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5393 Development Park Drive, Pocono Summit, PA 18346

$6,999,000
Property Type: Com-Ind-Bus Square Footage: 54,000 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $6,999,000 List Date: 5/14/2024 Last Modified: 9/28/2024

Description

U-LOCK IT STORAGE CENTER w/415 Assorted size lockers. +10,000sf Warehouse w/28' ceilings (1) Drive in door (3) Loading Docks + (4) Rental units in strip. Seasoned Business with Long Term Tenants; Below Market Rents; Over 24.78% Return on Income.

More Information MLS# PM-115153

Address Information

Street Number: 5393 Street Name: Development Park Street Suffix: Drive City (Post Office): Pocono Summit State/Province: PA Zip Code: 18346

Listing Location Information

Current Price: $6,999,000 County: Monroe List Price: $6,999,000 Location/ Developmnt: Z Not In A Development

Property Information

Book Section: Commercial Year Built: 1988 SqFt Above Grade: 55403 Total SqFt.: 54000 AreaSource: Estimated Max Available SqFt: 10000 Max Office SqFt: 4800 Stories: 1 Total Acres: 5

Financial Information

Cnty&Muni Taxes: 11626.42 School Taxes: 44786.25 Total Taxes: 56412.68

Office Information

Listing Date: 2024-05-08 Status: Active

Useable Space

Max Contiguous SF: 55450 Maximum Available SF: 65450 Number of Levels: 1 Nmbr of Rental Units: 4

Miscellaneous

Zoning Code: Comm 1st Right of Refusal: N

Financial Info

Gross Income$: 487000 Net Income$: 120000

Property Features

Includes: Building(s) Existing Use: Commercial; Industrial Level: Grade Location: Induspk Construction: Metal Roof: Flat; Ridged; Synthetic Parking: On-site Ceiling: 10-12FT; 28-30FT Truck: Drive-in #Doors: 1-5Tail Road: Paved; Public Road Type: City-Rd Road Frontage Type: Private Road Road Surface Type: Gravel Road Responsibility: Public Maintained Road Rail Road Track: None Potential Use: Warehouse Warranty: None Exterior Amenities: Fenced Storage/Yard; Sign Loading Dock: Drive In; Tailgate; More than one Miscellaneous: ConcFlr; Dock-lev; LoadDock; Out-Stor Heating: Elec; None Cooling: None Electric: 200+ Amp Service Sewer: Septic Water Source: Well Utility Service: 50-200A Special Financing: None Showing Requirements: Call Listing Agent Occupant Type: Owner Lockbox Type: None Financing: Cash; Conventional; Exchange; Seller 1st Mtg Possession: Negotiable; Settlement
Listing Office: Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg
Last Updated: September - 28 - 2024
5393 Development Park Drive, Pocono Summit, PA 18346- MLS# PM-115153
Information deemed reliable but not guaranteed.

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