1403 Pocono Boulevard, Mount Pocono, PA 18344
$990,000
Property Type:
Commercial Sale
Square Footage:
6,584
Lot Size (sq. ft.):
54,014
Status:
Closed
Current Price:
$990,000
List Date:
6/24/2021
Last Modified:
2/27/2025
Description
TURN KEY BUSINESS!!! WELL KNOWN HISTORIC FAMILY BUSINESS FOR SALE IN THE POCONOS. The 6584 sqft Casino Theatre & Malt Shoppe has been around since 1975. This gem in the heart of the Poconos is home to two Movie Theaters that seat 300 people, a Restaurant and an Ice Cream Parlor. This business has adapted and navigated well through the COVID 19 crisis. It is geographically near Mt. Airy Casino, Camelback, Kalahari, and Great Wolf Lodge. GREAT NOI, & AN EXCEPTIONAL CAP RATE. Property serviced with public water and sewer.
More Information MLS# PM-83548
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $990,000
Current Price: $990,000
Status: Closed
Listing Contract Date: 2020-12-04
Location, Tax, and Legal
Parcel Number: 10.4.2.45-2
Municipality: Mount Pocono Borough
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 6156.28
School Tax Amount: 14967.17
Tax Annual Amount: 21123.44
Tax Assessed Value: 751930
Tax Book Number: 2515/4561
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 6584
Building Area Source: Estimated
Stories: 2
Year Built Source: Estimated
Business Name: Casino Movie Theater & Malt Shop
Lot Size Acres: 1.24
List Price/SqFt: 165.4
Sold Price/SqFt: 150.36
Building Area Total: 6584
Year Built: 1978
Remarks and Miscellaneous
Public Historical Remarks: Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C-1 Commercial
Public Remarks: TURN KEY BUSINESS!!! WELL KNOWN HISTORIC FAMILY BUSINESS FOR SALE IN THE POCONOS. The 6584 sqft Casino Theatre & Malt Shoppe has been around since 1975. This gem in the heart of the Poconos is home to two Movie Theaters that seat 300 people, a Restaurant and an Ice Cream Parlor. This business has adapted and navigated well through the COVID 19 crisis. It is geographically near Mt. Airy Casino, Camelback, Kalahari, and Great Wolf Lodge. GREAT NOI, & AN EXCEPTIONAL CAP RATE. Property serviced with public water and sewer.
Business Type
Bar/Tavern/Lounge: 1
Fast Food: 1
Food & Beverage: 1
Restaurant: 1
Retail: 1
Professional Service: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Possible Use
Recreational: 1
Building Features
Equipment Warranty: 1
Fixtures Included: 1
Inventory Included: 1
Other: 1
Roof
Flat: 1
Cooling
Central Air: 1
Heating
Electric: 1
Natural Gas: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
On Site: 1
Lot Features
Near Public Transit: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 1403
Street Name: Pocono
Street Suffix: Boulevard
City (Post Office): Mount Pocono
State: PA
Postal Code: 18344
Status Change Information
Purchase Contract Date: 2021-06-30
Close Date: 2021-09-29
Close Price: 990000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Commercial
Possible Use: Recreational
Business Type: Bar/Tavern/Lounge; Fast Food; Food & Beverage; Restaurant; Retail; Professional Service
Building Features: Equipment Warranty; Fixtures Included; Inventory Included; Other
Roof: Flat
Cooling: Central Air
Heating: Electric; Natural Gas
Water Source: Public
Sewer: Public Sewer
Parking Features: On Site
Lot Features: Near Public Transit
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
KW Commercial - Park Ave
Last Updated: February - 27 - 2025
Information deemed reliable but not guaranteed.
