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.
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.

