245 Route 903 Blakeslee, PA 18610
Commercial building with a ready-to-use sign and a recently renovated bathroom, positioned on a state highway corridor.
Property Features for 245 Route 903
General Information
- Standard status
- Active
- Size
- 1,040 SF
Listing office RE/MAX Central - Allentown (570) 417-3411
Listing date Mar 27, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
The building is located on a state highway (Rt 903) next to Rt 115, with public remarks describing heavy daily traffic. It is situated next to a new storage unit building currently being built, and the property is described as formerly associated with The Tudor Inn.
Overall, this is a straightforward storefront-style commercial building with signage in place and interior updates limited to the renovated bathroom.
Key Highlights
- Commercial building on State Highway Rt 903 next to Rt 115
- Existing sign on‑site with space to add your business name
- Bathroom renovation completed on the building
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 | $18.7k | $18.00 |
| − Vacancy | −$2.0k | −$1.89 |
| EGI | $16.8k | $16.11 |
| − OpEx | −$5.0k | −$4.83 |
| NOI | $11.7k | $11.28 |
