798 115 Route, Saylorsburg, PA 18353

$830,000
Property Type: Commercial Sale Square Footage: 11,460 Lot Size (sq. ft.): 639,461 Status: Closed
Current Price: $830,000 List Date: 7/14/2022 Last Modified: 2/28/2025

Description

ATTENTION INVESTORS / DEVELOPERS !! There is a tremendous opportunity to unlock in this commercially zoned property. This 15+/-ac site, with an 11,400+ Sq Ft. building, is in a Prime Location on busy State Route 115 with 11,000+/- ADT. Additionally, this commercial site sits just 1/2 mile from the interchange with Route 33, the highway connecting to the Lehigh Valley. C-1 Zoning allows for Multi-Family, Retail, Mixed,-Use, Hotel/Motel, Self Storage, and many other uses. This historic inn is located on a busy road with 14 plus acres of land including a beautiful pond. This 11,400+ square foot inn has a huge dining area and banquet hall with two bars. The property once held a hotel liquor license, has a full kitchen and prep area.

Supplements: Currently non-operating, this building has 25 bedrooms, 17 bathrooms, lobby and restaurant. This is a potentially great location for a multi-family conversion, wedding/event venue, bed and breakfast, restaurant with bar, hotel, or mixed-use project. The possibilities are endless for this historic property, on a huge lot, in a great location. just minutes from the Lehigh Valley. Conceptual Plans are available for Retail Pad and Storage units. Large grant in place for PennDOT access improvements. Fully Transferable. Call today for more information.

More Information MLS# PM-99061

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $830,000 Current Price: $830,000 Status: Closed Listing Contract Date: 2022-07-05

Location, Tax, and Legal

Parcel Number: 07.12.4.14-1 Municipality: Hamilton Township High School District: Stroudsburg Area Cnty&Muni Taxes (Legacy): 1230.14 School Tax Amount: 9255.51 Tax Annual Amount: 10485.65 Tax Assessed Value: 347860 Tax Book Number: 2536/9041 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 11460 Below Grade Finished Area: 0 Building Area Source: Public Records Stories: 2 Year Built Source: Estimated Leasable Area: 11460 Lot Size Acres: 14.68 List Price/SqFt: 86.82 Sold Price/SqFt: 72.43 Building Area Total: 11460 Year Built: 1902

Remarks and Miscellaneous

Public Historical Remarks: Miscellaneous: Zoning Code C-1 Public Remarks: ATTENTION INVESTORS / DEVELOPERS !! There is a tremendous opportunity to unlock in this commercially zoned property. This 15+/-ac site, with an 11,400+ Sq Ft. building, is in a Prime Location on busy State Route 115 with 11,000+/- ADT. Additionally, this commercial site sits just 1/2 mile from the interchange with Route 33, the highway connecting to the Lehigh Valley. C-1 Zoning allows for Multi-Family, Retail, Mixed,-Use, Hotel/Motel, Self Storage, and many other uses. This historic inn is located on a busy road with 14 plus acres of land including a beautiful pond. This 11,400+ square foot inn has a huge dining area and banquet hall with two bars. The property once held a hotel liquor license, has a full kitchen and prep area.

Business Type

Bar/Tavern/Lounge: 1 Food & Beverage: 1 Bed & Breakfast: 1 Hotel/Motel: 1 Storage: 1

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Possible Use

Residential: 1 Recreational: 1 Retail: 1 Multi-Family: 1 Place of Worship: 1

Electric

3 Phase: 1

Cooling

None: 1

Heating

Oil: 1

Water Source

Public: 1

Sewer

Septic Tank: 1

Road Frontage Type

State Road: 1

Road Surface Type

Paved: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Monroe Street Number: 798 Street Name: 115 Street Suffix: Route City (Post Office): Saylorsburg State: PA Postal Code: 18353

Status Change Information

Purchase Contract Date: 2022-09-19 Close Date: 2022-11-17 Close Price: 830000

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Possible Use: Recreational; Residential; Multi-Family; Place of Worship; Retail Business Type: Bar/Tavern/Lounge; Food & Beverage; Bed & Breakfast; Hotel/Motel; Storage Electric: 3 Phase Cooling: None Heating: Oil Water Source: Public Sewer: Septic Tank Road Frontage Type: State Road Road Surface Type: Paved Road Responsibility: Public Maintained Road
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.