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
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.
More Information MLS# PM-140321
Contract Information
Listing Service: Full Service
Property Sub Type: Mixed Use
List Price: $589,000
Current Price: $589,000
Status: Active
Listing Contract Date: 2026-04-13
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
General Property Information
Above Grade Finished Area: 6568
Building Area Source: Estimated
Stories: 2
Number Of Buildings: 2
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
Building Area Total: 6568
Year Built: 1987
Currently Not Used
Number Of Units Total: 5
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
Business Type
Child Care: 1
Rental: 1
Residential: 1
Mixed: 1
Income and Expenses
Gross Income: 18000
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Existing Lease Type
Oral: 1
Tenant Pays
Electricity: 1
Income Includes
Rent Only: 1
Financial Data Source
Owner: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Possession
Negotiable: 1
Structure Type
Retail: 1
Office: 1
Mixed Use: 1
Other: 1
Current Use
Residential: 1
Vacant: 1
Mixed Use: 1
Possible Use
Residential: 1
Commercial: 1
Vacant: 1
Mixed Use: 1
Flooring
Carpet: 1
Hardwood: 1
Tile: 1
Vinyl: 1
Construction Materials
Aluminum Siding: 1
Stucco: 1
Vinyl Siding: 1
Basement
Full: 1
Unfinished: 1
Roof
Shingle: 1
Electric
200+ Amp Service: 1
Cooling
Ceiling Fan(s): 1
Window Unit(s): 1
Heating
Baseboard: 1
Forced Air: 1
Hot Water: 1
Oil: 1
Propane: 1
Water Heater
Electric: 1
Water Source
Well: 1
Sewer
Public Sewer: 1
Septic Tank: 1
Exterior Features
Playground: 1
Fire Pit: 1
Private Yard: 1
Fencing
Front Yard: 1
Partial: 1
Parking Features
Parking Lot: 1
Off Street: 1
Lot Features
Few Trees: 1
Road Frontage Type
Road Frontage Length: 200
State Road: 1
Road Surface Type
Paved: 1
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
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
Listing Office:
Keller Williams Real Estate - Allentown
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.