Log In/Sign Up
Your email has been sent.
2889 PA-611 15,214 SF 100% Leased Retail Building Tannersville, PA 18372 $2,450,000 ($161.04/SF) 6.35% Cap Rate
Investment Highlights
- Fully Leased Income-Generating Property
- 2 Truck Loading Docks
- 12,579 Daily Traffic Count along Route 611
- Seconds from I-80 access ramps and 3 major Resorts
Executive Summary
15,214 total square feet of Commercial space fully leased. Property includes two separate buildings generating a total monthly income of $12,973.85 and operating on NNN lease expiring March of 2027. Property is currently being utilized and operating as successful retail wholesale businesses! Additional small storage shed on-site near rear of lot. Top location! Seconds from the I-80 E/W access ramps and the Premium Shopping Outlets in Tannersville! Camelback Resort and Great Wolf Lodge are both located within a five minute drive and Kalahari is within a ten minute drive from this well maintained Commercial site. 1.54 Acre lot with 303 total square feet of road frontage along highly traveled Route 611 with a Daily Traffic Count of 12,579! The exterior and interior of this Commercial property provide an open, spacious plot and floor plan allowing for endless possibilities! Public Water and Sewer. Large, vertical signs included to showcase your businesses!! Real Estate marketed and listed EXCLUSIVELY! Businesses NOT For Sale!
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
15,214 SF
Building Class
C
Year Built/Renovated
1964/2006
Price
$2,450,000
Price Per SF
$161.04
Cap Rate
6.35%
NOI
$155,686
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.22
Lot Size
1.57 AC
Zoning
Commercial - Commercial
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12.8.1.35-3 | Improvements Assessment | $554,100 |
| Land Assessment | $116,690 | Total Assessment | $670,790 |
Property Taxes
Parcel Number
12.8.1.35-3
Land Assessment
$116,690
Improvements Assessment
$554,100
Total Assessment
$670,790
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2889 PA-611
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.