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540-542 Main Street, Stroudsburg, PA 18360 (MLS# PM-103640)

540-542 Main Street, Stroudsburg, PA 18360

$975,000
Property Type: Commercial Sale Square Footage: 10,704 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $975,000 List Date: 1/31/2023 Last Modified: 2/28/2025

Overview

Description

8-Unit, Mixed-Use. 100% occupied, well maintained building contains seven apartments ranging in size from studio to one and two bedroom units with a street level commercial space of approximately 2,000 square feet. Owned and operated by a local professional landlord for more than 40 years. Prime Main Street Stroudsburg location with off street parking.

Listing Details MLS# PM-103640

General Property Information

Above Grade Finished Area
8120
SqFt. Below Grade (Legacy)
2584
Building Area Total
10704
Building Area Source
Public Records
Stories
3
Year Built
1902
Year Built Source
Estimated
Lot Size Acres
0.15
List Price/SqFt
112.11
Sold Price/SqFt
91.09

Property Features

Listing Terms: Cash; Conventional; Owner May Carry; Trade Possession: Close Of Escrow Cooling: Central Air; Wall/Window Unit(s) Heating: Electric Sewer: Public Sewer Parking Features: On Site Road Frontage Type: State Road; City Street Road Surface Type: Paved Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2023-01-31
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
540-542
Street Name
Main
Street Suffix
Street
City (Post Office)
Stroudsburg
State
PA
Postal Code
18360

Remarks and Miscellaneous

Public Historical Remarks
Miscellaneous: Zoning Code C-2
Public Remarks
8-Unit, Mixed-Use. 100% occupied, well maintained building contains seven apartments ranging in size from studio to one and two bedroom units with a street level commercial space of approximately 2,000 square feet. Owned and operated by a local professional landlord for more than 40 years. Prime Main Street Stroudsburg location with off street parking.

Status Change Information

Purchase Contract Date
2023-02-14
Close Date
2023-06-27
Close Price
975000

More Information

Unit Details

Number Of Units Leased
8

Location, Tax, and Legal

Parcel Number
18-2.2.5.14
Municipality
Stroudsburg Borough
High School District
Stroudsburg Area
Cnty&Muni Taxes (Legacy)
6784.06
School Tax Amount
15532.1
Tax Annual Amount
22316.16
Tax Assessed Value
583760
Tax Book Number
1049/286
Zoning Description
Commercial

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes
Trade
Yes

Possession

Close Of Escrow
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Heating

Electric
Yes

Sewer

Public Sewer
Yes

Parking Features

On Site
Yes

Road Frontage Type

State Road
Yes
City Street
Yes

Road Surface Type

Paved
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: SER Commercial Real Estate, LLC
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.