1403 Pocono Boulevard, Mount Pocono, PA 18344
$990,000
Property Type:
Commercial Sale
Square Footage:
6,584
Lot Size (sq. ft.):
54,014
Status:
Closed
Current Price:
$990,000
List Date:
6/24/2021
Last Modified:
2/27/2025
Overview
Description
Listing Details MLS# PM-83548
General Property Information
- Above Grade Finished Area
- 6584
- Building Area Total
- 6584
- Building Area Source
- Estimated
- Stories
- 2
- Year Built
- 1978
- Year Built Source
- Estimated
- Business Name
- Casino Movie Theater & Malt Shop
- Lot Size Acres
- 1.24
- List Price/SqFt
- 165.4
- Sold Price/SqFt
- 150.36
Property Features
Listing Terms:
Cash; Conventional
Possession:
Close Of Escrow
Current Use:
Commercial
Possible Use:
Recreational
Business Type:
Bar/Tavern/Lounge; Fast Food; Food & Beverage; Restaurant; Retail; Professional Service
Building Features:
Equipment Warranty; Fixtures Included; Inventory Included; Other
Roof:
Flat
Cooling:
Central Air
Heating:
Electric; Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Parking Features:
On Site
Lot Features:
Near Public Transit
Road Frontage Type:
State Road
Road Surface Type:
Paved; Asphalt
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2020-12-04
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Monroe
- Street Number
- 1403
- Street Name
- Pocono
- Street Suffix
- Boulevard
- City (Post Office)
- Mount Pocono
- State
- PA
- Postal Code
- 18344
Remarks and Miscellaneous
- Public Historical Remarks
- Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C-1 Commercial
- Public Remarks
- TURN KEY BUSINESS!!! WELL KNOWN HISTORIC FAMILY BUSINESS FOR SALE IN THE POCONOS. The 6584 sqft Casino Theatre & Malt Shoppe has been around since 1975. This gem in the heart of the Poconos is home to two Movie Theaters that seat 300 people, a Restaurant and an Ice Cream Parlor. This business has adapted and navigated well through the COVID 19 crisis. It is geographically near Mt. Airy Casino, Camelback, Kalahari, and Great Wolf Lodge. GREAT NOI, & AN EXCEPTIONAL CAP RATE. Property serviced with public water and sewer.
Status Change Information
- Purchase Contract Date
- 2021-06-30
- Close Date
- 2021-09-29
- Close Price
- 990000
More Information
Location, Tax, and Legal
- Parcel Number
- 10.4.2.45-2
- Municipality
- Mount Pocono Borough
- High School District
- Pocono Mountain
- Cnty&Muni Taxes (Legacy)
- 6156.28
- School Tax Amount
- 14967.17
- Tax Annual Amount
- 21123.44
- Tax Assessed Value
- 751930
- Tax Book Number
- 2515/4561
- Zoning Description
- Commercial
Business Type
- Bar/Tavern/Lounge
- Yes
- Fast Food
- Yes
- Food & Beverage
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Professional Service
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Current Use
- Commercial
- Yes
Possible Use
- Recreational
- Yes
Building Features
- Equipment Warranty
- Yes
- Fixtures Included
- Yes
- Inventory Included
- Yes
- Other
- Yes
Roof
- Flat
- Yes
Cooling
- Central Air
- Yes
Heating
- Electric
- Yes
- Natural Gas
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Parking Features
- On Site
- Yes
Lot Features
- Near Public Transit
- Yes
Road Frontage Type
- State Road
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
KW Commercial - Park Ave
Last Updated: February - 27 - 2025
Information deemed reliable but not guaranteed.
