5357 Development Park Dr - Industrial FOR SALE


Pocono Summit, PA 18346
$4,000,000 USD
570-213-4900
5357 Development Park Dr, Pocono Summit, PA for Sale
$4,000,000 USD
Industrial - FOR SALE
1/38
null | Request Cap Rate

5357 Development Park Dr
Pocono Summit, PA 18346


HIGHLIGHTS

  • Free standing 41,160 square foot building with a 33,600 square foot footprint
  • 1/8 mile from Interstate 380
  • Steel frame, 1.3 story block building on 4" concrete slab foundation
  • Flat rubber membrane roof with trench gutters & drain pipes
  • Roof mounted HVAC & electric heat pumps
  • Situated on 5.01 acres with 156 parking spaces

OVERVIEW

The Daniel Perich Group of KW Commercial is pleased to present for sale this free-standing 41,160 square foot building in Pocono Summit, PA. The building features a 33,600 square foot footprint with ceilings ranging from 12 to 27 feet and is situated on 5 acres with 156 parking spaces. An additional 5-acre parcel with frontage along Route 940 is included, providing further development potential. The property is accessed from Development Park Drive and is zoned C-I (Commercial-Industrial) in Tobyhanna Township, allowing for a wide variety of industrial or commercial uses. This steel frame, 1.3-story block building is constructed on a 4" concrete slab with WWF and a vapor barrier on a 6" crushed stone base foundation. It features painted concrete-block exterior walls, metal-framed storefront glass entry and egress doors, and a flat rubber-membrane roof with trench gutters and drain pipes. HVAC is provided via roof-mounted compressors and electric heat pumps. The ground floor encompasses approximately 33,600 square feet, divided into a main entrance foyer, a food service area with a commercial kitchen, a 36-lane bowling alley, a sales area with a service counter, a game arcade, a billiard area, an office storage room, a private office, a sports/repair shop, a bar with a billiard room, and four restrooms. The upper level contains approximately 7,560 square feet of open, un-partitioned studio space. Interior finishes include finished concrete floors, painted-block walls, and open un-insulated ceilings with suspended fluorescent lighting. A conceptual drawing on file shows a proposed redevelopment of the parcel into a 4-story, 100-room hotel and a 2,473 square foot quick-service restaurant with drive-thru, as well as a gas station/convenience store along Route 940. Nestled in the serene landscape of Pocono Summit, this area offers a perfect balance of natural beauty and modern amenities. The property is surrounded by scenic mountains, lush forests, and picturesque lakes, providing an ideal setting for professionals seeking a tranquil work environment. Nearby, the Pocono Summit area boasts a range of attractions, including the popular Camelback Mountain Resort, Mount Airy Casino Resort, and Kalahari Resorts. Additionally, the proximity to major highways and transportation hubs offers convenient access for employees and clients alike. Invest in the future of your business in this thriving and enchanting location.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

41,000 SF Industrial on 10 Acres

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Distribution, Warehouse, Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

UTILITIES

Water - Well, Sewer - Septic Field

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

156

LAND DETAILS

LAND ACRES

5.01

LAND SF

218,236

ZONING

CI

APN/PARCEL ID

19/1/1/31

ASK ABOUT THIS PROPERTY

Daniel PerichThe Daniel Perich Group of KW CommercialMore Info
570-213-4900

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Daniel PerichThe Daniel Perich Group of KW CommercialMore Info
570-213-4900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.