Turnkey Auto Repair
For Sale
$699,000
2115 Milford Rd, East Stroudsburg, PA 18301
Turnkey auto repair operation with a two-bay service garage, office space, and included equipment and tools.
Property Size3,370 SF
Price / SF$207.42
Days on Market48
Property Features for 2115 Milford Rd
General Information
Standard status
Active
Size
3,370 SF
Additional Details
Business Included
Yes
Service Bays
2
Taxes and HOA fees
Annual Taxes
$15,900
Listing Agency:
SER Commercial Real Estate, LLC
(570) 431-7400
Listed By:
George Vlamis · License #RS278068
(570) 460-6300
Source:
Exprealty
Added: Jul 20
Changed: Aug 25
Last Checked: Sep 4 at 12:25PM
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 for-sale opportunity is a turnkey auto repair business offering a two-bay service garage and office space. The sale includes the equipment and tools used to operate the shop, with the exception of the owner’s personal tools. Included as part of the transaction are the computer system, the client list, and the business name.
The business is positioned on busy Milford Road (Route 209) in East Stroudsburg, supporting visibility and customer access.
Please note the sale is for the business only and does not include the real estate.
The business is positioned on busy Milford Road (Route 209) in East Stroudsburg, supporting visibility and customer access.
Please note the sale is for the business only and does not include the real estate.
Key Highlights
- Turnkey auto repair business for sale on Route 209 in East Stroudsburg
- Includes a 2‑bay service garage plus office space
- Sale includes all equipment, tools (excluding owners personal tools), computer system, and client list
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,956
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,059,120
$1.1M
Cap Rate 7%
$756,514
$756.5K
Cap Rate 9%
$588,400
$588.4K
Market Conditions
NOI Build-Up for 3,370 SF
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.
Gross rent
$80.9K $24.00/SF
− Vacancy
−$10.3K −$3.05/SF
EGI
$70.6K $20.95/SF
− OpEx
−$17.7K −$5.24/SF
NOI
$53.0K $15.71/SF
Area
Monroe County, PA
Vacancy
12.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,059,120
Cap Rate 7%
$756,514
Cap Rate 9%
$588,400
Alternative Uses
Best Use
Office B
$756.5K
$662.0K – $882.6K
NOI $52,956 @ 7.0% cap · market cap 7.58%
Second Best
Retail
$542.9K
$475.0K – $633.4K
NOI $38,003 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$1.01M
$882.6K – $1.18M
NOI $70,608 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Supreme Tires & Auto Works — 800 Milford Rd, East Stroudsburg, PA 18301
- Leatherneck ATR — 2115 Milford Rd, East Stroudsburg, PA 18301
- J&N — 2261 Milford Rd, East Stroudsburg, PA 18301
- Custom Import Performance — 2295 Milford Rd, East Stroudsburg, PA 18301
- Non-Fixtion Performance — 178 Airstrip Rd, East Stroudsburg, PA 18301
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto repair operation with a two-bay service garage, office space, and included equipment and tools.
Where is this auto shop located?
The property is located at 2115 Milford Rd East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Turnkey auto repair business for sale on Route 209 in East Stroudsburg; Includes a 2‑bay service garage plus office space; Sale includes all equipment, tools (excluding owners personal tools), computer system, and client list
