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Automotive Investment Property

$449,000

479 Route 196, Tobyhanna, PA 18466

Active
Last Updated: 05/17/2021

11.81

Cap Rate

53,023.44

NOI

Details:
Cap Rate:    11.81%
NOI:    $53,023.44
Building Size:    3,786 sqft
Lot Area:    1 acres
Occupancy:    100%
Units:    4
Year Built:    1974
Floors:    1
Parking Spots:    100
Description:

The Daniel Perich Group of KW Commercial Real Estate is offering this automotive property for sale in Tobyhanna. The fully tenanted property consists of car sales, autobody and mechanic shop. Mechanic equipment is included in sale. Property is situated on 1 acre along State Route 196 with parking for over 100 vehicles in total.

Tobyhanna - Coolbaugh Township is located in northern Monroe County in northeastern Pennsylvania. Tobyhanna offers numerous opportunities for recreation including the beautiful Tobyhanna State Park and is also home to Tobyhanna Army Depot, one of the largest employers in northeastern Pennsylvania. Being close to major interstates 80, 81, 84, 380 gives the Township quick access to major metropolitan areas such as Scranton/Wilkes-Barre, Philadelphia and New York City. In recent years, due to its location between the New York and Philadelphia and development of new homes, many families have moved to the area. Some Tobyhanna residents choose to commute to the city via Interstate 380, Interstate 80, or Interstate 84. Pennsylvania Route 611 runs southeast from Tobyhanna towards Pocono Township.

Map:
Documents:
Title
Sale_Brochure_-_479_Route_196__Tobyhanna.pdf
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