393 & 395 Route 940, Blakeslee, PA 18610
$2,100,000
Property Type:
Commercial Sale
Square Footage:
18,300
Lot Size (sq. ft.):
100,188
Status:
Closed
Current Price:
$2,100,000
List Date:
3/01/2022
Last Modified:
2/27/2025
Description
7.5 CAP on existing NOI of $170,000. Seven in-place tenants include St. Luke's Physical Therapy, Blakeslee Pharmacy, Pocono Pines Dental. Blakeslee Medical Professional Complex consists of two separate buildings and large shared parking lot. Building one is approximately 4,800 square feet and contains two units. The second building is 13,500 square feet built in 2009 and contains seven individual suites of varying sizes. Vacant spaces available for owner or lease. Located just East of the intersection of State Routes 940 and 115, near residential developments, resorts and tourist destinations.
More Information MLS# PM-94909
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $2,100,000
Current Price: $2,100,000
Status: Closed
Listing Contract Date: 2022-03-01
Location, Tax, and Legal
Parcel Number: 19.93242
Municipality: Tobyhanna Township
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 5063.95
School Tax Amount: 19506.9
Tax Annual Amount: 24570.85
Tax Assessed Value: 980000
Tax Book Number: 2510/851
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 18300
Building Area Source: Public Records
Stories: 1
Year Built Source: Other
Lot Size Acres: 2.3
List Price/SqFt: 123.99
Sold Price/SqFt: 114.75
Building Area Total: 18300
Year Built: 2008
Remarks and Miscellaneous
Public Historical Remarks: Miscellaneous: Zoning Code C
Public Remarks: 7.5 CAP on existing NOI of $170,000. Seven in-place tenants include St. Luke's Physical Therapy, Blakeslee Pharmacy, Pocono Pines Dental. Blakeslee Medical Professional Complex consists of two separate buildings and large shared parking lot. Building one is approximately 4,800 square feet and contains two units. The second building is 13,500 square feet built in 2009 and contains seven individual suites of varying sizes. Vacant spaces available for owner or lease. Located just East of the intersection of State Routes 940 and 115, near residential developments, resorts and tourist destinations.
Listing Terms
Cash: 1
Conventional: 1
Trade: 1
Possession
Close Of Escrow: 1
Cooling
Central Air: 1
Heating
Electric: 1
Sewer
Public Sewer: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 393 & 395
Street Name: Route 940
City (Post Office): Blakeslee
State: PA
Postal Code: 18610
Status Change Information
Purchase Contract Date: 2022-03-16
Close Date: 2022-06-10
Close Price: 2100000
Property Features
Listing Terms: Cash; Conventional; Trade
Possession: Close Of Escrow
Cooling: Central Air
Heating: Electric
Sewer: Public Sewer
Road Frontage Type: State Road
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Listing Office:
SER Commercial Real Estate, LLC
Last Updated: February - 27 - 2025
Information deemed reliable but not guaranteed.
