Current Use by Public Records
- Commercial real estate
Property Details for 674 Q-1
- Year built
- 1988
- Lot size
- 120.55 lot acres
- Property type
- Commercial real estate
Description
This exceptional 20,762 square foot commercial space, located at 674 Route 196, Unit 1 (Q-1), Tobyhanna, PA, presents a lucrative opportunity for discerning businesses. Situated within the 65,000 square foot Carriage Square shopping center, a 16-unit complex, this property benefits from a strong anchor tenant, Rite Aid, and a diverse mix of established businesses including Family Dollar, H&R Block, Subway, a pizzeria, tobacco store, hair salon, and Chinese restaurant. The property enjoys excellent visibility at a well-lit intersection, surrounded by the substantial Pocono Farms residential development, ensuring a consistent flow of potential customers. The strategic location, just three miles from the major five-point intersection of State Routes 611, 940, and 196, provides easy access and high traffic volume. With a current traffic count of 5,751 ADT along State Route 196, this property offers unparalleled exposure and potential for significant growth. The expansive 120.55-acre lot provides ample space and opportunity for future development or expansion. This is an exceptional opportunity to establish or expand your business in a thriving Pocono Mountains community. The asking price is $10 million. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tobyhanna
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.3589
- Latitude
- 41.1707
