1420 Pocono Boulevard, Mount Pocono, PA 18344
$575,000
Property Type:
Commercial Sale
Square Footage:
5,104
Lot Size (sq. ft.):
13,068
Status:
Closed
Current Price:
$575,000
List Date:
6/23/2020
Last Modified:
5/09/2025
Overview
Description
Listing Details MLS# PM-78470
General Property Information
- Above Grade Finished Area
- 5104
- Building Area Total
- 5104
- Stories
- Yes
- Number Of Buildings
- Yes
- Year Built
- 1930
- Year Built Source
- Other
- Lot Size Acres
- 0.3
- Sign On Property YN
- No
- List Price/SqFt
- 117.36
- Sold Price/SqFt
- 112.66
Property Features
Listing Terms:
Cash; Conventional
Possession:
Close Of Escrow
Current Use:
Commercial; Residential
Possible Use:
Residential; Investment; Multi-Family; Retail
Business Type:
Barber/Beauty; Convenience Store
Building Features:
Other
Rail Road Track:
None
Construction Materials:
Frame
Roof:
Other
Cooling:
Wall/Window Unit(s)
Heating:
Electric
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
- 2020-06-23
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Monroe
- Street Number
- 1420
- Street Name
- Pocono
- Street Suffix
- Boulevard
- City (Post Office)
- Mount Pocono
- State
- PA
- Postal Code
- 18344
Remarks and Miscellaneous
- Public Historical Remarks
- Warranty: None, Roof: Ridged, Location: FreeStnd, Exterior Amenities: Sign, Ceiling: 0-9FT, Miscellaneous: Zoning Code C-1
- Public Remarks
- 10.3% CAP. Mixed-use investment for sale in Mount Pocono. The 6 unit consist of a tobacco store, salon and 4 apartments - currently 100% occupied. Residential units consist of two 1-bedroom apartments and two 2-bedroom apartments.
Status Change Information
- Purchase Contract Date
- 2020-12-01
- Close Date
- 2021-03-19
- Close Price
- 575000
More Information
Unit Details
- Number Of Units Leased
- 6
Income and Expenses
- Cap Rate
- 10.3
Building Features
- Ceiling Height
- 9
- Number of Levels
- 2
- Other
- Yes
Road Frontage Type
- Road Frontage Length
- 62
- State Road
- Yes
Location, Tax, and Legal
- Parcel Number
- 10.8.5.17
- Municipality
- Mount Pocono Borough
- High School District
- Pocono Mountain
- Cnty&Muni Taxes (Legacy)
- 2827.24
- School Tax Amount
- 6873.59
- Tax Annual Amount
- 9700.83
- Tax Assessed Value
- 345320
- Tax Book Number
- 2342/4610
- Zoning Description
- Commercial
Business Type
- Barber/Beauty
- Yes
- Convenience Store
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Current Use
- Residential
- Yes
- Commercial
- Yes
Possible Use
- Residential
- Yes
- Retail
- Yes
- Investment
- Yes
- Multi-Family
- Yes
Rail Road Track
- None
- Yes
Construction Materials
- Frame
- Yes
Roof
- Other
- Yes
Cooling
- 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 Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
KW Commercial - Main St
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.
