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
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.
More Information MLS# PM-91962
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $526,000
Current Price: $526,000
Status: Closed
Listing Contract Date: 2021-09-23
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
General Property Information
Above Grade Finished Area: 6975
Building Area Source: Estimated
Stories: 2
Number Of Buildings: 4
Year Built Source: Estimated
Lot Size Acres: 8.12
List Price/SqFt: 89.61
Sold Price/SqFt: 75.41
Building Area Total: 6975
Year Built: 1960
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.
Unit Details
Number Of Units Leased: 11
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Commercial: 1
Building Features
Other: 1
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Sewer
Septic Tank: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Monroe
Street Number: 459
Street Name: PA-196
City (Post Office): Tobyhanna
State: PA
Postal Code: 18466
Status Change Information
Purchase Contract Date: 2021-12-17
Close Date: 2022-02-28
Close Price: 526000
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
Listing Office:
TACM Commerical Realty Inc.
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
