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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
IDX
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.