6631 Rte 191 Cresco, PA 18326-8079
- Retail space
- 10,850 SF
- 0.55 lot acres
Current Use by Public Records
- Retail space
Property Details for 6631 Rte 191
- Year built
- 1949
- Construction
- FRAME
- Lot size
- 0.55 lot acres
- Property size
- 10,850 SF
- Zone code
- MU-V
- Property type
- Retail space
- APN
- 01.11.1.13
- APU
- 111113
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $595,000
- 6.5%
- $550,000
- 7%
- $610,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $530,000
- Geo Method
- $630,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $650,000
- Mixed-Use
- $615,000
- Hospitality
- $610,000
- Educational
- $535,000
- Residential Income
- $480,000
- Energy
- $645,000
- Income-Based Land
- $500,000
- Food Service
- $585,000
Location Insight
- Map
- Local Demand
- City
- Cresco
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.2761
- Latitude
- 41.165
- CBSA code
- 20700
- CBSA name
- EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA