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2487-2489 Route 6 17,500 SF 100% Leased Retail Building Hawley, PA 18428 $3,999,999 ($228.57/SF) 8% Cap Rate



INVESTMENT HIGHLIGHTS
- Heavy Traffic
- 7-Unit Commercial Building: 100% occupancy
- Boutique Motel set up as a STR
EXECUTIVE SUMMARY
Iconic property for sale on Historic Route 6 with 400+ ft of lake frontage! Boutique 12-unit STR motel, 7-unit commercial rental building, 2,500 SF luxury apartment, tour boat, charter & boat rental operation (pontoons, kayaks & stand-up paddle boards), gift shop, 44 boat slips, undeveloped mountain with amazing lake views, and directly bordering 2,000 acres of state game land. Building 1 - Gresham's Landing: passive income with the 10,000 SF multi-use building that includes 7 units, 41 parking spots, and a 2,500 SF luxury apartment rental - building is fully occupied. Building 2 - East Shore Lodging: 12-unit boutique motel set up as a STR with contactless check-in and keyless entry. The building also includes a gift shop and booking center for the water operation. The waterfront operation is located across the street on 2 boat docks and includes 2 tour boats, 1 charter, 8 pontoon rentals, 14 kayaks, 10 stand-up paddle boards, and 2 kayak racks. Infrastructure includes a highway occupancy permit, state-permitted crosswalk, wireless camera system, solar panels that power the office, 2 wells, and 2 newly topped septic beds (July/August 2025). Sale includes 2 buildings, shed, watercraft & equipment, docks, Kubota, room furniture (list can be provided). Property is located across from the Observation Dike, Lake Wallenpaupack Nature Trail, and the Visitors Center - centrally located for Wally Lake Fest, Hawley Winterfest, and the 4th of July Fireworks!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
17,500 SF
Building Class
C
Year Built
1985
Price
$3,999,999
Price Per SF
$228.57
Cap Rate
8%
NOI
$320,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
12.00 AC
Zoning
C - Commercial
Parking
85 Spaces (4.86 Spaces per 1,000 SF Leased)
Frontage
430’ on US-6
AMENITIES
- Waterfront
PROPERTY TAXES
| Parcel Number | 112391 | Improvements Assessment | $81,390 |
| Land Assessment | $36,590 | Total Assessment | $117,980 |
PROPERTY TAXES
Parcel Number
112391
Land Assessment
$36,590
Improvements Assessment
$81,390
Total Assessment
$117,980
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2487-2489 Route 6
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