Property profile

108 Scenic Dr Kunkletown, PA 18058

OFF-MARKET
Commercial real estate
Property ID
US73-3606912
6,780 SF 1.31 ac lot Built 1902
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property in Kunkletown, PA, presents a unique investment opportunity. Situated on a 1.31-acre lot at the high-traffic intersection of Route 209 and Route 534, this property boasts over 300 feet of stream frontage on Middle Creek. The main structure is a renovated historic gristmill, offering approximately 10,347 square feet of space across three buildings. The buildings feature large, open floor plans with exposed barn beams and high ceilings, providing ample space for a variety of commercial uses. The property includes a paved parking lot with ten spaces, and a PennDOT HOP is already in place. The previous tenant operated a power sports sales and repair shop and office, utilizing the space effectively. The village commercial zoning allows for many permitted commercial uses, making this a versatile location for a wide range of businesses. High visibility and a prominent corner location with a traffic signal ensure maximum exposure for your business. This "can't miss" location is ideal for an end-user seeking a unique and well-positioned property. The property's combination of historic charm, modern amenities, and prime location makes it an exceptional opportunity for a discerning buyer.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1902
Construction FRAME
Total area 6,780 SF
Lot 1.31 ac (57,064 SF)
Zoning code R-3
APN 13.6.1.51
UPID US73-3606912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

108 Scenic Dr Kunkletown, PA 18058-7925
Kunkletown metro Census 301304 EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2004
1 recorded transaction
2004
$225,000

Zoning & alternative use

R-3 · Kunkletown, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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