Motel and Restaurant
For Sale
$1,000,000
995 State Route 940, White Haven, PA 18661
COMMERCIAL - White Haven, PA
Property Size3,000 SF
Lot Size3.31 Acres
Price / SF$333.33
Days on Market110
Property Features for 995 State Route 940
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Kidder Township
Standard status
Active
APN
45-20-A2.01
Size
3,000 SF
Lot size
3.31 Acres
Taxes and HOA fees
Tax Annual Amount
5026
Utilities
Heating system
Electric (Heating)
Water source
Well
Building Details
Year built
1976
Floors in Building
1
Roof type
Asphalt
Listing Agency:
USA Realty
(570) 517-2428
Listed By:
Michael Feite Jr · License #RS322600
(570) 517-2428
Added: May 14
Changed: Aug 4
Last Checked: Aug 31 at 10:06PM
MLS# PM-141294
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 hospitality property features 12 total units, with 9 rental units currently used for long-term rental motel operations. Month-to-month leases are being offered, and the property is generating approximately $100,000 in annual revenue. In addition, there is an additional vacant restaurant on-site.
The property provides commercial frontage on a busy road and is located just off the Pennsylvania Turnpike on Route 940 in White Haven, Pennsylvania. The remarks note proximity to the Jack Frost and Big Boulder ski areas, Jack Frost National Golf, Pocono Raceway, and Lake Harmony, within a stated tourist region of about 25,000,000 visitors per year.
For sale as a confidential transaction, showings require pre-qualification and coordination with the listing agent.
The property provides commercial frontage on a busy road and is located just off the Pennsylvania Turnpike on Route 940 in White Haven, Pennsylvania. The remarks note proximity to the Jack Frost and Big Boulder ski areas, Jack Frost National Golf, Pocono Raceway, and Lake Harmony, within a stated tourist region of about 25,000,000 visitors per year.
For sale as a confidential transaction, showings require pre-qualification and coordination with the listing agent.
Key Highlights
- 12 total units with 9 rental units used for long‑term rental motel
- Month‑to‑month leases currently offered with approximately $100k in annual revenue
- Additional vacant restaurant on the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,501
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$790,020
$790.0K
Cap Rate 7%
$564,300
$564.3K
Cap Rate 9%
$438,900
$438.9K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$99.0K $33.00/SF
− Vacancy
−$15.8K −$5.28/SF
EGI
$83.2K $27.72/SF
− OpEx
−$43.7K −$14.55/SF
NOI
$39.5K $13.17/SF
Area
Luzerne County, PA
Vacancy
16.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$790,020
Cap Rate 7%
$564,300
Cap Rate 9%
$438,900
Alternative Uses
Best Use
Hotel Hospitality
$564.3K
$493.8K – $658.4K
NOI $39,501 @ 7.0% cap · market cap 3.95%
Second Best
Specialty Retail
$461.9K
$404.2K – $538.9K
NOI $32,333 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$950.4K
$831.6K – $1.11M
NOI $66,528 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 18661, PA
5,611
Population
3,644
Households
1.5
Avg Household Size
52
Median Age
21%
College-Educated
96%
High-School Grad
121.2 sq mi
ZIP Area
46
Density / Sq Mi
$68,795
Median Household Income
$42,500
Median Earnings
$1,231
Median Rent
$182,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Country Place Inn and Suites — 942 PA-940, White Haven, PA 18661
- Econo Lodge Inn & Suites Lake Harmony - Pocono Mountains Area — 981 PA-940, White Haven, PA 18661
Frequently Asked Questions
What type of property is this?
Motel - Property includes 12 total units, with 9 long-term rental units operating on month-to-month leases, plus a vacant restaurant.
Where is this motel located?
The property is located at 995 State Route 940 White Haven, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 12 total units with 9 rental units used for long‑term rental motel; Month‑to‑month leases currently offered with approximately $100k in annual revenue; Additional vacant restaurant on the property
