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Professional Office Building

2647 Pennsylvania 940, Pocono Summit, PA 18346

For Sale
New
$399,000

Commercial Sale, Pocono Summit, PA

Property Size1,350 SF
Lot Size0.45 Acres
Price / SF$295.56
Days on Market2

Property Features for 2647 Pennsylvania 940

General Information

Property type Commercial Sale
Property subtype Other
Zoning C1
Parking 8
Parking features Parking Lot, Driveway
Security features Security System
Exterior features Private Entrance, Private Yard
Lot features Back Yard, Rectangular Lot, Private, Not In Development, Level, Near General Business, Cleared
Elementary school district Pocono Mountain
Middle school district Pocono Mountain
High school district Pocono Mountain
Directions From Scranton, I 380 S to Exit 3, Make right at stop sing. Proceed 1/4 mile. Property on right. See Allstate sign.
Special listing conditions Real Estate Owned, In Foreclosure
Standard status Active
APN 19634504529195
Size 1,350 SF
Lot size 0.45 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4265

Utilities

Sewer type Private Sewer, Mound Septic
Heating system Baseboard, Electric (Heating), Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1987
Floors in Building 1
Number of units 1
Flooring type Combination, Vinyl, Carpet, Simulated wood
Building materials Log Siding, Wood Siding
Roof type Shingle
Buildings 1
Listing Agency: Classic Properties Kingston
Listed By: Ellen Rudis · License PA AB066828
Added: Nov 11 Last Checked: Nov 12 at 6:06PM
MLS# SC265709

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,350-square-foot office building occupies a 0.45-acre parcel at 2647 Pennsylvania 940 in Pocono Summit. Constructed in 1987, it has a private entrance, private yard, and parking lot with a driveway. Interior flooring includes carpet, vinyl, and simulated wood. The building has central air conditioning and electric heating, with baseboard and forced-air systems listed. Exterior materials include log and wood siding, and the roof is shingle.

The property is zoned C1 and fronts Pennsylvania 940. Water is supplied by a well; wastewater service is identified as mound septic and private sewer.

Key Highlights

  • 1,350‑square‑foot office building on 0.45 acres
  • Built in 1987; zoned C1
  • Located at 2647 Pennsylvania 940 in Pocono Summit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,214
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,280 $424.3K
Cap Rate 7%
$303,057 $303.1K
Cap Rate 9%
$235,711 $235.7K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$32.4K $24.00/SF
− Vacancy
−$4.1K −$3.05/SF
EGI
$28.3K $20.95/SF
− OpEx
−$7.1K −$5.24/SF
NOI
$21.2K $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 Rate 5%
$424,280
Cap Rate 7%
$303,057
Cap Rate 9%
$235,711

Alternative Uses

Best Use
Office B
$303.1K
$265.2K – $353.6K (±1% cap)
NOI $21,214 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$404.1K
$353.6K – $471.4K (±1% cap)
NOI $28,285 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 18346, PA

2,711
Population
1,371
Households
2
Avg Household Size
43
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
151
Density / Sq Mi
$53,981
Median Household Income
$37,451
Median Earnings
$875
Median Rent
$182,900
Median Home Value

Market

Average Price Trend$/SF for Office buildings in Monroe County, PA

$130 Jul
$144 Aug
$127 Sep
$134 Oct

Properties on Market for Office buildings in Monroe County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - A private entrance, central air, and on-site parking support a compact office configuration.
Where is this office building located?
The property is located at 2647 Pennsylvania 940 Pocono Summit, 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: 1,350‑square‑foot office building on 0.45 acres; Built in 1987; zoned C1; Located at 2647 Pennsylvania 940 in Pocono Summit
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