3360 Route 940, Mount Pocono, PA 18344

$989,800
Property Type: Commercial Sale Square Footage: 2,840 Lot Size (sq. ft.): 50,965 Status: Active
Current Price: $989,800 List Date: 3/21/2025 Last Modified: 3/31/2025

Description

First Time Offered - Premier Turnkey Short-Term Rental Investment in the Heart of Mount Pocono! Welcome to a rare opportunity to own a fully reimagined, multi-use commercial gem in the absolute center of the Pocono Mountains' top tourist destinations. Originally constructed as a professional office building, this property has been meticulously transformed into a luxury short-term rental (STR) investment portfolio, featuring three distinct, high-end units—each fully approved and thoughtfully designed to appeal to a range of travelers. The property includes: • A stylish 1-bedroom, 1-bath unit perfect for couples and solo travelers • A comfortable 2-bedroom, 1-bath unit ideal for small families • A spacious 4-bedroom, 2-bath unit that caters to larger groups and gatherings According to Price Labs, this STR configuration has the potential to generate up to $190,000 per year, making it a rare find in one of the hottest short-term rental markets in the Northeast. Location is everything—and this one is unbeatable. Situated just minutes from all the region's major attractions: • Under 5 minutes to Kalahari Resort and Mount Airy Casino • Under 10 minutes to Camelback Mountain Resort, Aquatopia, Camelbeach, Great Wolf Lodge, and The Crossings Premium Outlets • 15 minutes to Jack Frost/Big Boulder Ski Areas, Lake Harmony, Pocono Raceway, multiple golf courses, lakes, and state parks Whether you're expanding your STR portfolio or seeking a flexible-use property with multi-unit cash flow, this building offers both current performance and future potential. It includes two tax parcels, one of which houses an expansive parking lot that could support future development, additional units, or reconversion to other commercial uses. The property has never been professionally marketed or managed, yet it has already achieved strong part-time income of —imagine what it could do with full-scale STR management and marketing.

Supplements: One unit is currently owner-occupied, with the others rented casually, making this an ideal scenario for a live-in investor or fully remote operation. Do not miss this chance to own a turnkey, 5-star rated STR property in one of the most visited vacation regions in the Northeast. Due to active occupancy, showings will require advance coordinationplease plan accordingly. Schedule your private tour today and secure your piece of the Poconos' booming short-term rental market!

More Information MLS# PM-130581

Contract Information

Property Sub Type: Mixed Use Property Attached YN: No List Price: $989,800 Current Price: $989,800 Rent Control YN: No Status: Active Listing Contract Date: 2025-03-21 Listing Service: Full Service Lease Considered YN: No Subsurface Rights YN: No

Location Tax and Legal

County: Monroe Street Number: 3360 Street Name: Route 940 City (Post Office): Mount Pocono State: PA Postal Code: 18344 Subdivision Name: None

General Property Information

Above Grade Finished Area: 2840 Building Area Total: 2840 Building Area Source: Public Records Stories: 2 Number Of Buildings: 1 Year Built: 1993 Year Built Source: Public Records Direction Faces: East Green Features YN: No Basement YN: Yes Power Production/Storage YN: No Garage YN: No Carport YN: No Open Parking YN: Yes Open Parking Spaces: 10 Lot Size Acres: 1.17 Lot Dimensions Source: Public Records Water Body Access YN: No Sign On Property YN: No List Price/SqFt: 348.52

Remarks and Miscellaneous

Public Remarks: First Time Offered - Premier Turnkey Short-Term Rental Investment in the Heart of Mount Pocono! Welcome to a rare opportunity to own a fully reimagined, multi-use commercial gem in the absolute center of the Pocono Mountains' top tourist destinations. Originally constructed as a professional office building, this property has been meticulously transformed into a luxury short-term rental (STR) investment portfolio, featuring three distinct, high-end units—each fully approved and thoughtfully designed to appeal to a range of travelers. The property includes: • A stylish 1-bedroom, 1-bath unit perfect for couples and solo travelers • A comfortable 2-bedroom, 1-bath unit ideal for small families • A spacious 4-bedroom, 2-bath unit that caters to larger groups and gatherings According to Price Labs, this STR configuration has the potential to generate up to $190,000 per year, making it a rare find in one of the hottest short-term rental markets in the Northeast. Location is everything—and this one is unbeatable. Situated just minutes from all the region's major attractions: • Under 5 minutes to Kalahari Resort and Mount Airy Casino • Under 10 minutes to Camelback Mountain Resort, Aquatopia, Camelbeach, Great Wolf Lodge, and The Crossings Premium Outlets • 15 minutes to Jack Frost/Big Boulder Ski Areas, Lake Harmony, Pocono Raceway, multiple golf courses, lakes, and state parks Whether you're expanding your STR portfolio or seeking a flexible-use property with multi-unit cash flow, this building offers both current performance and future potential. It includes two tax parcels, one of which houses an expansive parking lot that could support future development, additional units, or reconversion to other commercial uses. The property has never been professionally marketed or managed, yet it has already achieved strong part-time income of —imagine what it could do with full-scale STR management and marketing. Inclusions: Appliances in Unit 102 & 103 are included in sale. Exclusions: Appliances in Unit 101 are not included in sale.

Power Production

Power Production Ownership: Seller Owned

Property Features

Special Listing Conditions: Standard Listing Terms: Cash; Conventional Owner Pays: All Utilities Financial Data Source: Owner Possession: Close Of Escrow Structure Type: Hotel/Motel; Mixed Use Current Use: Commercial; Residential; Investment; Mixed Use Possible Use: Commercial; Residential; Investment; Mixed Use Business Type: Hospitality; Hotel/Motel; Rental Property Condition: Updated/Remodeled Building Features: Turnkey Operations; Prime Location; Fixtures Included Flooring: Laminate Construction Materials: Brick; Stucco; Vinyl Siding Basement: Full; Daylight; Interior Entry; Exterior Entry; Walk-Out Access; Finished; Apartment; Heated; Concrete; Storage Space Roof: Asphalt; Fiberglass Electric: 200+ Amp Service; Circuit Breakers Cooling: Central Air; Electric; Zoned Heating: Baseboard; Forced Air; Electric Security Features: Smoke Detector(s) Water Source: Well Sewer: Public Sewer Utilities: Phone Available; Cable Available Parking Features: Parking Lot; Off Street; Guest; Private; Driveway; Paved Lot Features: Near Golf Course; Near Public Transit; Cleared; Few Trees; Landscaped Road Frontage Type: State Road Road Surface Type: Paved Road Responsibility: Public Maintained Road Water Body View: No
Listing Office: Keller Williams Real Estate - Stroudsburg 637 Main
Last Updated: March - 31 - 2025
3360 Route 940, Mount Pocono, PA 18344- MLS# PM-130581
Information deemed reliable but not guaranteed.