5261 Milford Road, East Stroudsburg, PA 18032

$635,000
Property Type: Commercial Sale Square Footage: 8,716 Lot Size (sq. ft.): 111,078 Status: Closed
Current Price: $635,000 List Date: 5/31/2019 Last Modified: 2/28/2025

Description

8,716 SF Restaurant/Pub on a 2.55 ac site located in East Stroudsburg, PA along high-traffic Milford Rd (Route 209). Modern, attractive building with strong history of clientele. Near some large community time shares, Shawnee Mountain, Bushkill Conference Center and a large residential community of moderately priced homes with average HH income approx $75,000/yr. Restaurant is fully functional and equipped with both dining and pub areas. PA R Liquor license is included. Additional 1.28 acre adjacent parcel of land is also included (PIN #09734300392263) with added tax of $3,137.

More Information MLS# PM-68585

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $635,000 Current Price: $635,000 Status: Closed Listing Contract Date: 2019-05-31

Location, Tax, and Legal

Parcel Number: 09.7.3.4 Municipality: Middle Smithfield Township High School District: East Stroudsburg Area Cnty&Muni Taxes (Legacy): 3647.46 School Tax Amount: 20368.53 Tax Annual Amount: 24015.99 Tax Assessed Value: 114520 Tax Book Number: 2524/5154 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 8716 Stories: 1 Number Of Buildings: 1 Year Built Source: Other Lot Size Acres: 2.55 List Price/SqFt: 103.26 Sold Price/SqFt: 72.85 Building Area Total: 8716 Year Built: 1962

Remarks and Miscellaneous

Public Historical Remarks: Roof: Ridged, Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C-1 Public Remarks: 8,716 SF Restaurant/Pub on a 2.55 ac site located in East Stroudsburg, PA along high-traffic Milford Rd (Route 209). Modern, attractive building with strong history of clientele. Near some large community time shares, Shawnee Mountain, Bushkill Conference Center and a large residential community of moderately priced homes with average HH income approx $75,000/yr. Restaurant is fully functional and equipped with both dining and pub areas. PA R Liquor license is included. Additional 1.28 acre adjacent parcel of land is also included (PIN #09734300392263) with added tax of $3,137.

Business Type

Restaurant: 1

Special Licenses

Liquor: 1

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Property Condition

Updated/Remodeled: 1

Building Features

Equipment Warranty: 1 Fixtures Included: 1 Number of Levels: 1 Finished Office: 1 Other: 1

Flooring

Carpet: 1

Roof

Other: 1

Cooling

None: 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: 5261 Street Name: Milford Street Suffix: Road City (Post Office): East Stroudsburg State: PA Postal Code: 18032

Status Change Information

Purchase Contract Date: 2019-09-30 Close Date: 2020-01-14 Close Price: 635000

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Business Type: Restaurant Special Licenses: Liquor Property Condition: Updated/Remodeled Building Features: Equipment Warranty; Fixtures Included; Finished Office; Other Flooring: Carpet Roof: Other Cooling: None 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: TACM Commerical Realty Inc.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.