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101 Broad Street, Delaware Water Gap, PA 18327 (MLS# PM-42072)

101 Broad Street, Delaware Water Gap, PA 18327

$900,000
Property Type: Commercial Sale Square Footage: 52,085 Lot Size (sq. ft.): 269,201 Status: Closed
Current Price: $900,000 List Date: 12/09/2016 Last Modified: 5/09/2025

Overview

Description

104 room hotel off Interstate 80. The 52,000 square foot building has a large restaurant, bar, conference areas and indoor pool. This is the first lodging establishment over the bridge from the New Jersey state line. Discounted price due to major renovations needed. No financials available. Other income streams may be available on this 6-acre site.

Listing Details MLS# PM-42072

General Property Information

Above Grade Finished Area
52085
Building Area Total
52085
Stories
2
Number Of Buildings
Yes
Leasable Area
52085
Year Built
1975
Year Built Source
Other
Business Name
Pocono Inn at Water Gap
Lot Size Acres
6.18
List Price/SqFt
28.8
Sold Price/SqFt
17.28
Below Grade Finished Area
0

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Business Type: Restaurant; Hotel/Motel Special Licenses: Liquor Building Features: Other Cooling: Central Air; Wall/Window Unit(s) Heating: Electric Water Source: Public Sewer: Public Sewer Parking Features: On Site Lot Features: Near Public Transit Road Frontage Type: City Street Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2016-11-09
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
101
Street Name
Broad
Street Suffix
Street
City (Post Office)
Delaware Water Gap
State
PA
Postal Code
18327

Remarks and Miscellaneous

Public Historical Remarks
Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code I and VC-2
Public Remarks
104 room hotel off Interstate 80. The 52,000 square foot building has a large restaurant, bar, conference areas and indoor pool. This is the first lodging establishment over the bridge from the New Jersey state line. Discounted price due to major renovations needed. No financials available. Other income streams may be available on this 6-acre site.

Status Change Information

Purchase Contract Date
2016-11-09
Close Date
2016-12-09
Close Price
900000

More Information

Unit Details

Number Of Units Leased
104

Building Features

Number of Levels
2
Other
Yes

Location, Tax, and Legal

Parcel Number
16.8.2.33
Municipality
Smithfield Township
High School District
East Stroudsburg Area
Cnty&Muni Taxes (Legacy)
9456.75
School Tax Amount
63832.18
Tax Annual Amount
73288.93
Tax Assessed Value
358890
Tax Book Number
2168/905
Zoning Description
Commercial

Business Type

Restaurant
Yes
Hotel/Motel
Yes

Special Licenses

Liquor
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Heating

Electric
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Parking Features

On Site
Yes

Lot Features

Near Public Transit
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: KW Commercial - Main St
IDX
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.