137 Erin Lane, Brodheadsville, PA 18322
$3,300,000
Property Type:
Com-Ind-Bus
Square Footage:
35,693
Lot Size (sq. ft.):
555,826
Status:
Active
Current Price:
$3,300,000
List Date:
8/10/2024
Last Modified:
9/28/2024
Description
Commercially Dominated Brodheadsville Location Featuring 35,693 Square Feet Unanchored Strip Center With 7 Units, 140 Parking Spaces, Multiple Load Zones & 12.76 Acres Leaving Room For Expansion. Set Back At 3-Way Traffic Light Intersecting Major Routes 209 & 115 Accommodating Approximately 17,000 Vehicles Per Day. Recent Growth Includes A St Luke's Medical Center. Situated In Chestnuthill Townships' General Commercial(GC) District Adjoining The Village Commercial(VC) District Located Approximately 5 Miles From Route 33, 11 Miles To Stroudsburg, 22 To Allentown & 75 Miles To New York & Philadelphia Metropolitan Areas. New Rubber Roof And Front Facade Being Replaced.Current 6.9% Cap Rate With 5 Out Of 7 Units Occupied Providing Room For Immediate Increase In Your ROI.
More Information MLS# PM-117750
Address Information
Street Number: 137
Street Name: Erin
Street Suffix: Lane
City (Post Office): Brodheadsville
State/Province: PA
Zip Code: 18322
Listing Location Information
Current Price: $3,300,000
County: Monroe
List Price: $3,300,000
Location/ Developmnt: Z Not In A Development
Property Information
Book Section: Commercial
Year Built: 1979
SqFt Above Grade: 35693
Total SqFt.: 35693
AreaSource: Public Records
Max Available SqFt: 35693
Lot/Land Dimensions: Includes Two Parcels
Stories: 1
Total Acres: 12.76
Financial Information
Cnty&Muni Taxes: 9220.74
School Taxes: 35247.4
Total Taxes: 44468.14
Office Information
Listing Date: 2024-08-10
Status: Active
Useable Space
Max Contiguous SF: 35693
Maximum Available SF: 35693
Number of Levels: 1
Number of Buildings: 1
Nmbr of Rental Units: 7
Investment Consdr
CAP Rate: 7.63
Traffic Count: 17000
Miscellaneous
Current Use: 7 Units
Zoning Code: GC
1st Right of Refusal: N
Financial Info
Gross Income$: 281400
Net Income$: 227632
Property Features
Includes: Building(s)
Also Includes: Fixtures
Existing Use: Commercial
Level: Single
Location: Corp-Ctr; FreeStnd; Inside; Shop-ctr
Construction: Brick; Masonry
Roof: Flat; See Remarks
Parking: On-site
Ceiling: 10-12FT; 22-24FT
#Doors: 11+Grade
Road: Paved; Public
Road Type: City-Rd; US-hwy
Road Frontage Type: City Street
Road Surface Type: Blk-top
Road Responsibility: Public Maintained Road
Rail Road Track: None
Potential Use: Auto Service; Beauty/Barber Shop; Building Trades; Business Service; Carwash; Convenience Store; Food Boutique; Gift Shop; Grocery; Hotel/Motel; Laundry; Medical; Minimart; Office/Professional; Professional Service; Restaurant; Retirement/Nursing H; Retail; School Care; Shop-center; Warehouse; Wholesale; Food Service; Floral Service; Recreation; Storage
Warranty: None
Exterior Amenities: Pub Transport Nearby; Sign
Lease Includes: Parking
Loading Dock: Drive In
Miscellaneous: Dlvydoor; Dock-lev; Dsplywin; Expandable; Fncd-Str; In-stor; LoadDock; Sec-Sys
Heating: Ductless; Elec
Cooling: Ductless; Wall/Window Unit(s)
Electric: 200+ Amp Service; Circuit Breakers
Sewer: Septic
Water Source: Well
Lease Terms: Longterm
Showing Requirements: Showing Service
Occupant Type: Tenant
Financing: Cash; Conventional
Possession: Negotiable; Settlement
Documents: Plot Plan
Listing Office: Keller Williams Real Estate - Stroudsburg
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.