304 Drinker Turnpike, Covington Township, PA 18424 (MLS# PM-140321)

304 Drinker Turnpike, Covington Township, PA 18424

New Listing

$589,000

Property Type: Commercial Sale Square Footage: 6,568 Lot Size (sq. ft.): 84,071 Status: Active

Current Price: $589,000 List Date: 4/14/2026 Last Modified: 4/14/2026

Overview

Description

Mixed-use investment opportunity in the Poconos! Located along Route 435 just minutes from Gouldsboro State Park and Kalahari Waterpark, this property offers excellent visibility and convenient access to Interstates 380, 84, and 81. The main 6,000+ sq ft building features renovated apartments along with commercial space (previously a daycare), providing flexibility for a variety of uses and strong value-add potential. A separate 1-bedroom cottage offers additional income potential or the perfect setup for an owner-occupant--live in one unit while renting the others. Positioned near some of the Poconos' top attractions, this property is ideal for investors seeking multiple income streams, long-term rental potential, or short-term rental opportunities, subject to township regulations and approval. A versatile property with strong upside in a high-demand recreational area.

Listing Details MLS# PM-140321

General Property Information

Above Grade Finished Area: 6568
Building Area Total: 6568
Building Area Source: Estimated
Stories: 2
Number Of Buildings: 2
Year Built: 1987
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 10
Parking Total: 10
Lot Size Acres: 1.93
Water Body Access YN: No
Sign On Property YN: Yes
List Price/SqFt: 89.68

Property Features

Special Listing Conditions: Standard Listing Terms: Cash; Conventional Existing Lease Type: Oral Tenant Pays: Electricity Income Includes: Rent Only Financial Data Source: Owner Possession: Negotiable Structure Type: Retail; Office; Mixed Use; Other Current Use: Residential; Vacant; Mixed Use Possible Use: Commercial; Residential; Vacant; Mixed Use Business Type: Child Care; Rental; Residential; Mixed Flooring: Carpet; Hardwood; Tile; Vinyl Construction Materials: Aluminum Siding; Stucco; Vinyl Siding Basement: Full; Unfinished Roof: Shingle Electric: 200+ Amp Service Cooling: Ceiling Fan(s); Window Unit(s) Heating: Baseboard; Forced Air; Hot Water; Oil; Propane Water Source: Well Sewer: Public Sewer; Septic Tank Exterior Features: Playground; Fire Pit; Private Yard Fencing: Front Yard; Partial Parking Features: Parking Lot; Off Street Lot Features: Few Trees Road Frontage Type: State Road Road Surface Type: Paved

Contract Information

Property Sub Type: Mixed Use
Listing Contract Date: 2026-04-13
Listing Service: Full Service

Location Tax and Legal

County: Lackawanna
Street Number: 304
Street Name: Drinker
Street Suffix: Turnpike
City (Post Office): Covington Township
State: PA
Postal Code: 18424
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Mixed-use investment opportunity in the Poconos! Located along Route 435 just minutes from Gouldsboro State Park and Kalahari Waterpark, this property offers excellent visibility and convenient access to Interstates 380, 84, and 81. The main 6,000+ sq ft building features renovated apartments along with commercial space (previously a daycare), providing flexibility for a variety of uses and strong value-add potential. A separate 1-bedroom cottage offers additional income potential or the perfect setup for an owner-occupant--live in one unit while renting the others. Positioned near some of the Poconos' top attractions, this property is ideal for investors seeking multiple income streams, long-term rental potential, or short-term rental opportunities, subject to township regulations and approval. A versatile property with strong upside in a high-demand recreational area.

Unit Details

Number Of Units Leased: 2

More Information

Income and Expenses

Gross Income: 18000

Road Frontage Type

Road Frontage Length: 200
State Road: Yes

Location, Tax, and Legal

Parcel Number: 22701010004
Municipality: Covington Township
High School District: North Pocono
County Tax Amount: 2856.87
Municipal Tax Amount: 261.94
School Tax Amount: 5666.23
Tax Annual Amount: 8848.54
Tax Assessed Value: 31750
Tax Year: 2026
Tax Map Number: 22701010004
Tax Lot: 130
Tax Block: 140
Deed Recording Date: 2022-12-13
Tax Legal Description: 200X470x150x171x35x300 W-01 B-014 L-013
Zoning Description: Commercial

Currently Not Used

Number Of Units Total: 5

Business Type

Child Care: Yes
Rental: Yes
Residential: Yes
Mixed: Yes

Special Listing Conditions

Standard: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Existing Lease Type

Oral: Yes

Tenant Pays

Electricity: Yes

Income Includes

Rent Only: Yes

Financial Data Source

Owner: Yes

Oil, Gas and Mineral Rights

Property Subject To Lease: No

Possession

Negotiable: Yes

Structure Type

Retail: Yes
Office: Yes
Mixed Use: Yes
Other: Yes

Current Use

Residential: Yes
Vacant: Yes
Mixed Use: Yes

Possible Use

Residential: Yes
Commercial: Yes
Vacant: Yes
Mixed Use: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Tile: Yes
Vinyl: Yes

Construction Materials

Aluminum Siding: Yes
Stucco: Yes
Vinyl Siding: Yes

Basement

Full: Yes
Unfinished: Yes

Roof

Shingle: Yes

Electric

200+ Amp Service: Yes

Cooling

Ceiling Fan(s): Yes
Window Unit(s): Yes

Heating

Baseboard: Yes
Forced Air: Yes
Hot Water: Yes
Oil: Yes
Propane: Yes

Water Heater

Electric: Yes

Water Source

Well: Yes

Sewer

Public Sewer: Yes
Septic Tank: Yes

Exterior Features

Playground: Yes
Fire Pit: Yes
Private Yard: Yes

Fencing

Front Yard: Yes
Partial: Yes

Parking Features

Parking Lot: Yes
Off Street: Yes

Lot Features

Few Trees: Yes

Road Surface Type

Paved: Yes

Listing Office: Keller Williams Real Estate - Allentown

Last Updated: April - 14 - 2026

Information deemed reliable but not guaranteed.

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