540-542 Main Street, Stroudsburg, PA 18360

$975,000
Property Type: Commercial Sale Square Footage: 10,704 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $975,000 List Date: 1/31/2023 Last Modified: 2/28/2025

Description

8-Unit, Mixed-Use. 100% occupied, well maintained building contains seven apartments ranging in size from studio to one and two bedroom units with a street level commercial space of approximately 2,000 square feet. Owned and operated by a local professional landlord for more than 40 years. Prime Main Street Stroudsburg location with off street parking.

More Information MLS# PM-103640

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $975,000 Current Price: $975,000 Status: Closed Listing Contract Date: 2023-01-31

Location, Tax, and Legal

Parcel Number: 18-2.2.5.14 Municipality: Stroudsburg Borough High School District: Stroudsburg Area Cnty&Muni Taxes (Legacy): 6784.06 School Tax Amount: 15532.1 Tax Annual Amount: 22316.16 Tax Assessed Value: 583760 Tax Book Number: 1049/286 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 8120 Building Area Source: Public Records Stories: 3 SqFt. Below Grade (Legacy): 2584 Year Built Source: Estimated Lot Size Acres: 0.15 List Price/SqFt: 112.11 Sold Price/SqFt: 91.09 Building Area Total: 10704 Year Built: 1902

Remarks and Miscellaneous

Public Historical Remarks: Miscellaneous: Zoning Code C-2 Public Remarks: 8-Unit, Mixed-Use. 100% occupied, well maintained building contains seven apartments ranging in size from studio to one and two bedroom units with a street level commercial space of approximately 2,000 square feet. Owned and operated by a local professional landlord for more than 40 years. Prime Main Street Stroudsburg location with off street parking.

Unit Details

Number Of Units Leased: 8

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1 Trade: 1

Possession

Close Of Escrow: 1

Cooling

Central Air: 1 Wall/Window Unit(s): 1

Heating

Electric: 1

Sewer

Public Sewer: 1

Parking Features

On Site: 1

Road Frontage Type

State Road: 1 City Street: 1

Road Surface Type

Paved: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Monroe Street Number: 540-542 Street Name: Main Street Suffix: Street City (Post Office): Stroudsburg State: PA Postal Code: 18360

Status Change Information

Purchase Contract Date: 2023-02-14 Close Date: 2023-06-27 Close Price: 975000

Property Features

Listing Terms: Cash; Conventional; Owner May Carry; Trade Possession: Close Of Escrow Cooling: Central Air; Wall/Window Unit(s) Heating: Electric Sewer: Public Sewer Parking Features: On Site Road Frontage Type: State Road; City Street Road Surface Type: Paved Road Responsibility: Public Maintained Road
Listing Office: SER Commercial Real Estate, LLC
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.