110 Golf DrCresco, PA 18326

Property Details for 110 Golf Dr

Year built

1902

Construction

FRAME

Lot size

0.63 AC

Property size (Sq ft)

5,392 SF

Zone code

MU-V

Property type

Turn key restaurants

APN

01.17.1.96-1

APU

1171961

Description

This exceptional commercial property located at 110 Golf Dr, Cresco, PA, presents a lucrative opportunity for a discerning buyer. The 4,200 square foot building sits on a 0.63-acre lot and houses a long-established, high-volume restaurant. The sale includes all existing restaurant equipment and contents, ensuring a seamless transition for the new owner. A significant advantage is the inclusion of an R liquor license, a valuable asset for continued operation and profitability. The property is offered at $495,000. A long-term lease is available for qualified buyers, providing stability and security. Furthermore, financing options are available for qualified individuals, making this a particularly attractive investment. The high volume of business already established provides a strong foundation for continued success. This turnkey operation offers immediate revenue potential and a significant return on investment. The property's prime location in Cresco, PA, adds to its appeal, offering easy access to a thriving customer base. This is a rare opportunity to acquire a profitable, established business with all the necessary assets in place. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,969,001

  6.5%

  $1,817,539

  7%

  $1,687,715

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,787,321

  Geo Method

  $1,775,387

• Alternative Use

  Use

  Valuation

  Residential

  $1,533,162

  Hospitality

  $1,404,368

  Educational

  $1,168,418

  Medical

  $1,208,602

  Retail

  $1,817,539

Location Insight

City

Cresco

County

Monroe

State

Pennsylvania

Latitude

41.1813

Longitude

-75.2685

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].