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674 Route 196, Tobyhanna, PA 18466 (MLS# PM-62869)

674 Route 196, Tobyhanna, PA 18466

$3,000,000
Property Type: Commercial Sale Square Footage: 61,410 Lot Size (sq. ft.): 5,251,158 Status: Closed
Current Price: $3,000,000 List Date: 10/31/2018 Last Modified: 5/09/2025

Overview

Description

Carriage Square is a 16-unit, 65,000 square foot center anchored by Rite Aid and Aaron's. Various office and retail tenants includes Family Dollar, H&R Block, Subway, pizzeria, tobacco store, hair salon, and Chinese restaurant. Shopping center is currently 62.09% occupied with 24,617 square feet of vacancy. Property is situated at a lighted intersection surrounded by Pocono Farms residential development.

Listing Details MLS# PM-62869

General Property Information

Above Grade Finished Area
61410
Building Area Total
61410
Stories
Yes
Number Of Buildings
Yes
Year Built
1988
Year Built Source
Other
Lot Size Acres
120.55
Sign On Property YN
No
List Price/SqFt
56.99
Sold Price/SqFt
48.85

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Cooling: Central Air Heating: Electric Water Source: Well Sewer: Septic Tank Road Frontage Type: State Road Road Surface Type: Paved Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2018-10-01
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
674
Street Name
Route 196
City (Post Office)
Tobyhanna
State
PA
Postal Code
18466

Remarks and Miscellaneous

Public Historical Remarks
Miscellaneous: Zoning Code R-3
Public Remarks
Carriage Square is a 16-unit, 65,000 square foot center anchored by Rite Aid and Aaron's. Various office and retail tenants includes Family Dollar, H&R Block, Subway, pizzeria, tobacco store, hair salon, and Chinese restaurant. Shopping center is currently 62.09% occupied with 24,617 square feet of vacancy. Property is situated at a lighted intersection surrounded by Pocono Farms residential development.

Status Change Information

Purchase Contract Date
2018-10-24
Close Date
2018-10-24
Close Price
3000000

More Information

Unit Details

Number Of Units Leased
16

Location, Tax, and Legal

Parcel Number
03.4.1.2-1
Municipality
Coolbaugh Township
High School District
Pocono Mountain
Cnty&Muni Taxes (Legacy)
21877.36
School Tax Amount
77889.16
Tax Annual Amount
99766.52
Tax Assessed Value
575720
Tax Book Number
2041/3001
Zoning Description
Commercial

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Cooling

Central Air
Yes

Heating

Electric
Yes

Water Source

Well
Yes

Sewer

Septic Tank
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: KW Commercial - Main St
IDX
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.