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Key Details
Sold Price $712,345
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Municipality Chestnuthill Township
MLS Listing ID PM-142557
Sold Date 07/20/26
Year Built 1995
Annual Tax Amount $10,953
Tax Year 2025
Lot Size 1.240 Acres
Acres 1.24
Lot Dimensions 1.24
Property Sub-Type Business
Source Pocono Mountains Association of REALTORS®
Property Description
Opportunity to own a recently opened and renovated 2,500 SQFT Enterprise Rent-A-Car Rental NN Lease with prorated reimbursement on property taxes and common area maintenance. Three 5-year renewals remain with 3% increases annually. Enterprise recently remodeled in 2023 - demonstrating their investment in this location.
The adjoining Residential unit is 3 Beds, 2.5 Baths with updated HVACs, flooring, plumbing, and electrical. The property presents an ideal opportunity to invest in a strong commercial tenant, diversified with a residential tenant. Current Gross Income $63,000, with an NOI of $53,500/yr with a calculated CAP Rate of 6.3%.
Near Kinsley's ShopRite, Autozone, Dollar General, Dunkelberger's Sports Outfitter, Ace Hardware and Weis Markets.
Location
State PA
County Monroe
Area 1.24
Interior
Heating Electric, Oil
Cooling Central Air
Exterior
Parking Features On Site
View Y/N No
Total Parking Spaces 3
Garage No
Building
Sewer Septic Tank
Water Well
Schools
School District Pleasant Valley
Others
Tax ID 02.9C.1.14
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Andie Katz
Associate Broker | REALTOR® License ID: AB069370
Associate Broker | REALTOR® License ID: AB069370