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Dunmore, PA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Dunmore, Pennsylvania Market population: 14K. Explore income-producing properties with verified cap rates and operating...

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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF

πŸ“Š Avg Property Tax Rate For Dunmore PA Properties: 1.3400%

πŸ“Š Average Income For Dunmore PA Commercial Property: $47,967

Investor Questions For Dunmore PA

Common questions from investors exploring commercial real estate in Dunmore PA.

What's the overall investment potential of Dunmore, PA, considering its demographics and economy? +
Dunmore's median household income of $47,967, combined with a relatively low poverty rate of 11.2% and high health insurance coverage of 95.0%, suggests a stable market with a strong foundation for real estate investment. The top industries, including Public Administration and Finance & Insurance, also indicate a diverse economy, while the 17-minute average commute time and high homeownership rate of 61.4% point to a desirable quality of life.
How does the ethnic diversity and industry mix in Dunmore impact the local real estate market? +
The ethnic diversity in Dunmore, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community, while the top industries, including Professional, Scientific, & Management, and Administrative & Waste Management Services, drive demand for housing. This diversity, paired with a foreign-born rate of 2.4% and a GINI coefficient of 0.453, indicates a relatively stable and equitable market, making it attractive for real estate investors.
What are the key factors influencing the rental market in Dunmore, PA? +
The rental market in Dunmore is influenced by factors such as the average commute time of 17 minutes, which is relatively short, and the high health insurance coverage rate of 95.0%, indicating a stable and employed population. Additionally, the median property value of $160,600 and median property taxes of $3,232 suggest a relatively affordable housing market, making it an attractive option for renters and investors alike.
How does the quality of life in Dunmore, PA, impact its attractiveness to real estate investors? +
The quality of life in Dunmore, characterized by a short average commute time of 17 minutes, a high health insurance coverage rate of 95.0%, and a low poverty rate of 11.2%, makes it an attractive location for residents and investors. The top commute methods, including driving alone and working from home, also suggest a flexible and convenient lifestyle, which can contribute to a stable and growing real estate market.
What are the implications of Dunmore's economic and demographic trends for long-term real estate investment? +
Dunmore's economic trends, including a median household income of $47,967 and a diverse industry mix, paired with demographic trends such as a median age of 40.6 and a relatively low poverty rate, suggest a stable and growing market. The high homeownership rate of 61.4% and relatively low GINI coefficient of 0.453 also indicate a strong foundation for long-term real estate investment, as they point to a relatively equitable distribution of wealth and a high level of investment in the community.

Dunmore PA Real Estate & City Facts

Key facts and real estate information about Dunmore PA.

What are some of the best neighborhoods to live in Dunmore? +
Some of the best neighborhoods to live in Dunmore include Country View Manor, which is a quiet and family-friendly area with a strong sense of community. Other desirable areas tend to be in the northwest parts of the city, while more affordable homes can be found in the north regions. Additionally, neighborhoods around St Ann's and Oram St to Tripp's Park are also considered good areas to live.
What are some fun things to do in Dunmore? +
Dunmore has a variety of activities to enjoy, such as visiting the Dunmore Number 1 Reservoir Trail for hiking, or checking out the Schautz Stadium for sports events. You can also explore the local shops and restaurants, like Pandarella's Breakfast & Lunch, or try some of the top-rated pizza places in the area. If you're looking for something unique, consider visiting the Lost Trails ATV Adventures or taking a tour of the Dunmore Cemetery.
What is the food scene like in Dunmore? +
The food scene in Dunmore is diverse and offers a range of options, from traditional Italian cuisine at restaurants like Angelo's, to delicious pizzas at top-rated spots. You can also find great breakfast and lunch options at places like Pandarella's, or try some of the local food trucks like Kaboob Express. Additionally, there are several highly-recommended restaurants in the surrounding areas, such as Casa Bella and Bar Pazzo.
What are the pros and cons of living in Dunmore? +
Living in Dunmore has its pros and cons. On the positive side, the city has a strong sense of community, with many family-friendly neighborhoods and a variety of local activities to enjoy. However, some areas may have higher crime rates or be considered less desirable. The cost of living in Dunmore is generally affordable, with a range of housing options available. Nevertheless, the city's economy and job market may be limited compared to larger nearby cities like Scranton.
Is Dunmore a good place to live? +
Overall, Dunmore can be a good place to live for those looking for a small-town atmosphere with a strong sense of community. While it may have its drawbacks, the city offers a range of amenities and activities, from outdoor recreation to local restaurants and shops. With its affordable cost of living and variety of housing options, Dunmore can be an attractive choice for families, young professionals, and individuals looking for a quieter pace of life.
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