Two-Bay Auto Repair
New
For Sale
$709,900
Stroudsburg, PA 18360, Stroudsburg, PA 18360
Commercial Sale, Stroudsburg, PA
Property Size3,000 SF
Lot Size0.15 Acres
Price / SF$236.63
Days on Market7
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1- Commercial
Zoning description
Commercial
Basement
Partial
Elementary school district
Stroudsburg Area
Middle school district
Stroudsburg Area
High school district
Stroudsburg Area
Subdivision
Stroudsburg Borough
Standard status
Active
Size
3,000 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9199
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Metal, Shingle
Listing Agency:
Meisse Real Estate
(570) 801-7050
Listed By:
Paul Gibson · License #RS340695
(570) 801-7050
Added: Aug 23
Changed: Aug 26
Last Checked: Aug 29 at 5:06AM
MLS# PM-144231
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 3,000-square-foot auto repair property includes a two-bay garage capable of servicing three vehicles, along with a separate single-bay area for small-engine work. The sale includes the operating equipment and an established client base. The building has block construction, concrete flooring, natural-gas forced-air heat, window-unit cooling, and public water and sewer. Roofing includes metal and shingle components, with newer asphalt roofing on the front section and metal roofing at the rear.
Located in Stroudsburg, the property sits along a heavily traveled road with reported traffic exceeding 15,000 vehicles per day. The auto and small-engine repair business has served the community for more than 11 years. Built in 1930 and situated on 0.15 acres, the property carries C-1 commercial zoning.
Located in Stroudsburg, the property sits along a heavily traveled road with reported traffic exceeding 15,000 vehicles per day. The auto and small-engine repair business has served the community for more than 11 years. Built in 1930 and situated on 0.15 acres, the property carries C-1 commercial zoning.
Key Highlights
- 3,000‑square‑foot building on a 0.15‑acre parcel
- Two‑bay auto garage servicing 3 vehicles plus a single‑bay small‑engine repair area
- More than 15,000 vehicles per day on the surrounding road
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
$33,831
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
4.77%
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%
$676,620
$676.6K
Cap Rate 7%
$483,300
$483.3K
Cap Rate 9%
$375,900
$375.9K
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
$54.0K $18.00/SF
− Vacancy
−$5.7K −$1.89/SF
EGI
$48.3K $16.11/SF
− OpEx
−$14.5K −$4.83/SF
NOI
$33.8K $11.28/SF
Area
Monroe County, PA
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$676,620
Cap Rate 7%
$483,300
Cap Rate 9%
$375,900
Alternative Uses
Best Use
Retail
$483.3K
$422.9K – $563.9K
NOI $33,831 @ 7.0% cap · market cap 4.77%
Second Best
Industrial
$250.1K
$218.8K – $291.8K
NOI $17,505 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$897.9K
$785.7K – $1.05M
NOI $62,856 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Service bays
15,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 18360, PA
29,079
Population
12,743
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
86.5 sq mi
ZIP Area
336
Density / Sq Mi
$69,413
Median Household Income
$41,592
Median Earnings
$1,314
Median Rent
$286,200
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.
Frequently Asked Questions
What type of property is this?
Auto shop - C-1 commercial property with auto and small-engine repair equipment included.
Where is this auto shop located?
The property is located at Stroudsburg, PA.
What is the asking price?
The asking price for this property is $709,900.
What are key features of this property?
This property features: 3,000‑square‑foot building on a 0.15‑acre parcel; Two‑bay auto garage servicing 3 vehicles plus a single‑bay small‑engine repair area; More than 15,000 vehicles per day on the surrounding road
