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459 PA-196, Tobyhanna, PA 18466 (MLS# PM-91962)

459 PA-196, Tobyhanna, PA 18466

$526,000
Property Type: Commercial Sale Square Footage: 6,975 Lot Size (sq. ft.): 353,707 Status: Closed
Current Price: $526,000 List Date: 10/04/2021 Last Modified: 3/03/2025

Overview

Description

Mixed use 11 unit investment in Coolbaugh Township Monroe County PA. Commercial site of 8.12ac zoned (C1) and consists of an updated 2 story residential home that has been renovated to an office building, a 2840 SQFT steel storage building and a residential home with 2 two bedroom apartments. The 8.12 acre site is cleared, level with great visibility along Route 196. Ideally located within 20 min driving distance to Mt Airy, Kalahari, and the retail district of Mt Pocono. Well maintained buildings and property with huge upside in below market rents and available acreage for additional improvements.

Listing Details MLS# PM-91962

General Property Information

Above Grade Finished Area
6975
Building Area Total
6975
Building Area Source
Estimated
Stories
2
Number Of Buildings
4
Year Built
1960
Year Built Source
Estimated
Lot Size Acres
8.12
List Price/SqFt
89.61
Sold Price/SqFt
75.41

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial; Residential Building Features: Other Cooling: Wall/Window Unit(s) Heating: Electric Sewer: Septic Tank Road Frontage Type: State Road Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2021-09-23
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
459
Street Name
PA-196
City (Post Office)
Tobyhanna
State
PA
Postal Code
18466

Remarks and Miscellaneous

Public Historical Remarks
Location: FreeStnd, Miscellaneous: Zoning Code C1
Public Remarks
Mixed use 11 unit investment in Coolbaugh Township Monroe County PA. Commercial site of 8.12ac zoned (C1) and consists of an updated 2 story residential home that has been renovated to an office building, a 2840 SQFT steel storage building and a residential home with 2 two bedroom apartments. The 8.12 acre site is cleared, level with great visibility along Route 196. Ideally located within 20 min driving distance to Mt Airy, Kalahari, and the retail district of Mt Pocono. Well maintained buildings and property with huge upside in below market rents and available acreage for additional improvements.

Status Change Information

Purchase Contract Date
2021-12-17
Close Date
2022-02-28
Close Price
526000

More Information

Unit Details

Number Of Units Leased
11

Location, Tax, and Legal

Parcel Number
03.7.1.8
Municipality
Coolbaugh Township
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
1492.88
School Tax Amount
5031.19
Tax Annual Amount
6806.65
Tax Assessed Value
252760
Tax Book Number
1342/84
Zoning Description
Commercial

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Residential
Yes
Commercial
Yes

Building Features

Other
Yes

Cooling

Wall/Window Unit(s)
Yes

Heating

Electric
Yes

Sewer

Septic Tank
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.