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60 Washington Street, East Stroudsburg, PA 18301 (MLS# PM-114564)

60 Washington Street, East Stroudsburg, PA 18301

$1,100,000
Property Type: Commercial Sale Square Footage: 19,524 Lot Size (sq. ft.): 42,689 Status: Closed
Current Price: $1,100,000 List Date: 4/24/2024 Last Modified: 3/03/2025

Overview

Description

Former bank branch located in downtown East Stroudsburg near revitalized Crystal Street and future passenger rail station. Over 19,000 square feet on three elevator served floors with separate 288 square foot former, 4-lane drive through building. Approximately 50 parking spaces. Redevelopment opportunity for mixed-use with first-floor commercial space and apartments on upper levels. Full public utilities. Contact Borough to confirm potential use(s).

Listing Details MLS# PM-114564

General Property Information

Above Grade Finished Area
19524
Building Area Total
19524
Building Area Source
Public Records
Stories
3
Year Built
1902
Year Built Source
Estimated
Lot Size Acres
0.98
List Price/SqFt
81.9
Sold Price/SqFt
56.34

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Electric: 200+ Amp Service Cooling: Central Air Heating: Natural Gas Water Source: Public Sewer: Public Sewer Lot Features: Corner Lot 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
2024-04-22
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
60
Street Name
Washington
Street Suffix
Street
City (Post Office)
East Stroudsburg
State
PA
Postal Code
18301

Remarks and Miscellaneous

Public Historical Remarks
Utility Service: 500-800A, Miscellaneous: Zoning Code C-1A
Public Remarks
Former bank branch located in downtown East Stroudsburg near revitalized Crystal Street and future passenger rail station. Over 19,000 square feet on three elevator served floors with separate 288 square foot former, 4-lane drive through building. Approximately 50 parking spaces. Redevelopment opportunity for mixed-use with first-floor commercial space and apartments on upper levels. Full public utilities. Contact Borough to confirm potential use(s).

Status Change Information

Purchase Contract Date
2024-06-27
Close Date
2024-09-30
Close Price
1100000

More Information

Location, Tax, and Legal

Parcel Number
05-3.1.4.17
Municipality
East Stroudsburg Borough
High School District
East Stroudsburg Area
Cnty&Muni Taxes (Legacy)
16646.21
School Tax Amount
64685.75
Tax Annual Amount
81332
Tax Assessed Value
2068620
Tax Book Number
531/130
Zoning Description
Commercial

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Electric

200+ Amp Service
Yes

Cooling

Central Air
Yes

Heating

Natural Gas
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Lot Features

Corner Lot
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: March - 03 - 2025
Information deemed reliable but not guaranteed.