Mixed-Use Dry Cleaner and Residence

229 S Robinson Avenue Pen Argyl, PA 18072

Claim this Listing
New
For Sale
$399,000

COMMERCIAL - Pen Argyl, PA

Property size:
3,132 SF
Lot size:
0.06 Acres
Price / SF:
$127/SF
Added:
Jul 8, 2026
Days on Market:
4
Last Refresh:
Jul 11 at 1:06 am

Property Features for 229 S Robinson Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
GB - Commercial
Parking
2
Standard status
Active
APN
5665-04-8287-8023
Size
3,132 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
Block: 49 /Lot: 4
Tax Annual Amount
3362

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
Water source
Public

Building Details

Year built
1900
Floors in Building
2

Listing agent Jace Tutty

Listing office SER Commercial Real Estate, LLC 215 Independence Rd, East Stroudsburg, PA

Listing date Jul 8, 2026

MLS# PM-142880

Copyright © 2026 Pocono Mountains Association of Realtors. 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 turn-key offering includes an established dry cleaning business, “On The Spot Dry Cleaners,” along with the real estate. The property features a mixed-use building with the operating business on the first floor and a spacious three-bedroom apartment on the second level.

The building is zoned GB - General Business Commercial. Showings are available to qualified buyers by appointment only.

With a business component below and residential space above, the property provides a live/work setup or rental opportunity within the same building.

Key Highlights

  • 3,100 SF mixed‑use building with dry cleaning business on the first floor and a 3‑bedroom apartment on the second level
  • On The Spot Dry Cleaners operating business included; served the region for more than 20 years
  • Zoned GB - General Business Commercial

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $37.6k $12.00
− Vacancy −$2.9k −$0.94
EGI $34.7k $11.06
− OpEx −$10.4k −$3.32
NOI $24.3k $7.74
3,132 SF · lease $12.00/SF/yr · vacancy 7.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$346.5K
$303.2K – $404.3K (±1% cap)
NOI $24,257 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$272.3K
$238.2K – $317.7K (±1% cap)
NOI $19,059 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$594.0K
$519.8K – $693.1K (±1% cap)
NOI $41,583 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

On the Spot Dry Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center HVAC Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Turn-key mixed-use building with an operating dry cleaning business on the first floor and a three-bedroom apartment above.
Where is this storefront property located?
The property is located at 229 S Robinson Avenue Pen Argyl, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,100 SF mixed‑use building with dry cleaning business on the first floor and a 3‑bedroom apartment on the second level; On The Spot Dry Cleaners operating business included; served the region for more than 20 years; Zoned GB - General Business Commercial
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