1245 Pocono Boulevard, Mount Pocono, PA 18344

$650,000
Property Type: Commercial Sale Square Footage: 5,450 Lot Size (sq. ft.): 22,216 Status: Closed
Current Price: $650,000 List Date: 10/06/2023 Last Modified: 2/20/2025

Description

Fully equipped profitable laundromat serving the majority of Mt Pocono Borough residents. Strong cash flow, newer equipment, free standing building with dedicated on-site parking. Recent water system upgrades and parking lot resurfacing. Additional rental income from 2 commercial store fronts and an efficiency residential unit totaling approx $25,000/yr. Financials provided upon request with qualified buyers.

More Information MLS# PM-110021

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $650,000 Current Price: $650,000 Status: Closed Listing Contract Date: 2023-09-29

Location, Tax, and Legal

Parcel Number: 10.6.1.19-1 Municipality: Mount Pocono Borough High School District: Pocono Mountain Cnty&Muni Taxes (Legacy): 3099.95 School Tax Amount: 7067.87 Tax Annual Amount: 10167.82 Tax Assessed Value: 355080 Tax Book Number: 2339/2241 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 5450 Building Area Source: Public Records Stories: 2 Year Built Source: Other Lot Size Acres: 0.51 List Price/SqFt: 275.23 Sold Price/SqFt: 119.27 Building Area Total: 5450 Year Built: 1968

Remarks and Miscellaneous

Public Historical Remarks: Road Type: Twp-rd, Miscellaneous: Zoning Code C Public Remarks: Fully equipped profitable laundromat serving the majority of Mt Pocono Borough residents. Strong cash flow, newer equipment, free standing building with dedicated on-site parking. Recent water system upgrades and parking lot resurfacing. Additional rental income from 2 commercial store fronts and an efficiency residential unit totaling approx $25,000/yr. Financials provided upon request with qualified buyers.

Business Type

Laundromat: 1

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Cooling

None: 1

Heating

Electric: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Road Frontage Type

See Remarks: 1

Road Surface Type

Paved: 1 Asphalt: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Monroe Street Number: 1245 Street Name: Pocono Street Suffix: Boulevard City (Post Office): Mount Pocono State: PA Postal Code: 18344

Status Change Information

Purchase Contract Date: 2023-10-06 Close Date: 2023-11-30 Close Price: 650000

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Business Type: Laundromat Cooling: None Heating: Electric Water Source: Public Sewer: Public Sewer Road Frontage Type: See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: February - 20 - 2025
Information deemed reliable but not guaranteed.