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
Taxes
Visits
Year Built
Walkscore
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