Versatile Commercial Building on Large
2343 Route 611 Rte Scotrun, PA 18355
2343 Route 611 Rte, Scotrun, PA, 18355
$1,100,000
For Sale
$1,100,000
8,000 SF building on 5.76 acres with ample parking.
Property Size8,020 SF
Lot Size5.76 Acres
Price / SF$137.16
Days on Market3124
Property Features for 2343 Route 611 Rte
General Information
- Standard status
- Active
- Size
- 8,020 SF
- Lot size
- 5.76 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1935
Listing Agency
Allentown
(610) 395-3334
Listed by
Bairo Real Estate
(570) 688-8147
Source
Xome
Added: Dec 28, 2017 Checked: Jul 17 at 2:16 am
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 Allentown
Investment Insights
Based on property information with market context.
This commercial building offers 8,000 square feet of space on a 5.76-acre lot. The property includes 175 parking spaces and 355 feet of frontage. Its zoning allows for various uses, including a retail plaza, professional complex, restaurant, automotive shop, or car dealership. The location is near local attractions and approximately 1.5 hours from both New York City and Philadelphia, potentially offering high profitability for any business.
Key Highlights
- 8,000 SF commercial building on a spacious 5.76 ACRE lot
- Ample parking with 175 spaces
- Boasting 355 FT of frontage
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 | $144.4k | $18.00 |
| − Vacancy | −$15.2k | −$1.89 |
| EGI | $129.2k | $16.11 |
| − OpEx | −$38.8k | −$4.83 |
| NOI | $90.4k | $11.28 |
8,020 SF · lease $18.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.80M
$1.58M – $2.10M
NOI $126,026 @ 7.0% cap · market cap 11.46%
Second Best
Specialty Retail
$1.48M
$1.30M – $1.73M
NOI $103,939 @ 7.0% cap · market cap 9.45%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $168,035 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Retail property - 8,000 SF building on 5.76 acres with ample parking.
Where is this retail property located?
The property is located at 2343 Route 611 Rte Scotrun, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8,000 SF commercial building on a spacious 5.76 ACRE lot; Ample parking with 175 spaces; Boasting 355 FT of frontage
