6631 Route 191Cresco, PA 18326

Property Details for 6631 Route 191

Year built

1949

Construction

FRAME

Lot size

0.55 AC

Property size (Sq ft)

10,850 SF

Zone code

MU-V

Property type

Retail properties

Property subtype

Retail space

APN

01.11.1.13

APU

111113

Description

This exceptional 2,182 square foot commercial space is ideally situated on Route 191/390 in Cresco, Pennsylvania, offering unparalleled visibility and accessibility. Located directly across from Steele's Ace Hardware, this retail space benefits from high traffic counts due to its position in a desirable corridor leading to popular destinations such as Buck Hill Falls, Skytop Lodge, and Promised Land State Park. The property is part of a mixed-use building, enjoying the synergy of neighboring businesses, including a well-established art gallery. The 0.55-acre lot provides ample space and potential for outdoor uses, subject to local regulations. The building offers excellent exposure to a consistent flow of vehicular traffic, making it an ideal location for a variety of retail businesses seeking high visibility and convenient access. This property presents a unique opportunity for businesses looking to establish a strong presence in a thriving community. The space is currently available for lease, and also available for sale. Interested parties are encouraged to inquire for further details and to explore the possibilities this prime location offers. The lease terms and sale price are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $3,962,103

  6.5%

  $3,657,326

  7%

  $3,396,088

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,596,519

  Geo Method

  $3,572,506

• Alternative Use

  Use

  Valuation

  Residential

  $3,085,091

  Hospitality

  $2,825,927

  Educational

  $2,351,138

  Medical

  $2,431,997

  Retail

  $3,657,326

Location Insight

City

Cresco

County

Monroe

State

Pennsylvania

Latitude

41.165

Longitude

-75.2761

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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