344 Main Street, Stroudsburg, PA 18360
$725,000
Property Type:
Commercial Sale
Square Footage:
24,660
Lot Size (sq. ft.):
20,038
Status:
Closed
Current Price:
$725,000
List Date:
11/14/2022
Last Modified:
2/28/2025
Description
Good project opportunity with plenty of upside. 24,000+ SF mixed use commercial building in the heart of Stroudsburg Monroe County PA. Priced at approximately $36/SF includes 5 apartments, and 20,200 SF commercial retail space. Present rent roll estimated at $65,000/yr. Building is need of repairs and improvements but provides base for significant increase in cash flow. Motivated seller.
More Information MLS# PM-102295
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $725,000
Current Price: $725,000
Status: Closed
Listing Contract Date: 2022-11-14
Location, Tax, and Legal
Parcel Number: 18-1.1.13.16
Municipality: Stroudsburg Borough
High School District: Stroudsburg Area
Cnty&Muni Taxes (Legacy): 13071.3
School Tax Amount: 29926.76
Tax Annual Amount: 42998.06
Tax Assessed Value: 1124770
Tax Book Number: 2269,2405/5832,4782
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 24660
Building Area Source: Estimated
Stories: 2
Year Built Source: Estimated
Lot Size Acres: 0.46
List Price/SqFt: 36.29
Sold Price/SqFt: 29.4
Building Area Total: 24660
Year Built: 1920
Remarks and Miscellaneous
Public Historical Remarks: Road Type: Rt-way, Miscellaneous: Zoning Code C-1A
Public Remarks: Good project opportunity with plenty of upside. 24,000+ SF mixed use commercial building in the heart of Stroudsburg Monroe County PA. Priced at approximately $36/SF includes 5 apartments, and 20,200 SF commercial retail space. Present rent roll estimated at $65,000/yr. Building is need of repairs and improvements but provides base for significant increase in cash flow. Motivated seller.
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Possible Use
Retail: 1
Multi-Family: 1
Building Features
Number of Levels: 2
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Road Frontage Type
State Road: 1
See Remarks: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 344
Street Name: Main
Street Suffix: Street
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Status Change Information
Purchase Contract Date: 2023-03-01
Close Date: 2023-05-30
Close Price: 725000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Commercial
Possible Use: Multi-Family; Retail
Cooling: Wall/Window Unit(s)
Heating: Electric
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: State Road; See Remarks
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Listing Office:
TACM Commerical Realty Inc.
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.
