Mixed-Use Property with
For Sale
$390,000
6588 Route 191, Cresco, PA 18326
A rental-income component sits alongside open commercial space in a flexible mixed-use configuration.
Property Size2,886 SF
Price / SF$135.14
Days on Market221
Property Features for 6588 Route 191
General Information
Standard status
Active
Size
2,886 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,841
Amenities
courtyard
Listing Agency:
Keller Williams Real Estate - Tannersville
(570) 730-4774
Listed By:
Ricardo Garcia
(570) 460-5351
Source:
Exprealty
Added: Mar 25
Changed: Oct 31
Last Checked: Oct 31 at 3:29AM
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 Keller Williams Real Estate - Tannersville
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Investment Insights
Based on property information with market context.
This mixed-use property combines an existing rental-income component on one side with 2,200 square feet of open space on the other. A courtyard occupies the center of the layout, connecting the two sides of the property. The overall property size is 2,886 square feet.
The property is located on Route 191 in Cresco, within the Pocono region. Its configuration brings commercial space and rental use together at one address.
The property is located on Route 191 in Cresco, within the Pocono region. Its configuration brings commercial space and rental use together at one address.
Key Highlights
- 2,200 square feet of open space
- Rental‑income component
- Courtyard between the commercial and rental areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,286
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,720
$685.7K
Cap Rate 7%
$489,800
$489.8K
Cap Rate 9%
$380,956
$381.0K
Market Conditions
NOI Build-Up for 2,886 SF
Gross rent
$62.3K $21.60/SF
− Vacancy
−$7.5K −$2.59/SF
EGI
$54.9K $19.01/SF
− OpEx
−$20.6K −$7.13/SF
NOI
$34.3K $11.88/SF
Area
Monroe County, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,720
Cap Rate 7%
$489,800
Cap Rate 9%
$380,956
Alternative Uses
Best Use
Mixed Use
$489.8K
$428.6K – $571.4K
NOI $34,286 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$863.8K
$755.8K – $1.01M
NOI $60,467 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A rental-income component sits alongside open commercial space in a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 6588 Route 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: 2,200 square feet of open space; Rental‑income component; Courtyard between the commercial and rental areas
