Address
5243 Milford Road East Stroudsburg, PA
Price
$ 650,000
Property Attributes
  • MLS#629011
  • TypeCommercial
  • CountyMONROE
  • CityEast Stroudsburg
  • AreaMiddle Smithfield Twp
  • Zip18302
  • StyleCommercial,Garage,Retail
  • Year Built1938
  • Taxes6687
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2510
  • Lot Size0.43 Acres
Listing Provided Courtesy Of:
CENTURY 21 Keim
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

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
  • 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
AVG $200K
$650K
Taxes
AVG $6,687
$6,687
Visits
AVG 9
8
Year Built
AVG 1976
1938
Walkscore
AVG 26
21
Data Provided by Walkscore ® not using MLS data

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