3051 Route 940, Pocono Summit, PA 18346
$750,000
Property Type:
Commercial Sale
Square Footage:
6,056
Lot Size (sq. ft.):
102,802
Status:
Closed
Current Price:
$750,000
List Date:
3/18/2019
Last Modified:
5/09/2025
Description
Retail location for sale in Pocono Summit. The 6,056 square foot building is currently occupied by Monro Auto Service and Tire Center but will be vacated in August 2019. Building is situated on 2.36 acres and zoned C-3 in Coolbaugh Township, which makes this property an ideal repurpose location for many of the permitted retail uses. High traffic location with 18,104 ADT. Shared access easement with ingress/egress along Route 940 West. Property is serviced by on-site well and septic.
More Information MLS# PM-65976
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $750,000
Current Price: $750,000
Status: Closed
Listing Contract Date: 2019-03-18
Location, Tax, and Legal
Parcel Number: 03.5.2.120
Municipality: Coolbaugh Township
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 1895.4
School Tax Amount: 6575.09
Tax Annual Amount: 8421.89
Tax Assessed Value: 48600
Tax Book Number: 1750/724
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 6056
Stories: 1
Number Of Buildings: 1
Year Built Source: Other
Lot Size Acres: 2.36
List Price/SqFt: 131.94
Sold Price/SqFt: 123.84
Building Area Total: 6056
Year Built: 1991
Remarks and Miscellaneous
Public Historical Remarks: Warranty: None, Level: Single, Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C-3
Public Remarks: Retail location for sale in Pocono Summit. The 6,056 square foot building is currently occupied by Monro Auto Service and Tire Center but will be vacated in August 2019. Building is situated on 2.36 acres and zoned C-3 in Coolbaugh Township, which makes this property an ideal repurpose location for many of the permitted retail uses. High traffic location with 18,104 ADT. Shared access easement with ingress/egress along Route 940 West. Property is serviced by on-site well and septic.
Unit Details
Number Of Units Leased: 1
Business Type
Restaurant: 1
Professional Service: 1
Professional/Office: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Existing Lease Type
NNN: 1
Disclosures
Right of First Refusal: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Possible Use
Retail: 1
Automotive: 1
Medical/Dental: 1
Building Features
Number of Levels: 1
Other: 1
Rail Road Track
None: 1
Cooling
Central Air: 1
Heating
Electric: 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: 3051
Street Name: Route 940
City (Post Office): Pocono Summit
State: PA
Postal Code: 18346
Status Change Information
Purchase Contract Date: 2019-06-10
Close Date: 2019-12-24
Close Price: 750000
Property Features
Listing Terms: Cash; Conventional; Owner May Carry
Existing Lease Type: NNN
Disclosures: Right of First Refusal
Possession: Close Of Escrow
Current Use: Commercial
Possible Use: Automotive; Medical/Dental; Retail
Business Type: Restaurant; Professional Service; Professional/Office
Building Features: Other
Rail Road Track: None
Cooling: Central Air
Heating: Electric
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:
KW Commercial - Main St
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.
