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1010 PA-390

4,840 SF 100% Leased Retail Building Cresco, PA 18326 $550,000 ($114/SF)

Investment Highlights

  • Main Road with +/- 5,000 VPD
  • Built in 1991
  • Possible Expansion and Redevelopment

Executive Summary

FREESTANDING COMMERCIAL PROPERTY AVAILABLE IN MONROE COUNTY (CRESCO/BARRETT TWP.) ON 2.29 ACRES WITH 128 FT. OF ROAD FRONTAGE, +/- 6,000 VPD. GREAT LOCATION FOR OWNER-OCCUPANT SEEKING TO GROW THEIR BUSINESS, WITH 1,000 SF OF RETAIL IN THE FRONT WITH LARGE DISPLAY WINDOWS, OFFICE AREA, BATHROOM, PARKING FOR 5-10 VEHICLES, ROAD SIGNAGE AND 3,800 SF OF GARAGE/STORAGE/WAREHOUSE SPACE ON SIDE AND REAR WITH PARKING FOR 10-20 VEHICLES, 3 OVERHEAD DOORS AND A LOADING DOCK. ZONED MU-V (MIXED USE-VILLAGE), POTENTIAL USES INCLUDE RETAIL, BUSINESS SERVICE, REPAIR SHOP, SERVICE STATION AND AUTOMOTIVE SALES WITH POTENTIAL TO EXPAND/DEVELOP ON THE VACANT, EXISTING LAND IN THE REAR PENDING TOWNSHIP AND ZONING APPROVALS. THE PROPERTY IS CURRENTLY 100% OCCUPIED, ONE TENANT ON AN EXISTING ONE-YEAR LEASE AND WOULD CONSIDER RENEWING, AND OTHER TENANT CURRENTLY ON A MONTH TO MONTH LEASE AND WOULD CONSIDER RENEWING OR RELOCATING.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,840 SF
Building Class
B
Year Built
1991
Price
$550,000
Price Per SF
$114
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.04
Lot Size
2.68 AC
Zoning
MU-V - Mixed-Use Village
Frontage
128 FT on PA-390

Amenities

  • Pylon Sign
  • Signage
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01.15.1.80
Land Assessment
$84,680
Improvements Assessment
$168,640
Total Assessment
$253,320
  • Listing ID: 33923233

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 1010 PA-390, Cresco, PA 18326

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