3827 Rte 115 Rte Blakeslee, PA 18610
- Commercial real estate
- 8,033 SF
- 1.53 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3827 Rte 115 Rte
- Year built
- 1983
- Lot size
- 1.53 lot acres
- Property size
- 8,033 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blakeslee
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.4777
- Latitude
- 41.0095
