5854 Paradise Valley Road, Cresco, PA 18326
$1,579,000
Property Type:
Commercial Sale
Square Footage:
23,789
Lot Size (sq. ft.):
696,960
Status:
Closed
Current Price:
$1,579,000
List Date:
10/28/2022
Last Modified:
2/28/2025
Overview
Description
Listing Details MLS# PM-101932
General Property Information
- Above Grade Finished Area
- 23789
- Building Area Total
- 23789
- Building Area Source
- Public Records
- Stories
- 2
- Number Of Buildings
- 13
- Year Built
- 1928
- Year Built Source
- Other
- Business Name
- Crescent Lodge
- Lot Size Acres
- 16
- List Price/SqFt
- 73.56
- Sold Price/SqFt
- 66.38
Property Features
Listing Terms:
Cash; Conventional
Possession:
Close Of Escrow
Current Use:
Commercial
Possible Use:
Medical/Dental
Business Type:
Bar/Tavern/Lounge; Restaurant; Bed & Breakfast; Hotel/Motel; Gift Shop
Building Features:
Equipment Warranty; Fixtures Included
Construction Materials:
Brick; Frame
Cooling:
Central Air; Ductless; Wall/Window Unit(s)
Heating:
Ductless; Electric; Oil
Water Source:
Well
Sewer:
Septic Tank
Parking Features:
On Site
Lot Features:
Corner Lot
Road Frontage Type:
State Road; Highway
Road Surface Type:
Paved; Asphalt
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2022-10-26
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Monroe
- Street Number
- 5854
- Street Name
- Paradise Valley
- Street Suffix
- Road
- City (Post Office)
- Cresco
- State
- PA
- Postal Code
- 18326
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Historical Remarks
- Level: Multi, Ceiling: 0-9FT, Miscellaneous: Zoning Code Commercial/Business
- Public Remarks
- Here is the opportunity to own Crescent Lodge, in business for well over 50 years known for a great restaurant, beautiful cottages and grounds maintained to perfection. 16 acres of level land in the heart of Paradise Valley offering many opportunities. Total of 18 cottage units and 12 rental rooms in the lodge. Large dining rooms and wonderful bar area.
Status Change Information
- Purchase Contract Date
- 2022-11-22
- Close Date
- 2023-08-31
- Close Price
- 1579000
More Information
Unit Details
- Number Of Units Leased
- 30
Building Features
- Ceiling Height
- 9
- Equipment Warranty
- Yes
- Fixtures Included
- Yes
Location, Tax, and Legal
- Parcel Number
- 11.3.1.20
- Municipality
- Paradise Township
- High School District
- Pocono Mountain
- Cnty&Muni Taxes (Legacy)
- 5158.35
- School Tax Amount
- 22729.72
- Tax Annual Amount
- 27888.07
- Tax Assessed Value
- 1141910
- Tax Book Number
- 306/325
- Zoning Description
- Commercial
Business Type
- Bar/Tavern/Lounge
- Yes
- Restaurant
- Yes
- Bed & Breakfast
- Yes
- Hotel/Motel
- Yes
- Gift Shop
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Current Use
- Commercial
- Yes
Possible Use
- Medical/Dental
- Yes
Construction Materials
- Brick
- Yes
- Frame
- Yes
Cooling
- Central Air
- Yes
- Ductless
- Yes
- Wall/Window Unit(s)
- Yes
Heating
- Ductless
- Yes
- Electric
- Yes
- Oil
- Yes
Water Source
- Well
- Yes
Sewer
- Septic Tank
- Yes
Parking Features
- On Site
- Yes
Lot Features
- Corner Lot
- Yes
Road Frontage Type
- State Road
- Yes
- Highway
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
Keller Williams Real Estate - Stroudsburg
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.
