Renovation-Ready Office
For Sale
$444,000
2176 Route 115, Brodheadsville, PA 18322
Office building on busy Route 115 with a detached two-car garage, billboard presence, and interior renovation underway.
Property Size2,930 SF
Price / SF$151.54
Days on Market176
Property Features for 2176 Route 115
General Information
Standard status
Active
Size
2,930 SF
Total Parking Spaces
2
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,284
Listing Agency:
Forever Homes and Land Real Estate LLC
(570) 236-0100
Listed By:
Anthony Romano, Jr · License #RM426220
(570) 269-3090
Source:
Exprealty
Added: May 8
Changed: Oct 27
Last Checked: Oct 30 at 5:44PM
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 Forever Homes and Land Real Estate LLC
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Investment Insights
Based on property information with market context.
Commercial office building located on busy Route 115 with new sidewalks, a billboard, and a Highway Occupancy Permit (HOP) property. The building is described as a blank slate with interior in various levels of renovation, ready to build to suit for medical or professional services.
The property sits next door to Coordinated Health and across from Pleasant Valley School, off Switzgable Dr, with EZ access noted to surrounding routes.
On-site improvements include a two-car detached garage with a finish-able attic for owner use or additional storage, plus two large sheds. The offering is presented as having flexible build-out options based on the current renovation status and layout readiness.
The property sits next door to Coordinated Health and across from Pleasant Valley School, off Switzgable Dr, with EZ access noted to surrounding routes.
On-site improvements include a two-car detached garage with a finish-able attic for owner use or additional storage, plus two large sheds. The offering is presented as having flexible build-out options based on the current renovation status and layout readiness.
Key Highlights
- Commercial office building on busy Route 115 with new sidewalks and billboard presence
- Highway Occupancy Permit (HOP) property
- Interior in various levels of renovation, described as a blank slate ready to build to suit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,935
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,700
$698.7K
Cap Rate 7%
$499,071
$499.1K
Cap Rate 9%
$388,167
$388.2K
Market Conditions
NOI Build-Up for 2,930 SF
Gross rent
$63.3K $21.60/SF
− Vacancy
−$5.1K −$1.73/SF
EGI
$58.2K $19.87/SF
− OpEx
−$23.3K −$7.95/SF
NOI
$34.9K $11.92/SF
Area
Monroe County, PA
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,700
Cap Rate 7%
$499,071
Cap Rate 9%
$388,167
Alternative Uses
Best Use
Office B
$657.7K
$575.5K – $767.4K
NOI $46,042 @ 7.0% cap · market cap 10.37%
Second Best
Healthcare Medical
$499.1K
$436.7K – $582.3K
NOI $34,935 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$877.0K
$767.4K – $1.02M
NOI $61,389 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Explore this area
Business Placement
Demographics for 18322, PA
2,511
Population
969
Households
2.6
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
364
Density / Sq Mi
$108,642
Median Household Income
$38,606
Median Earnings
$992
Median Rent
$274,000
Median Home Value
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View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office building on busy Route 115 with a detached two-car garage, billboard presence, and interior renovation underway.
Where is this office building located?
The property is located at 2176 Route 115 Brodheadsville, PA.
What is the asking price?
The asking price for this property is $444,000.
What are key features of this property?
This property features: Commercial office building on busy Route 115 with new sidewalks and billboard presence; Highway Occupancy Permit (HOP) property; Interior in various levels of renovation, described as a blank slate ready to build to suit
