1586 Rt 507 Greentown, PA 18426
This exceptional commercial property, situated at 1586 Rt 507 in Greentown, Pennsylvania, presents a unique investment opportunity. Spanning 3.27 acres, the property boasts a substantial 26,148 square foot building, strategically located just 1.5 miles from Interstate 84's Exit 20, ensuring excellent accessibility and visibility. The building's versatile layout offers a diverse range of spaces to suit various business needs. The ground floor comprises a 5,490 square foot retail area, a 3,860 square foot former bank space, and over 7,000 square feet of warehouse space. The warehouse features impressive 19-foot high ceilings, a convenient loading dock, and a second drive-in entrance with a 14' x 14' door. Upstairs, the second floor provides 1,110 square feet of office space and an additional 7,600 square feet of storage space with 10-foot ceilings. Ample paved parking is available, and the property benefits from access via three different public roads. The absence of zoning restrictions in this township opens up a wide array of potential uses and allows for future expansion. This property is an excellent choice for businesses seeking a prominent location in the Northern Poconos region. The asking price is $975,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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