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Property profile & analytics
FOR LEASE
Retail space

6631 Route 191 Cresco, PA 18326

10,850 SF 0.55 ac lot Built 1949
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-3020184
Property summary
AI-generated overview

This exceptional 2,182 square foot commercial space is ideally situated on Route 191/390 in Cresco, Pennsylvania, offering unparalleled visibility and accessibility. Located directly across from Steele's Ace Hardware, this retail space benefits from high traffic counts due to its position in a desirable corridor leading to popular destinations such as Buck Hill Falls, Skytop Lodge, and Promised Land State Park. The property is part of a mixed-use building, enjoying the synergy of neighboring businesses, including a well-established art gallery. The 0.55-acre lot provides ample space and potential for outdoor uses, subject to local regulations. The building offers excellent exposure to a consistent flow of vehicular traffic, making it an ideal location for a variety of retail businesses seeking high visibility and convenient access. This property presents a unique opportunity for businesses looking to establish a strong presence in a thriving community. The space is currently available for lease, and also available for sale. Interested parties are encouraged to inquire for further details and to explore the possibilities this prime location offers. The lease terms and sale price are available upon request.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction FRAME
Total area 10,850 SF
Lot 0.55 ac (23,958 SF)
Zoning code MU-V
APN 01.11.1.13
UPID US73-3020184
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$756k
Blend (final) Blend
$580k
Owner & transaction history
Jasmin Shah · 4 yrs held
Jasmin Shah
since 2022
Last sale
$600,000
4 recorded transactions
2022
$600,000
2008
$1.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MU-V · Cresco, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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