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3051 Route 940, Pocono Summit, PA 18346 (MLS# PM-65976)

3051 Route 940, Pocono Summit, PA 18346

$750,000
Property Type: Commercial Sale Square Footage: 6,056 Lot Size (sq. ft.): 102,802 Status: Closed
Current Price: $750,000 List Date: 3/18/2019 Last Modified: 5/09/2025

Overview

Description

Retail location for sale in Pocono Summit. The 6,056 square foot building is currently occupied by Monro Auto Service and Tire Center but will be vacated in August 2019. Building is situated on 2.36 acres and zoned C-3 in Coolbaugh Township, which makes this property an ideal repurpose location for many of the permitted retail uses. High traffic location with 18,104 ADT. Shared access easement with ingress/egress along Route 940 West. Property is serviced by on-site well and septic.

Listing Details MLS# PM-65976

General Property Information

Above Grade Finished Area
6056
Building Area Total
6056
Stories
Yes
Number Of Buildings
Yes
Year Built
1991
Year Built Source
Other
Lot Size Acres
2.36
List Price/SqFt
131.94
Sold Price/SqFt
123.84

Property Features

Listing Terms: Cash; Conventional; Owner May Carry Existing Lease Type: NNN Disclosures: Right of First Refusal Possession: Close Of Escrow Current Use: Commercial Possible Use: Automotive; Medical/Dental; Retail Business Type: Restaurant; Professional Service; Professional/Office Building Features: Other Rail Road Track: None Cooling: Central Air Heating: Electric Water Source: Well 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
2019-03-18
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
3051
Street Name
Route 940
City (Post Office)
Pocono Summit
State
PA
Postal Code
18346

Remarks and Miscellaneous

Public Historical Remarks
Warranty: None, Level: Single, Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C-3
Public Remarks
Retail location for sale in Pocono Summit. The 6,056 square foot building is currently occupied by Monro Auto Service and Tire Center but will be vacated in August 2019. Building is situated on 2.36 acres and zoned C-3 in Coolbaugh Township, which makes this property an ideal repurpose location for many of the permitted retail uses. High traffic location with 18,104 ADT. Shared access easement with ingress/egress along Route 940 West. Property is serviced by on-site well and septic.

Status Change Information

Purchase Contract Date
2019-06-10
Close Date
2019-12-24
Close Price
750000

More Information

Unit Details

Number Of Units Leased
Yes

Building Features

Number of Levels
Yes
Other
Yes

Location, Tax, and Legal

Parcel Number
03.5.2.120
Municipality
Coolbaugh Township
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
1895.4
School Tax Amount
6575.09
Tax Annual Amount
8421.89
Tax Assessed Value
48600
Tax Book Number
1750/724
Zoning Description
Commercial

Business Type

Restaurant
Yes
Professional Service
Yes
Professional/Office
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Existing Lease Type

NNN
Yes

Disclosures

Right of First Refusal
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Possible Use

Retail
Yes
Automotive
Yes
Medical/Dental
Yes

Rail Road Track

None
Yes

Cooling

Central Air
Yes

Heating

Electric
Yes

Water Source

Well
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: KW Commercial - Main St
IDX
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.