Address
5243 Milford Road East Stroudsburg, PA
Price
$ 585,000
Property Attributes
- MLS#629011
- TypeCommercial
- CountyMONROE
- CityEast Stroudsburg
- AreaMiddle Smithfield Twp
- Zip18302
- StyleCommercial,Garage,Retail
- Year Built1938
- Taxes6687
- Price$ 585,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2510
- Lot Size0.43 Acres
Listing Provided Courtesy Of:
CENTURY 21 Keim
Data Source:
Greater Lehigh Valley REALTORS
Property Description
$12K/MONTH Projected Gross, $9.6K/MONTH Projected Net with 9.1% Projected Cap rate @ $650k Asking Price. This is a well-established turnkey business featuring multiple streams of income that is ready for the next owner. Convenience store, 1 bay garage & THREE (3), ONE (1) bedroom APARTMENTS on the 2nd floor. There are 2 gas pumps that are branded Citgo, these bring constant traffic to the pumps & the store. There is also a 2nd building that is 40x100 w/a long-standing tenant. Parking for up to 50 cars. Located on the heavily traveled Rt 209 next to Pocono Palace Resort, a year-round prime location. Located just 60 mins from NYC & 90 from Phili. Attractions bring millions of tourists, including, Great Wolf Ski Lodge & Indoor Water Park, Kalahari Resort, Camelback & Shawnee Ski Resorts, Mt. Airy Casino, & Crossings Outlet Store. Continue to operate as a Citgo, go unbranded or sign up with another company where they could invest in additional improvements in the property.
| Price History | |
|---|---|
| 11/18/2019 | Listed $650,000 |
| 3/29/2021 | 10% - $585,000 |
General Features
| Construction | Other |
|---|---|
| Cooling | None |
| County | Monroe |
| Parking | On Site |
| Parking Spaces | 50 |
| Potential Use | Auto Service, Carwash, Convenience Store, Mini Mart, Other, Retail |
| School District | East Stroudsburg |
| Sewer | Public |
| Water | Public |
| Zoning Code | C1 - COMMERCIAL |
Interior Features
| Ceiling | 0-9 Feet, 10-12 Feet, 13-15 Feet, 16-18 Feet |
|---|---|
| Level | Grade |
Exterior Features
| Road | City Road, State |
|---|---|
| Surfacetype | Black Top |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 18302
Price
Taxes
Visits
Year Built
Walkscore
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS®. Real Estate listings held by brokerage firms (licensees) other than #firm are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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