2480 Paradise Trail, East Stroudsburg, PA 18301

$688,000
Property Type: Commercial Sale Square Footage: 130,480 Lot Size (sq. ft.): 2,690,266 Status: Closed
Current Price: $688,000 List Date: 12/23/2016 Last Modified: 2/28/2025

Description

Former Penn Hills Resort sitting on 61+/- acres on either side of Rte 191 in Stroud Township. Extremely rare, privately owned property that abuts Brodhead Creek which is a classified as a high quality stream, famous for its fly fishing and stocked trout. Property features 12 Townhouses featuring 1 Bedroom triplex suites, 20 Bungalows, 50 Room Hotel w/Tiki Bar and 2nd floor Veranda, 27 2 Bedroom Villas, 20,000 square foot restaurant and catering hall, 20,000 square feet entertainment complex with adjoining offices, 3 Maintenance Sheds, 1 Administrative Building.

More Information MLS# PM-42366

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $688,000 Current Price: $688,000 Status: Closed Listing Contract Date: 2016-12-23

Location, Tax, and Legal

Parcel Number: 17639300956072 Municipality: Stroud Township High School District: Stroudsburg Area Cnty&Muni Taxes (Legacy): 236.56 School Tax Amount: 1020.62 Tax Annual Amount: 1257.18 Tax Assessed Value: 6250 Tax Book Number: 2421/9677 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 130480 Stories: 1 Year Built Source: Other Lot Size Acres: 61.76 List Price/SqFt: 6.89 Sold Price/SqFt: 5.27 Building Area Total: 130480 Year Built: 1967

Remarks and Miscellaneous

Public Historical Remarks: Roof: Ridged, Level: Multi, Exterior Amenities: Sign, Miscellaneous: Zoning Code Comm Public Remarks: Former Penn Hills Resort sitting on 61+/- acres on either side of Rte 191 in Stroud Township. Extremely rare, privately owned property that abuts Brodhead Creek which is a classified as a high quality stream, famous for its fly fishing and stocked trout. Property features 12 Townhouses featuring 1 Bedroom triplex suites, 20 Bungalows, 50 Room Hotel w/Tiki Bar and 2nd floor Veranda, 27 2 Bedroom Villas, 20,000 square foot restaurant and catering hall, 20,000 square feet entertainment complex with adjoining offices, 3 Maintenance Sheds, 1 Administrative Building.

Business Type

Restaurant: 1 Bed & Breakfast: 1 Hotel/Motel: 1 Camp Ground: 1 Professional/Office: 1

Listing Terms

Cash: 1 Conventional: 1 Special Funding: 1

Possession

Close Of Escrow: 1

Possible Use

Medical/Dental: 1 Multi-Family: 1 Place of Worship: 1

Building Features

Fixtures Included: 1 Other: 1

Construction Materials

Brick: 1 Frame: 1

Roof

Flat: 1 Other: 1

Cooling

Central Air: 1

Heating

Electric: 1 Natural Gas: 1 Oil: 1

Water Source

Well: 1

Sewer

Septic Tank: 1

Parking Features

On Site: 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: 2480 Street Name: Paradise Street Suffix: Trail City (Post Office): East Stroudsburg State: PA Postal Code: 18301

Status Change Information

Purchase Contract Date: 2017-02-16 Close Date: 2017-05-19 Close Price: 688000

Property Features

Listing Terms: Cash; Conventional; Special Funding Possession: Close Of Escrow Possible Use: Medical/Dental; Multi-Family; Place of Worship Business Type: Restaurant; Bed & Breakfast; Hotel/Motel; Camp Ground; Professional/Office Building Features: Fixtures Included; Other Construction Materials: Brick; Frame Roof: Flat; Other Cooling: Central Air Heating: Electric; Natural Gas; Oil Water Source: Well Sewer: Septic Tank Parking Features: On Site Road Frontage Type: State Road Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road
Listing Office: Coldwell Banker Commercial Pennco R.E.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.