6631 Route 191, Cresco, PA 18326
$600,000
Property Type:
Commercial Sale
Square Footage:
10,850
Lot Size (sq. ft.):
23,958
Status:
Closed
Current Price:
$600,000
List Date:
1/03/2022
Last Modified:
2/28/2025
Description
8-unit investment for sale in Cresco. This mixed-use property has 6 residential rentals and 2 commercial units. Great exposure along Route 191/390 directly across from Steele's Ace Hardware. Desirable corridor carrying traffic to Buck Hill Falls, Skytop Lodge and Promised Land State Park. Value-add opportunity with below market rents and month-to-month leases.
More Information MLS# PM-93736
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $600,000
Current Price: $600,000
Status: Closed
Listing Contract Date: 2021-12-30
Location, Tax, and Legal
Parcel Number: 01.11.1.13
Municipality: Barrett Township
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 2690.51
School Tax Amount: 9514.39
Tax Annual Amount: 12296.77
Tax Assessed Value: 477990
Tax Book Number: 2339/7230
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 10850
Building Area Source: Public Records
Stories: 2
Year Built Source: Other
Lot Size Acres: 0.55
List Price/SqFt: 57.6
Sold Price/SqFt: 55.3
Building Area Total: 10850
Year Built: 1949
Remarks and Miscellaneous
Public Historical Remarks: Warranty: None, Special Financing: None, Location: FreeStnd, Exterior Amenities: Sign, Ceiling: 0-9FT,10-12FT, Miscellaneous: Zoning Code Mu-V
Public Remarks: 8-unit investment for sale in Cresco. This mixed-use property has 6 residential rentals and 2 commercial units. Great exposure along Route 191/390 directly across from Steele's Ace Hardware. Desirable corridor carrying traffic to Buck Hill Falls, Skytop Lodge and Promised Land State Park. Value-add opportunity with below market rents and month-to-month leases.
Unit Details
Number Of Units Leased: 8
Business Type
Professional/Office: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Term Options
Month To Month: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Commercial: 1
Possible Use
Residential: 1
Retail: 1
Investment: 1
Multi-Family: 1
Building Features
Ceiling Height: 9
Other: 1
Rail Road Track
None: 1
Construction Materials
Frame: 1
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Water Source
Public: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 6631
Street Name: Route 191
City (Post Office): Cresco
State: PA
Postal Code: 18326
Status Change Information
Purchase Contract Date: 2022-02-05
Close Date: 2022-05-20
Close Price: 600000
Property Features
Listing Terms: Cash; Conventional
Lease Term Options: Month To Month
Possession: Close Of Escrow
Current Use: Commercial; Residential
Possible Use: Residential; Investment; Multi-Family; Retail
Business Type: Professional/Office
Building Features: Other
Rail Road Track: None
Construction Materials: Frame
Cooling: Wall/Window Unit(s)
Heating: Electric
Water Source: Public
Sewer: Septic Tank
Parking Features: On Site
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
KW Commercial - Main St
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.