2487 Milford Road, East Stroudsburg, PA 18301
$1,715,000
Property Type:
Commercial Sale
Square Footage:
19
Lot Size (sq. ft.):
201,247
Status:
Closed
Current Price:
$1,715,000
List Date:
2/22/2023
Last Modified:
2/27/2025
Description
Commercial investment for sale in East Stroudsburg. The 8-unit property consists of 4 buildings with 82.3% occupancy. Property offers 119 parking spaces and visibility along Business Route 209. Mixed tenants include Enterprise, automotive, and a church.
More Information MLS# PM-86708
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,715,000
Current Price: $1,715,000
Status: Closed
Listing Contract Date: 2021-04-20
Location, Tax, and Legal
Parcel Number: 16.7.1.64
Municipality: Smithfield Township
High School District: East Stroudsburg Area
Cnty&Muni Taxes (Legacy): 4841.58
School Tax Amount: 37069.21
Tax Annual Amount: 41910.79
Tax Assessed Value: 1206680
Tax Book Number: 2434/7998
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 18957
Building Area Source: Public Records
Stories: 1
Number Of Buildings: 4
Year Built Source: Other
Lot Size Acres: 4.62
List Price/SqFt: 97521.1
Sold Price/SqFt: 90453.59
Building Area Total: 18.96
Year Built: 1947
Remarks and Miscellaneous
Public Historical Remarks: Location: FreeStnd, Ceiling: 0-9FT,10-12FT, Miscellaneous: Zoning Code C-1
Public Remarks: Commercial investment for sale in East Stroudsburg. The 8-unit property consists of 4 buildings with 82.3% occupancy. Property offers 119 parking spaces and visibility along Business Route 209. Mixed tenants include Enterprise, automotive, and a church.
Unit Details
Number Of Units Leased: 8
Business Type
Restaurant: 1
Professional Service: 1
Professional/Office: 1
Listing Terms
Cash: 1
Conventional: 1
Disclosures
Right of First Refusal: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Office: 1
Possible Use
Retail: 1
Automotive: 1
Medical/Dental: 1
Place of Worship: 1
Building Features
Ceiling Height: 9
Number of Levels: 1
Other: 1
Rail Road Track
None: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Heating
Electric: 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: 2487
Street Name: Milford
Street Suffix: Road
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18301
Status Change Information
Price Change Timestamp: 2022-11-17T14:18:29Z
Purchase Contract Date: 2023-08-16
Close Date: 2023-11-30
Close Price: 1715000
Property Features
Listing Terms: Cash; Conventional
Disclosures: Right of First Refusal
Possession: Close Of Escrow
Current Use: Commercial; Office
Possible Use: Automotive; Medical/Dental; Place of Worship; Retail
Business Type: Restaurant; Professional Service; Professional/Office
Building Features: Other
Rail Road Track: None
Cooling: Central Air; Wall/Window Unit(s)
Heating: Electric
Sewer: Septic Tank
Parking Features: On Site
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
SER Commercial Real Estate, LLC
Last Updated: February - 27 - 2025
Information deemed reliable but not guaranteed.
