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5261 Milford Road, East Stroudsburg, PA 18032 (MLS# PM-68585)

5261 Milford Road, East Stroudsburg, PA 18032

$635,000
Property Type: Commercial Sale Square Footage: 8,716 Lot Size (sq. ft.): 111,078 Status: Closed
Current Price: $635,000 List Date: 5/31/2019 Last Modified: 2/28/2025

Overview

Description

8,716 SF Restaurant/Pub on a 2.55 ac site located in East Stroudsburg, PA along high-traffic Milford Rd (Route 209). Modern, attractive building with strong history of clientele. Near some large community time shares, Shawnee Mountain, Bushkill Conference Center and a large residential community of moderately priced homes with average HH income approx $75,000/yr. Restaurant is fully functional and equipped with both dining and pub areas. PA R Liquor license is included. Additional 1.28 acre adjacent parcel of land is also included (PIN #09734300392263) with added tax of $3,137.

Listing Details MLS# PM-68585

General Property Information

Above Grade Finished Area
8716
Building Area Total
8716
Stories
Yes
Number Of Buildings
Yes
Year Built
1962
Year Built Source
Other
Lot Size Acres
2.55
List Price/SqFt
103.26
Sold Price/SqFt
72.85

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Business Type: Restaurant Special Licenses: Liquor Property Condition: Updated/Remodeled Building Features: Equipment Warranty; Fixtures Included; Finished Office; Other Flooring: Carpet Roof: Other Cooling: None 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
2019-05-31
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
5261
Street Name
Milford
Street Suffix
Road
City (Post Office)
East Stroudsburg
State
PA
Postal Code
18032

Remarks and Miscellaneous

Public Historical Remarks
Roof: Ridged, Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C-1
Public Remarks
8,716 SF Restaurant/Pub on a 2.55 ac site located in East Stroudsburg, PA along high-traffic Milford Rd (Route 209). Modern, attractive building with strong history of clientele. Near some large community time shares, Shawnee Mountain, Bushkill Conference Center and a large residential community of moderately priced homes with average HH income approx $75,000/yr. Restaurant is fully functional and equipped with both dining and pub areas. PA R Liquor license is included. Additional 1.28 acre adjacent parcel of land is also included (PIN #09734300392263) with added tax of $3,137.

Status Change Information

Purchase Contract Date
2019-09-30
Close Date
2020-01-14
Close Price
635000

More Information

Building Features

Number of Levels
Yes
Equipment Warranty
Yes
Fixtures Included
Yes
Finished Office
Yes
Other
Yes

Location, Tax, and Legal

Parcel Number
09.7.3.4
Municipality
Middle Smithfield Township
High School District
East Stroudsburg Area
Cnty&Muni Taxes (Legacy)
3647.46
School Tax Amount
20368.53
Tax Annual Amount
24015.99
Tax Assessed Value
114520
Tax Book Number
2524/5154
Zoning Description
Commercial

Business Type

Restaurant
Yes

Special Licenses

Liquor
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Property Condition

Updated/Remodeled
Yes

Flooring

Carpet
Yes

Roof

Other
Yes

Cooling

None
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: TACM Commerical Realty Inc.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.