951 Route 390 Cresco, PA 18326
- Retail space
- 3,520 SF
- 2.95 lot acres
Current Use by Public Records
- Retail space
Property Details for 951 Route 390
- Year built
- 1971
- Construction
- FRAME
- Lot size
- 2.95 lot acres
- Property size
- 3,520 SF
- Zone code
- MU-V
- Property type
- Retail space
- APN
- 01.112367
- APU
- 1112367
Description
This exceptional mixed-use property in Cresco, PA, presents a unique live-work opportunity. The building, situated on a 2.95-acre lot with excellent Route 390 visibility, offers 3,520 square feet of versatile space. The ground floor encompasses 2,800 square feet of retail space, perfect for a variety of businesses. A highlight is the 960-square-foot showroom, featuring attractive stone flooring, vaulted ceilings, hardwood floors, custom-built counters, and extensive shelving. Abundant natural light streams in through large front-facing windows. The space is further enhanced by ductless mini-splits for climate control and a dedicated employee bathroom. Upstairs, a fully renovated one-bedroom apartment provides comfortable living quarters. This apartment boasts a modern kitchen with new cabinets, granite countertops, and updated appliances. The property also includes a convenient one-car garage and ample on-site parking. Enjoy the serene setting with a private streamside yard and garden. This property offers a rare combination of commercial space and residential living, making it an ideal investment for entrepreneurs seeking a blend of work and personal life in a desirable location. The asking price is $389,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $265,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $260,000
- Mixed-Use
- $320,000
- Hospitality
- $275,000
- Educational
- $270,000
- Residential Income
- $330,000
- Energy
- $320,000
- Income-Based Land
- $280,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Cresco
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.2731
- Latitude
- 41.1701
- CBSA code
- 20700
- CBSA name
- EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA