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5592 Route 115 9,000 SF Retail Building Blakeslee, PA 18610 $1,100,000 ($122.22/SF)
Investment Highlights
- Fully approved township & permit plans
- Boutique hotel positioning fills a gap in the market
- 2024 appraisal valuing completed project above $5m
- Shovel-ready development (no entitlement risk)
- Brand identity, strategy & marketing assets included
- Room for Expansion into Yurts/Tents/Glamping
Executive Summary
Rare opportunity to acquire a fully approved, reno-ready boutique hotel project in the Pocono Mountains. The sale includes township-approved permits, plans, a complete architectural package, and a fully developed professional boutique hotel brand with a comprehensive marketing strategy. The Blakeslee House - An Intimate Boutique Hotel / Tavern project. This is the revival of a Poconos landmark known as the 'Tobyhanna Falls House' in the early 1900's and 'McGinley's Pocono Trail Lodge' through the latter half of the 20th Century. This project has been thoughtfully repositioned to deliver a premium, experiential hotel product—addressing a clear gap in the local market where upscale boutique inventory remains limited.
Tucked in the heart of the Poconos, The Blakeslee House is a reimagined Dutch Colonial treasure, born in 1902 and to be lovingly restored to its timeless beauty. With just 14 cozy rooms and an option for additional Owner's quarters, it blends rustic charm and modern ease, where every corner whispers warmth and belonging. Thoughtfully designed, it invites guests to sink into cabin-chic comfort, experience genuine hospitality, and connect deeply to the soul of the mountains- a place where history and nature shape every moment. The first floor features a tasteful lobby and chic Tavern/Restaurant with ample seating. The property features public sewer and upside with room to expand into Glamping and other outdoor venues and events.
The Poconos remains a strong leisure destination with year-round demand driven by outdoor recreation, regional tourism investment, and proximity to NYC and Philadelphia market areas. While post-COVID rates have normalized, luxury and upscale properties continue to outperform, making this project well-positioned for long-term success. This offering allows a buyer to bypass the most time-consuming and risky phases of development and step directly into execution. All major upfront work has been completed, making this one of the most compelling boutique hotel opportunities currently available in the Pocono market.
Development Snapshot
- Estimated construction costs: $1.3M – $1.6M
- Attractive spread between total project basis and stabilized value
- Ideal for developers, owner-operators, or boutique hotel investors
What’s Included
- Approved architectural & permit plans
- The Blakeslee House brand strategy, visual identity & positioning
- Marketing and go-to-market framework
- Development work completed to date
- 2025 appraisal supporting stabilized value
Tucked in the heart of the Poconos, The Blakeslee House is a reimagined Dutch Colonial treasure, born in 1902 and to be lovingly restored to its timeless beauty. With just 14 cozy rooms and an option for additional Owner's quarters, it blends rustic charm and modern ease, where every corner whispers warmth and belonging. Thoughtfully designed, it invites guests to sink into cabin-chic comfort, experience genuine hospitality, and connect deeply to the soul of the mountains- a place where history and nature shape every moment. The first floor features a tasteful lobby and chic Tavern/Restaurant with ample seating. The property features public sewer and upside with room to expand into Glamping and other outdoor venues and events.
The Poconos remains a strong leisure destination with year-round demand driven by outdoor recreation, regional tourism investment, and proximity to NYC and Philadelphia market areas. While post-COVID rates have normalized, luxury and upscale properties continue to outperform, making this project well-positioned for long-term success. This offering allows a buyer to bypass the most time-consuming and risky phases of development and step directly into execution. All major upfront work has been completed, making this one of the most compelling boutique hotel opportunities currently available in the Pocono market.
Development Snapshot
- Estimated construction costs: $1.3M – $1.6M
- Attractive spread between total project basis and stabilized value
- Ideal for developers, owner-operators, or boutique hotel investors
What’s Included
- Approved architectural & permit plans
- The Blakeslee House brand strategy, visual identity & positioning
- Marketing and go-to-market framework
- Development work completed to date
- 2025 appraisal supporting stabilized value
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,000 SF
Building Class
C
Year Built
1902
Price
$1,100,000
Price Per SF
$122.22
Tenancy
Single
Building Height
3 Stories
Building FAR
0.04
Lot Size
5.62 AC
Zoning
C - Broad Commercial Zoning - Tobyhanna Township.
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
640’ on Route 115
Nearby Major Retailers
Property Taxes
| Parcel Number | 19.20.1.40-1 | Improvements Assessment | $317,740 (2025) |
| Land Assessment | $252,300 (2025) | Total Assessment | $570,040 (2025) |
Property Taxes
Parcel Number
19.20.1.40-1
Land Assessment
$252,300 (2025)
Improvements Assessment
$317,740 (2025)
Total Assessment
$570,040 (2025)
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5592 Route 115
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