2487 Milford Road, East Stroudsburg, PA 18301
$1,715,000
Property Type:
Commercial Sale
Square Footage:
19
Lot Size (sq. ft.):
201,247
Status:
Closed
Current Price:
$1,715,000
List Date:
2/22/2023
Last Modified:
2/27/2025
Overview
Description
Listing Details MLS# PM-86708
General Property Information
- Above Grade Finished Area
- 18957
- Building Area Total
- 18.96
- Building Area Source
- Public Records
- Stories
- Yes
- Number Of Buildings
- 4
- Year Built
- 1947
- Year Built Source
- Other
- Lot Size Acres
- 4.62
- List Price/SqFt
- 97521.1
- Sold Price/SqFt
- 90453.59
Property Features
Listing Terms:
Cash; Conventional
Disclosures:
Right of First Refusal
Possession:
Close Of Escrow
Current Use:
Commercial; Office
Possible Use:
Automotive; Medical/Dental; Place of Worship; Retail
Business Type:
Restaurant; Professional Service; Professional/Office
Building Features:
Other
Rail Road Track:
None
Cooling:
Central Air; Wall/Window Unit(s)
Heating:
Electric
Sewer:
Septic Tank
Parking Features:
On Site
Road Frontage Type:
State Road
Road Surface Type:
Paved; Asphalt
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2021-04-20
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Monroe
- Street Number
- 2487
- Street Name
- Milford
- Street Suffix
- Road
- City (Post Office)
- East Stroudsburg
- State
- PA
- Postal Code
- 18301
Remarks and Miscellaneous
- Public Historical Remarks
- Location: FreeStnd, Ceiling: 0-9FT,10-12FT, Miscellaneous: Zoning Code C-1
- Public Remarks
- Commercial investment for sale in East Stroudsburg. The 8-unit property consists of 4 buildings with 82.3% occupancy. Property offers 119 parking spaces and visibility along Business Route 209. Mixed tenants include Enterprise, automotive, and a church.
Status Change Information
- Price Change Timestamp
- 2022-11-17T14:18:29Z
- Purchase Contract Date
- 2023-08-16
- Close Date
- 2023-11-30
- Close Price
- 1715000
More Information
Unit Details
- Number Of Units Leased
- 8
Building Features
- Ceiling Height
- 9
- Number of Levels
- Yes
- Other
- Yes
Location, Tax, and Legal
- Parcel Number
- 16.7.1.64
- Municipality
- Smithfield Township
- High School District
- East Stroudsburg Area
- Cnty&Muni Taxes (Legacy)
- 4841.58
- School Tax Amount
- 37069.21
- Tax Annual Amount
- 41910.79
- Tax Assessed Value
- 1206680
- Tax Book Number
- 2434/7998
- Zoning Description
- Commercial
Business Type
- Restaurant
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Disclosures
- Right of First Refusal
- Yes
Possession
- Close Of Escrow
- Yes
Current Use
- Commercial
- Yes
- Office
- Yes
Possible Use
- Retail
- Yes
- Automotive
- Yes
- Medical/Dental
- Yes
- Place of Worship
- Yes
Rail Road Track
- None
- Yes
Cooling
- Central Air
- Yes
- Wall/Window Unit(s)
- Yes
Heating
- Electric
- Yes
Sewer
- Septic Tank
- Yes
Parking Features
- On Site
- Yes
Road Frontage Type
- State Road
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
SER Commercial Real Estate, LLC
Last Updated: February - 27 - 2025
Information deemed reliable but not guaranteed.
