Boutique Hotel Project in
For Sale
$1,100,000
5592 Route 115, Blakeslee, PA 18610
COMMERCIAL - Blakeslee, PA
Property Size9,000 SF
Lot Size5.62 Acres
Price / SF$122.22
Days on Market164
Property Features for 5592 Route 115
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Tobyhanna Township
Standard status
Active
APN
19.20.1.40-1
Size
9,000 SF
Lot size
5.62 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17800
Building Details
Year built
1902
Floors in Building
2
Listing Agency:
TACM Commercial Realty Inc.
(570) 801-6170
Listed By:
Daniel Lichty · License #RS323839
(570) 801-6170
Added: Feb 17
Changed: May 9
Last Checked: Jul 31 at 7:06PM
MLS# PM-139294
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 is a rare opportunity to acquire a fully approved boutique hotel project ready for renovation in the Pocono Mountains. The sale includes township-approved permits, plans, a complete architectural package, and a fully developed professional boutique hotel brand with a comprehensive marketing strategy. Known historically as the 'Tobyhanna Falls House' and 'McGinley's Pocono Trail Lodge', the project has been thoughtfully repositioned to deliver a premium, experiential hotel product. The Blakeslee House is a reimagined Dutch Colonial building, to be lovingly restored to its timeless beauty. It will feature 14 cozy rooms with an option for additional Owner's quarters, blending rustic charm and modern ease. The first floor features a tasteful lobby and chic Tavern/Restaurant with ample seating. The property features public sewer and room to expand into Glamping and other outdoor venues and events. The Poconos remains a strong leisure destination with year-round demand driven by outdoor recreation, regional tourism investment, and proximity to NYC and Philadelphia market areas. The 5.62-acre property is well-positioned for long-term success. This offering allows a buyer to bypass the most time-consuming and risky phases of development and step directly into execution. The 9,000 square foot property is located in Blakeslee, PA. All major upfront work has been completed, making this one of the most compelling boutique hotel opportunities currently available in the Pocono market. A 2025 appraisal supports stabilized value.
Key Highlights
- Fully approved boutique hotel project with permits and plans included for immediate execution.
- Complete boutique hotel brand ('The Blakeslee House') with marketing strategy.
- Strong potential for high performance in the Poconos market.
Financial Insights For Hotel Hospitality
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 | $162.0k | $18.00 |
| − Vacancy | −$16.2k | −$1.80 |
| EGI | $145.8k | $16.20 |
| − OpEx | −$76.5k | −$8.51 |
| NOI | $69.3k | $7.69 |
9,000 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$989.4K
$865.7K – $1.15M
NOI $69,255 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,568 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 18610, PA
4,810
Population
2,117
Households
2.3
Avg Household Size
45
Median Age
27%
College-Educated
89%
High-School Grad
33.1 sq mi
ZIP Area
145
Density / Sq Mi
$64,875
Median Household Income
$32,467
Median Earnings
$1,491
Median Rent
$222,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Approved boutique hotel project with permits and architectural plans included.
Where is this hotel located?
The property is located at 5592 Route 115 Blakeslee, 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: Fully approved boutique hotel project with permits and plans included for immediate execution.; Complete boutique hotel brand ('The Blakeslee House') with marketing strategy.; Strong potential for high performance in the Poconos market.
