219 Mt Nebo Road, East Stroudsburg, PA 18301

$1,210,000
Property Type: Commercial Sale Square Footage: 19,201 Lot Size (sq. ft.): 1,123,412 Status: Closed
Current Price: $1,210,000 List Date: 12/12/2018 Last Modified: 5/09/2025

Description

Rainbow Mountain is a 45 room resort featuring bed and breakfast style rooms and private cottages. Extensive structural and cosmetic renovations have been made to the complex including roofing, electrical, plumbing, furniture and equipment. This is an established business that has catered to the LGBTQ+ community for the last 38 years – drawing clients from not only the nearby metropoles of New York City and Philadelphia but across the nation and internationally as well. Guests can enjoy dining in the restaurant, cocktails at the bar, themed events at the night club or singing at the karaoke lounge. Additional amenities include an in-ground pool, poolside bar, hot tub, private lake, tennis court, fitness gym and sauna.

More Information MLS# PM-63738

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $1,210,000 Current Price: $1,210,000 Status: Closed Listing Contract Date: 2018-12-01

Location, Tax, and Legal

Parcel Number: 16.5.1.30 Municipality: Smithfield Township High School District: East Stroudsburg Area Cnty&Muni Taxes (Legacy): 4830.21 School Tax Amount: 32603.51 Tax Annual Amount: 37433.73 Tax Assessed Value: 183310 Tax Book Number: 2487/1369 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 19201 Stories: 1 Year Built Source: Other Business Name: Rainbow Mountain Lot Size Acres: 25.79 List Price/SqFt: 67.44 Sold Price/SqFt: 63.02 Building Area Total: 19201 Year Built: 1920

Remarks and Miscellaneous

Public Historical Remarks: Road Type: Twp-rd, Warranty: None, Miscellaneous: Zoning Code R-1 Public Remarks: Rainbow Mountain is a 45 room resort featuring bed and breakfast style rooms and private cottages. Extensive structural and cosmetic renovations have been made to the complex including roofing, electrical, plumbing, furniture and equipment. This is an established business that has catered to the LGBTQ+ community for the last 38 years – drawing clients from not only the nearby metropoles of New York City and Philadelphia but across the nation and internationally as well. Guests can enjoy dining in the restaurant, cocktails at the bar, themed events at the night club or singing at the karaoke lounge. Additional amenities include an in-ground pool, poolside bar, hot tub, private lake, tennis court, fitness gym and sauna.

Unit Details

Number Of Units Leased: 45

Business Type

Bed & Breakfast: 1 Hotel/Motel: 1

Special Licenses

Liquor: 1

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Possible Use

Residential: 1 Place of Worship: 1

Building Features

Fixtures Included: 1 Other: 1

Cooling

Central Air: 1 Wall/Window Unit(s): 1

Heating

Electric: 1

Sewer

Septic Tank: 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: 219 Street Name: Mt Nebo Street Suffix: Road City (Post Office): East Stroudsburg State: PA Postal Code: 18301

Status Change Information

Purchase Contract Date: 2019-02-14 Close Date: 2019-04-26 Close Price: 1210000

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Possible Use: Residential; Place of Worship Business Type: Bed & Breakfast; Hotel/Motel Special Licenses: Liquor Building Features: Fixtures Included; Other Cooling: Central Air; Wall/Window Unit(s) Heating: Electric Sewer: Septic Tank Road Frontage Type: See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road
Listing Office: KW Commercial - Main St
IDX
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.