.

Located at 1725 Cochecton Turnpike in Damascus, the property is near the Delaware River, Damascus School, and the New York state border. Property features include a private yard, well water, metal roofing, and board-and-batten siding. Parking options include off-street spaces, a driveway, and garage parking; street parking is also available.

Key Highlights

  • Four residential units are fully rented
  • Fully occupied 2,500‑square‑foot commercial auto repair garage
  • Three‑bay garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,988
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,760 $599.8K
Cap Rate 7%
$428,400 $428.4K
Cap Rate 9%
$333,200 $333.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$2.2K −$0.86/SF
EGI
$42.8K $17.14/SF
− OpEx
−$12.9K −$5.14/SF
NOI
$30.0K $12.00/SF
Area
Wayne County, PA
Vacancy
4.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,760
Cap Rate 7%
$428,400
Cap Rate 9%
$333,200

Alternative Uses

Best Use
Retail
$428.4K
$374.9K – $499.8K (±1% cap)
NOI $29,988 @ 7.0% cap · market cap 8.57%
Second Best
Mixed Use
$370.0K
$323.8K – $431.7K (±1% cap)
NOI $25,903 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$609.6K
$533.4K – $711.2K (±1% cap)
NOI $42,672 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Auto Repair Shop Building Supply Real Estate Agency Dental Office Gym & Fitness Center Wine and Liquor 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.

Lease Details

3
Service bays
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 18415, PA

1,247
Population
1,087
Households
1.1
Avg Household Size
52
Median Age
32%
College-Educated
95%
High-School Grad
34.3 sq mi
ZIP Area
36
Density / Sq Mi
$87,985
Median Household Income
$47,188
Median Earnings
$327,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four occupied residential units sit alongside an operating commercial auto repair facility.
Where is this mixed-use property located?
The property is located at 1725 Cochecton Turnpike Damascus, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four residential units are fully rented; Fully occupied 2,500‑square‑foot commercial auto repair garage; Three‑bay garage
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