60 Washington Street, East Stroudsburg, PA 18301
$1,100,000
Property Type:
Commercial Sale
Square Footage:
19,524
Lot Size (sq. ft.):
42,689
Status:
Closed
Current Price:
$1,100,000
List Date:
4/24/2024
Last Modified:
3/03/2025
Description
Former bank branch located in downtown East Stroudsburg near revitalized Crystal Street and future passenger rail station. Over 19,000 square feet on three elevator served floors with separate 288 square foot former, 4-lane drive through building. Approximately 50 parking spaces. Redevelopment opportunity for mixed-use with first-floor commercial space and apartments on upper levels. Full public utilities. Contact Borough to confirm potential use(s).
More Information MLS# PM-114564
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,100,000
Current Price: $1,100,000
Status: Closed
Listing Contract Date: 2024-04-22
Location, Tax, and Legal
Parcel Number: 05-3.1.4.17
Municipality: East Stroudsburg Borough
High School District: East Stroudsburg Area
Cnty&Muni Taxes (Legacy): 16646.21
School Tax Amount: 64685.75
Tax Annual Amount: 81332
Tax Assessed Value: 2068620
Tax Book Number: 531/130
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 19524
Building Area Source: Public Records
Stories: 3
Year Built Source: Estimated
Lot Size Acres: 0.98
List Price/SqFt: 81.9
Sold Price/SqFt: 56.34
Building Area Total: 19524
Year Built: 1902
Remarks and Miscellaneous
Public Historical Remarks: Utility Service: 500-800A, Miscellaneous: Zoning Code C-1A
Public Remarks: Former bank branch located in downtown East Stroudsburg near revitalized Crystal Street and future passenger rail station. Over 19,000 square feet on three elevator served floors with separate 288 square foot former, 4-lane drive through building. Approximately 50 parking spaces. Redevelopment opportunity for mixed-use with first-floor commercial space and apartments on upper levels. Full public utilities. Contact Borough to confirm potential use(s).
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Electric
200+ Amp Service: 1
Cooling
Central Air: 1
Heating
Natural Gas: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Lot Features
Corner Lot: 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: 60
Street Name: Washington
Street Suffix: Street
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18301
Status Change Information
Purchase Contract Date: 2024-06-27
Close Date: 2024-09-30
Close Price: 1100000
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Electric: 200+ Amp Service
Cooling: Central Air
Heating: Natural Gas
Water Source: Public
Sewer: Public Sewer
Lot Features: Corner Lot
Road Frontage Type: State Road; City Street
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Listing Office:
SER Commercial Real Estate, LLC
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
