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Office Building with Multiple Units

928 Route 940 Pocono Lake, PA 18347

928 Route 940, Pocono Lake, PA, 18347
$652,500
For Sale
Claim this Listing
$652,500

Multi-unit office property for sale along Route 940 in Monroe County, PA.

Property Size3,640 SF
Price / SF$179.26
AddedMay 13
Days on Market64
Last RefreshJul 15 at 1:53 am

Property Features for 928 Route 940

General Information

Standard status
Active
Size
3,640 SF

Building Details

Year Built
1974

Listing office Jeffrey L Rickert

Listing date May 13, 2026

Source Evrealestate

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 Jeffrey L Rickert


Investment Insights

Based on property information with market context.

This for-sale commercial property consists of office units and office space totaling 3,640 square feet. It offers a multi-unit configuration suited for office tenants seeking separate spaces within the same building.

The property is located at 928 Route 940 in Pocono Lake, Pennsylvania, in Monroe County. Directions are provided from I-80 W via Route 115 N to Route 940 E, with the property noted as 2.9 miles on the right.

The listing is presented as an office-focused asset, with the configuration primarily defined by its multiple office units and the overall building size.

Key Highlights

  • Multi‑unit office property for sale along Route 940 in Monroe County, PA
  • Central air and ceiling fans
  • Forced air heating with electric heat

Local Financial Insights For Office B

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 $87.4k $24.00
− Vacancy −$11.1k −$3.05
EGI $76.3k $20.95
− OpEx −$19.1k −$5.24
NOI $57.2k $15.71
3,640 SF · lease $24.00/SF/yr · vacancy 12.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$817.1K
$715.0K – $953.3K (±1% cap)
NOI $57,199 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$953.3K – $1.27M (±1% cap)
NOI $76,265 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Locksmith Auto Repair Shop Garden Center Catering Service Computer & Electronic Repair Barber Shop Tanning Salon Hair Salon Nail Salon Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Multi-unit office property for sale along Route 940 in Monroe County, PA.
Where is this office units located?
The property is located at 928 Route 940 Pocono Lake, PA.
What is the asking price?
The asking price for this property is $652,500.
What are key features of this property?
This property features: Multi‑unit office property for sale along Route 940 in Monroe County, PA; Central air and ceiling fans; Forced air heating with electric heat
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