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Live-Work Building with Courtyard
For Sale
$390,000

6588 Pennsylvania 191, Cresco, PA 18326

COMMERCIAL - Cresco, PA

Property Size2,886 SF
Lot Size0.25 Acres
Price / SF$135.14
Days on Market134

Property Features for 6588 Pennsylvania 191

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mix Use
Zoning description Commercial
Rooms Basement
Parking 8
Basement Partial, Walk-Out Access, Dirt Floor, Unfinished
Lot features Flag Lot, Front Yard, Cleared
Elementary school district Pocono Mountain
Middle school district Pocono Mountain
High school district Pocono Mountain
Subdivision Barrett Township
Standard status Active
APN 01.12.1.49-2
Size 2,886 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8842

Utilities

Utilities Propane
Heating system Baseboard, Propane Stove, Propane (Heating)
Water source Well

Amenities

courtyard

Building Details

Year built 1940
Floors in Building 1
Flooring type Laminate, Wood
Building materials Block, Concrete, Frame
Roof type Shingle, Asphalt
Listing Agency: KW Commercial - Tannersville
Listed By: Ricardo Garcia
Added: Mar 25 Changed: Aug 4 Last Checked: Aug 5 at 11:06AM
MLS# PM-139777

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 live-work building is set up for mixed-use occupancy and rental income. The right side is described as providing rental income, while the left side offers an open 2,200 SF space with a courtyard in the middle. The property is on a 0.25-acre lot and was built in 1940.

The building has a mix of construction materials including block, concrete, and frame, with wood and laminate flooring. Heating is provided by propane, including baseboard and a propane stove. The property includes a well water source and propane utilities.

The zoning is listed as Mix Use, supporting flexible residential and commercial-style use arrangements for an owner-user or investor. The roof is described as asphalt shingles, and the property includes a basement.

Key Highlights

  • 0.25‑acre lot
  • Open 2,200 SF space on left with courtyard in the middle
  • Rental income on right side

Financial Insights For Mixed Use

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 $62.3k $21.60
− Vacancy −$7.5k −$2.59
EGI $54.9k $19.01
− OpEx −$20.6k −$7.13
NOI $34.3k $11.88
2,886 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use
Office B
$647.9K
$566.9K – $755.9K (±1% cap)
NOI $45,351 @ 7.0% cap · market cap 11.63%
Second Best
Mixed Use
$489.8K
$428.6K – $571.4K (±1% cap)
NOI $34,286 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$863.8K
$755.8K – $1.01M (±1% cap)
NOI $60,467 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Live-work space

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 18326, PA

4,291
Population
1,914
Households
2.2
Avg Household Size
48
Median Age
22%
College-Educated
97%
High-School Grad
33.4 sq mi
ZIP Area
128
Density / Sq Mi
$76,827
Median Household Income
$34,911
Median Earnings
$945
Median Rent
$244,300
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Live-work building on Pennsylvania Route 191 featuring rental income on one side and an open 2,200 SF space with a courtyard.
Where is this live-work space located?
The property is located at 6588 Pennsylvania 191 Cresco, PA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 0.25‑acre lot; Open 2,200 SF space on left with courtyard in the middle; Rental income on right side
More about this property
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