Connect with a Building Expert

  • This field is for validation purposes and should be left unchanged.
  • By submitting your information you agree to our privacy policy.

500 Main Street, Stroudsburg, PA 18360 (MLS# PM-85779)

500 Main Street, Stroudsburg, PA 18360

$615,000
Property Type: Commercial Sale Square Footage: 4,078 Lot Size (sq. ft.): 3,485 Status: Closed
Current Price: $615,000 List Date: 3/20/2021 Last Modified: 3/03/2025

Overview

Description

Own a piece of history in Stroudsburg with Kays Tavern located at 550 Main St. Present owner has been serving the community successfully for over 50 years and has decided it is time to retire. The second floor consists of a 2 bedroom apartment plus 3 boarding rooms, and the third floor has a 4 bedroom apartment that generates approximately $2,500 per month in rent.

Listing Details MLS# PM-85779

General Property Information

Above Grade Finished Area
784
Building Area Total
4078
Building Area Source
Public Records
Stories
Yes
Year Built
1902
Year Built Source
Other
Business Name
Kays Tavern
Lot Size Acres
0.08
List Price/SqFt
159.37
Sold Price/SqFt
150.81

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Possible Use: Multi-Family Business Type: Bar/Tavern/Lounge; Restaurant Special Licenses: Liquor Building Features: Equipment Warranty; Fixtures Included Rail Road Track: None Construction Materials: Brick Cooling: Central Air; Wall/Window Unit(s) Heating: Natural Gas Sewer: Public Sewer Parking Features: On Site Lot Features: Corner Lot Road Frontage Type: See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2021-03-20
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
500
Street Name
Main
Street Suffix
Street
City (Post Office)
Stroudsburg
State
PA
Postal Code
18360

Remarks and Miscellaneous

Public Historical Remarks
Road Type: Twp-rd, Miscellaneous: Zoning Code C-2
Public Remarks
Own a piece of history in Stroudsburg with Kays Tavern located at 550 Main St. Present owner has been serving the community successfully for over 50 years and has decided it is time to retire. The second floor consists of a 2 bedroom apartment plus 3 boarding rooms, and the third floor has a 4 bedroom apartment that generates approximately $2,500 per month in rent.

Status Change Information

Purchase Contract Date
2021-04-08
Close Date
2021-10-14
Close Price
615000

More Information

Location, Tax, and Legal

Parcel Number
18-2.2.5.2
Municipality
Stroudsburg Borough
High School District
Stroudsburg Area
Cnty&Muni Taxes (Legacy)
3927.42
School Tax Amount
9984.25
Tax Annual Amount
13911.66
Tax Assessed Value
390620
Tax Book Number
920/334
Zoning Description
Commercial

Business Type

Bar/Tavern/Lounge
Yes
Restaurant
Yes

Special Licenses

Liquor
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Possible Use

Multi-Family
Yes

Building Features

Equipment Warranty
Yes
Fixtures Included
Yes

Rail Road Track

None
Yes

Construction Materials

Brick
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Heating

Natural Gas
Yes

Sewer

Public Sewer
Yes

Parking Features

On Site
Yes

Lot Features

Corner Lot
Yes

Road Frontage Type

See Remarks
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: SER Commercial Real Estate, LLC
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.