2937 Route 611Tannersville, PA 18372

Property Details for 2937 Route 611

Year built

1988

Construction

FRAME

Lot size

2.22 AC

Property size (Sq ft)

26,164 SF

Zone code

C

Property type

Retail properties

Property subtype

Retail space

APN

12.8.1.41

APU

128141

Description

This 636 square foot office space is available for lease in the desirable Merchants Plaza, located at 2937 Route 611, Suite 11A, Tannersville, PA. Merchants Plaza is a well-maintained, 23,000 square foot multi-tenant building situated on State Route 611, offering excellent visibility and accessibility. The property boasts convenient elevator access for easy tenant and client movement throughout the building. Ample paved on-site parking is provided for tenants and their guests, eliminating parking hassles. This established business center benefits from a strong tenant mix, including the United States Post Office, CareGivers America, and Careerlink of Monroe County, ensuring a vibrant and reliable business environment. The 2.22-acre lot provides ample space and a professional setting. The lease rate is $1050. This suite presents a fantastic opportunity for businesses seeking a well-located, comfortable, and convenient office space in a thriving commercial center. The property is ready for immediate occupancy. Inquire today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $9,554,328

  6.5%

  $8,819,380

  7%

  $8,189,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,672,749

  Geo Method

  $8,614,842

• Alternative Use

  Use

  Valuation

  Residential

  $7,439,477

  Hospitality

  $6,814,521

  Educational

  $5,669,602

  Medical

  $5,864,588

  Retail

  $8,819,380

Location Insight

City

Tannersville

County

Monroe

State

Pennsylvania

Latitude

41.0348

Longitude

-75.3019

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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