3827 Rte 115 Rte Blakeslee, PA 18610
This exceptional 8,033 sq ft commercial property in Blakeslee, PA, presents a lucrative investment opportunity. Situated on a prime 1.53-acre corner lot, this well-maintained building boasts a thriving restaurant (La Roma Pizzeria), a popular bar (Brick Lounge), and a separate apartment rental unit. The property also includes a valuable liquor license and a highly visible 12x24 billboard, maximizing advertising potential. Recent improvements include a new roof, a newly paved parking lot, and a new well installed in 2023, ensuring minimal maintenance needs. The property's strategic location near several Pocono communities, with easy access to Wilkes Barre and Stroudsburg, guarantees a substantial and consistent customer base. The current operation boasts a solid 10% capitalization rate, making this a highly attractive investment with strong potential for future growth. The property's zoning allows for both commercial and residential uses, offering flexibility for future development or expansion. Priced at $1,400,000, this turnkey operation is ready for a new owner to step in and continue its success.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.