951 Route 390Cresco, PA 18326

Property Details for 951 Route 390

Year built

1971

Construction

FRAME

Lot size

2.95 AC

Property size (Sq ft)

3,520 SF

Zone code

MU-V

Property type

Retail properties

Property subtype

Retail space

APN

01.112367

APU

1112367

Description

This exceptional mixed-use property in Cresco, PA, presents a unique live-work opportunity. The building, situated on a 2.95-acre lot with excellent Route 390 visibility, offers 3,520 square feet of versatile space. The ground floor encompasses 2,800 square feet of retail space, perfect for a variety of businesses. A highlight is the 960-square-foot showroom, featuring attractive stone flooring, vaulted ceilings, hardwood floors, custom-built counters, and extensive shelving. Abundant natural light streams in through large front-facing windows. The space is further enhanced by ductless mini-splits for climate control and a dedicated employee bathroom. Upstairs, a fully renovated one-bedroom apartment provides comfortable living quarters. This apartment boasts a modern kitchen with new cabinets, granite countertops, and updated appliances. The property also includes a convenient one-car garage and ample on-site parking. Enjoy the serene setting with a private streamside yard and garden. This property offers a rare combination of commercial space and residential living, making it an ideal investment for entrepreneurs seeking a blend of work and personal life in a desirable location. The asking price is $389,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,285,401

  6.5%

  $1,186,524

  7%

  $1,101,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,166,797

  Geo Method

  $1,159,006

• Alternative Use

  Use

  Valuation

  Residential

  $1,000,878

  Hospitality

  $916,798

  Educational

  $762,766

  Medical

  $788,998

  Retail

  $1,186,524

Location Insight

City

Cresco

County

Monroe

State

Pennsylvania

Latitude

41.1701

Longitude

-75.2731

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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