5701 Route 115Blakeslee, PA 18610

Property Details for 5701 Route 115

Year built

1968

Lot size

0.61 AC

Property size (Sq ft)

3,710 SF

Zone code

C

Property type

Retail properties

Property subtype

Auto shops

APN

19.20.2.29

APU

1920229

Description

This exceptional 3,710 square foot commercial property, situated on a 0.61-acre lot at 5701 Route 115 in Blakeslee, Pennsylvania, presents a lucrative opportunity for automotive businesses. The building boasts four or more generously sized bays, easily accommodating multiple vehicles simultaneously. Two vehicle lifts and a compressor are already installed, enhancing operational efficiency. Separate office and parts storage areas provide ample space for administrative tasks and inventory management. The property benefits from excellent visibility and convenient access, situated near the intersection of Routes 940 and 115, ensuring high traffic exposure. Its strategic location offers easy access to Interstate Route 80 and the Pennsylvania Turnpike (Route 476), maximizing accessibility for customers and employees. Ample parking is available on-site, along with a large rear lot providing additional storage capacity. Prominent signage opportunities further enhance the property's marketing potential. This property is ideal for a variety of automotive-related businesses, including vehicle repair, bodywork, and towing services. The asking lease price is $3500.

• CAP approach

  CAP return

  Valuation

  6%

  $1,354,784

  6.5%

  $1,250,570

  7%

  $1,161,243

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,229,778

  Geo Method

  $1,221,566

• Alternative Use

  Use

  Valuation

  Residential

  $1,054,902

  Hospitality

  $966,285

  Educational

  $803,938

  Medical

  $831,586

  Retail

  $1,250,570

Location Insight

City

Blakeslee

County

Monroe

State

Pennsylvania

Latitude

41.0947

Longitude

-75.5951

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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