Listing Courtesy of: Tejas Gosai - EXP Realty LLC
$1,375,000 Down payment assistance icon Calculate Payment

2343 Route 611 Pocono Twp, PA 18355

Investment Residence
Beds
Baths
8,020 Sq. Ft.
5.76 Acre Lot

Property Overview

Time on Site
days
Days on Market
Views
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$225K Projected Gross, $150K Net Income, 11% CAP @ Asking. Owners invested over $500K to redesign this 8,000SF, commercially zoned, free-standing building including a BRAND NEW ROOF, BRAND NEW WINDOWS, ALL NEW SHEETROCK & FRAMING, FRESH PAINT, & a COMPLETELY OPEN FL PLAN on both the 1st & 2nd FLs. L...ocated on 5.76 flat ACRES, this property features 150+ parking spaces & 375 FT of frontage on heavily-trafficked, RTE 611 (30K/vehicle/day). This property can house almost any purpose, e.g., wedding/event destination, car dealership, gas station, corporate/office plaza, return to its previous use as an extremely successful hotel/restaurant, or COMPLETE PLANS FOR AN ADDITIONAL 15,000 SF RETAIL PLAZA (SEE IMAGES for SITE PLANS). NO OFFSEASON w/ year-round attractions, EVEN DURING COVID, millions of tourists & AIRBNB guests frequent the neighboring 14 resorts including Great Wolf Ski Lodge/Indoor Water Park, Kalahari Resort, Camelback Ski Resort, Mt. Airy Casino, & Crossings Outlet Store. Continue reading
MLS#
657416
Property Type
Investment
Year Built
1935
Square Feet
8,020 sq. ft
Lot Size
5.76
Sewer
Public Sewer

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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More
Listing Courtesy of: Tejas Gosai - EXP Realty LLC
Thomas O'Leary, License RM422432, Xome Inc., License RB067821 , ThomasH.Oleary@xome.com, 844-400-XOME (9663), 1600 East St Andrew Pl, Santa Ana, CA 92705


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