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Mixed-Use Property with Three Tenants
For Sale
$849,900

1904 Route 940, Pocono Pines, PA 18350

The property combines office, restaurant, and apartment uses with on-site parking.

Property SizeContact for details
Days on Market776

Property Features for 1904 Route 940

General Information

Standard status Active

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $13,162

Building Details

Tenancy Multi
Owner Occupied Yes
Listing Agency: SER Commercial Real Estate, LLC
Listed By: Donald S Hannig · License #RM424481
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 29 Last Checked: Aug 29 at 1:06PM

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 SER Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This mixed-use property at 1904 Route 940 includes three established tenant uses: a real estate office, a pizza restaurant, and an apartment. The current owner-occupant has maintained the property, and on-site parking serves the existing occupants.

The property sits at a signalized intersection on Route 940 in Pocono Pines, near Lake Naomi, Timber Trails, and Pinecrest Communities. Lake Naomi Real Estate is identified as a continuing long-term tenant. The offering is for the real estate only, providing an existing combination of commercial and residential uses in one property.

Key Highlights

  • Three tenant uses: real estate office, pizza restaurant, and apartment
  • Signalized intersection on Route 940
  • Located in Pocono Pines, PA

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Auto Repair Shop Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom Veterinary Clinic

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 18350, PA

1,837
Population
1,967
Households
0.9
Avg Household Size
54
Median Age
36%
College-Educated
81%
High-School Grad
5.8 sq mi
ZIP Area
317
Density / Sq Mi
$109,058
Median Household Income
$90,750
Median Earnings
$218,000
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines office, restaurant, and apartment uses with on-site parking.
Where is this mixed-use property located?
The property is located at 1904 Route 940 Pocono Pines, PA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Three tenant uses: real estate office, pizza restaurant, and apartment; Signalized intersection on Route 940; Located in Pocono Pines, PA
More about this property
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