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1245 Pocono Boulevard, Mount Pocono, PA 18344 (MLS# PM-110021)

1245 Pocono Boulevard, Mount Pocono, PA 18344

$650,000
Property Type: Commercial Sale Square Footage: 5,450 Lot Size (sq. ft.): 22,216 Status: Closed
Current Price: $650,000 List Date: 10/06/2023 Last Modified: 2/20/2025

Overview

Description

Fully equipped profitable laundromat serving the majority of Mt Pocono Borough residents. Strong cash flow, newer equipment, free standing building with dedicated on-site parking. Recent water system upgrades and parking lot resurfacing. Additional rental income from 2 commercial store fronts and an efficiency residential unit totaling approx $25,000/yr. Financials provided upon request with qualified buyers.

Listing Details MLS# PM-110021

General Property Information

Above Grade Finished Area
5450
Building Area Total
5450
Building Area Source
Public Records
Stories
2
Year Built
1968
Year Built Source
Other
Lot Size Acres
0.51
List Price/SqFt
275.23
Sold Price/SqFt
119.27

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Business Type: Laundromat Cooling: None Heating: Electric Water Source: Public Sewer: Public Sewer Road Frontage Type: See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2023-09-29
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
1245
Street Name
Pocono
Street Suffix
Boulevard
City (Post Office)
Mount Pocono
State
PA
Postal Code
18344

Remarks and Miscellaneous

Public Historical Remarks
Road Type: Twp-rd, Miscellaneous: Zoning Code C
Public Remarks
Fully equipped profitable laundromat serving the majority of Mt Pocono Borough residents. Strong cash flow, newer equipment, free standing building with dedicated on-site parking. Recent water system upgrades and parking lot resurfacing. Additional rental income from 2 commercial store fronts and an efficiency residential unit totaling approx $25,000/yr. Financials provided upon request with qualified buyers.

Status Change Information

Purchase Contract Date
2023-10-06
Close Date
2023-11-30
Close Price
650000

More Information

Location, Tax, and Legal

Parcel Number
10.6.1.19-1
Municipality
Mount Pocono Borough
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
3099.95
School Tax Amount
7067.87
Tax Annual Amount
10167.82
Tax Assessed Value
355080
Tax Book Number
2339/2241
Zoning Description
Commercial

Business Type

Laundromat
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Cooling

None
Yes

Heating

Electric
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Road Frontage Type

See Remarks
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: February - 20 - 2025
Information deemed reliable but not guaranteed.