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Monahan Cold Storage 116-120 Monahan Ave 1,401 - 23,662 SF of Industrial Space Available in Dunmore, PA 18512

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HIGHLIGHTS

  • 116-120 Monohan Avenue presents 17,100 square feet of cold storage and production space with all cooling equipment less than five years old.
  • Rare opportunity ideal for a food production/ distribution user to occupy a spacious cold storage unit in a high barrier-to-entry market.
  • Scranton International Airport is approximately 12.5 miles south, 118 miles to New York City, and 128 miles to Philadelphia.
  • Ideally located off Interstate 81, near the Interstates 81 and 84 interchange, with convenient access to other major interstates and thoroughfares.
  • Features include multiple loading docks and drive-ins, ample storage space, 25’ clear height, and 1,000-amp, 3-phase heavy power.

FEATURES

Clear Height
25’
Drive In Bays
3
Exterior Dock Doors
4
Standard Parking Spaces
40

ALL AVAILABLE SPACES(3)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 17,100 SF
  • Negotiable
  • $19.89 CAD/SF/YR $1.66 CAD/SF/MO $340,151 CAD/YR $28,346 CAD/MO
  • Industrial
  • Partial Build-Out
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 4 Loading Docks
  • 1st Floor - 118
  • 5,161 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Partial Build-Out
  • Now
  • Can be combined with additional space(s) for up to 6,562 SF of adjacent space
  • 4 Loading Docks
  • 2nd Floor - 118
  • 1,401 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Partial Build-Out
  • Now
  • Can be combined with additional space(s) for up to 6,562 SF of adjacent space
  • 4 Loading Docks
Space Size Term Rental Rate Space Use Condition Available
1st Floor 17,100 SF Negotiable $19.89 CAD/SF/YR $1.66 CAD/SF/MO $340,151 CAD/YR $28,346 CAD/MO Industrial Partial Build-Out Now
1st Floor - 118 5,161 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Partial Build-Out Now
2nd Floor - 118 1,401 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Partial Build-Out Now

1st Floor

Size
17,100 SF
Term
Negotiable
Rental Rate
$19.89 CAD/SF/YR $1.66 CAD/SF/MO $340,151 CAD/YR $28,346 CAD/MO
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor - 118

Size
5,161 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

2nd Floor - 118

Size
1,401 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size 17,100 SF
Term Negotiable
Rental Rate $19.89 CAD/SF/YR
Space Use Industrial
Condition Partial Build-Out
Available Now

  • Listed rate may not include certain utilities, building services and property expenses
  • 4 Loading Docks

1st Floor - 118

Size 5,161 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Condition Partial Build-Out
Available Now

  • Can be combined with additional space(s) for up to 6,562 SF of adjacent space
  • 4 Loading Docks

2nd Floor - 118

Size 1,401 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Condition Partial Build-Out
Available Now

  • Can be combined with additional space(s) for up to 6,562 SF of adjacent space
  • 4 Loading Docks

PROPERTY OVERVIEW

The Hub Real Estate Group is pleased to present the rare opportunity to secure 17,100 square feet of cold storage and production space near Scranton, Pennsylvania. Strategically designed for food production, distribution, or any business requiring temperature-controlled environments, this facility offers a flexible and efficient layout to support a wide range of food-grade operations. Offered on a modified gross lease structure for predictable occupancy costs. Whether you're expanding your footprint or relocating into a modern, specialized facility, this property is well-suited to meet your operational needs. Centrally located near Scranton, with immediate access to all major interstates (Interstates 81, 84, 476, and 380), the site provides seamless connectivity for local and regional distribution. Pennsylvania's Interstate 81 Corridor was designed to connect key industrial centers along the East Coast, facilitating efficient freight flow and supporting regional economic growth. Today, it stands as one of the Mid-Atlantic's most important distribution hubs. The Scranton metro area has a more diversified economy, with a focus on healthcare, education, logistics, and professional services. Scranton has experienced significant growth in the distribution and logistics sectors. Major companies, including Chewy, Adidas, and Amazon, operate substantial facilities across the metro, attracted by access to more than 50 million consumers within a 200-mile radius, and operational costs are 35 to 45% lower than those in nearby metropolitan markets. Inquire today for more information or to schedule a tour.

PROPERTY FACTS

Building Size
45,500 SF
Lot Size
4.03 AC
Year Built
1978
Construction
Masonry
Power Supply
Amps: 1,000 Phase: 3
Zoning
I - Industrial

ABOUT I-81 CORRIDOR

The growth of logistics-focused development has been a shot in the arm for Scranton. The small northeastern Pennsylvania city was ideally situated to accommodate the initial growth of e-commerce, given its quick access to major interstates like 81 and 80. Within a day’s drive, truckers can reach roughly 60% of the nation’s population, as well as 40% of Canadian consumers.

Shipping fuels most of Scranton’s commercial real estate construction and generates the market’s strongest levels of demand for commercial real estate space of any kind. Major companies like FedEx, Amazon, and Isuzu occupy Scranton distribution hubs, and interest in the market could grow if interest in neighboring Lehigh Valley declines. Scranton rents are cheaper than in Allentown, and developers are encountering scarcity issues with quality land after a huge build up across Lehigh County.

The prime location attracts tenants from across the globe, and though leasing and construction lag in comparison to regional competitors, developers have been active. Developers have added more than 10 million square feet in the last decade, and during that time major brands like Pepsi, Amazon, and FedEx established distribution centers here. Acceleration of rent growth kicked off in 2015, and gains have stayed above average since.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
121
2 h 34 m
Philadelphia
1,584,138
127
2 h 36 m
Washington
702,455
240
5 h 3 m
Boston
694,583
291
5 h 53 m
Columbus
892,533
473
8 h 48 m
Detroit
672,662
532
9 h 52 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
203,880
Total Labor Force
100,302
Unemployment Rate
4.33%
Median Household Income
$63,498
Warehouse Employees
15,693
High School Education Or Higher
91.90%
$ values in USD

NEARBY AMENITIES

RESTAURANTS

The Loading Dock Bar & Grill American $$$ 7 min walk
McDonald's - - 11 min walk
Wendy's - - 10 min walk
Loading Dock Bar & Grill Grill $$$ 10 min walk
Starbucks Cafe $ 14 min walk
New China Star Chinese $$ 15 min walk
Manning Farm Dairy Ice Cream $ 15 min walk
Burger King - - 16 min walk
Dunkin' Cafe - 15 min walk
Sushi & Thai Sushi $$ 15 min walk

RETAIL

Big Lots Discount Store 6 min walk
NBT Bank Bank 12 min walk
Wells Fargo Bank 13 min walk
Price Chopper Supermarket 14 min walk
Sheetz Convenience Market 14 min walk
Ymca Fitness 16 min walk

HOTELS

Sleep Inn
78 rooms
2 min drive
Rodeway Inn
32 rooms
3 min drive
Baymont
75 rooms
3 min drive
Microtel Inn & Suites by Wyndham
62 rooms
7 min drive
Holiday Inn
116 rooms
8 min drive
Residence Inn
78 rooms
9 min drive
Fairfield Inn
81 rooms
9 min drive
Home2 Suites by Hilton
70 rooms
10 min drive
Radisson by Choice
146 rooms
10 min drive
Hilton
193 rooms
11 min drive

LEASING AGENT

LEASING AGENT

Pat Rogan, Broker
Over the last 10 years, Pat has been involved in some of the largest on market and off market commercial deals in the Scranton region including the sale of half a block of Downtown Scranton, many national tenant leases and numerous multi-million dollar transactions.
  • Listing ID: 37460508

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 116-120 Monahan Ave, Dunmore, PA 18512

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