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798 115 Route, Saylorsburg, PA 18353 (MLS# PM-99061)

798 115 Route, Saylorsburg, PA 18353

$830,000
Property Type: Commercial Sale Square Footage: 11,460 Lot Size (sq. ft.): 639,461 Status: Closed
Current Price: $830,000 List Date: 7/14/2022 Last Modified: 2/28/2025

Overview

Description

ATTENTION INVESTORS / DEVELOPERS !! There is a tremendous opportunity to unlock in this commercially zoned property. This 15+/-ac site, with an 11,400+ Sq Ft. building, is in a Prime Location on busy State Route 115 with 11,000+/- ADT. Additionally, this commercial site sits just 1/2 mile from the interchange with Route 33, the highway connecting to the Lehigh Valley. C-1 Zoning allows for Multi-Family, Retail, Mixed,-Use, Hotel/Motel, Self Storage, and many other uses. This historic inn is located on a busy road with 14 plus acres of land including a beautiful pond. This 11,400+ square foot inn has a huge dining area and banquet hall with two bars. The property once held a hotel liquor license, has a full kitchen and prep area.

Supplements: Currently non-operating, this building has 25 bedrooms, 17 bathrooms, lobby and restaurant. This is a potentially great location for a multi-family conversion, wedding/event venue, bed and breakfast, restaurant with bar, hotel, or mixed-use project. The possibilities are endless for this historic property, on a huge lot, in a great location. ju ...

Listing Details MLS# PM-99061

General Property Information

Above Grade Finished Area
11460
Building Area Total
11460
Building Area Source
Public Records
Stories
2
Leasable Area
11460
Year Built
1902
Year Built Source
Estimated
Lot Size Acres
14.68
List Price/SqFt
86.82
Sold Price/SqFt
72.43
Below Grade Finished Area
0

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Possible Use: Recreational; Residential; Multi-Family; Place of Worship; Retail Business Type: Bar/Tavern/Lounge; Food & Beverage; Bed & Breakfast; Hotel/Motel; Storage Electric: 3 Phase Cooling: None Heating: Oil Water Source: Public 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
2022-07-05
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
798
Street Name
115
Street Suffix
Route
City (Post Office)
Saylorsburg
State
PA
Postal Code
18353

Remarks and Miscellaneous

Public Historical Remarks
Miscellaneous: Zoning Code C-1
Public Remarks
ATTENTION INVESTORS / DEVELOPERS !! There is a tremendous opportunity to unlock in this commercially zoned property. This 15+/-ac site, with an 11,400+ Sq Ft. building, is in a Prime Location on busy State Route 115 with 11,000+/- ADT. Additionally, this commercial site sits just 1/2 mile from the interchange with Route 33, the highway connecting to the Lehigh Valley. C-1 Zoning allows for Multi-Family, Retail, Mixed,-Use, Hotel/Motel, Self Storage, and many other uses. This historic inn is located on a busy road with 14 plus acres of land including a beautiful pond. This 11,400+ square foot inn has a huge dining area and banquet hall with two bars. The property once held a hotel liquor license, has a full kitchen and prep area.

Status Change Information

Purchase Contract Date
2022-09-19
Close Date
2022-11-17
Close Price
830000

More Information

Location, Tax, and Legal

Parcel Number
07.12.4.14-1
Municipality
Hamilton Township
High School District
Stroudsburg Area
Cnty&Muni Taxes (Legacy)
1230.14
School Tax Amount
9255.51
Tax Annual Amount
10485.65
Tax Assessed Value
347860
Tax Book Number
2536/9041
Zoning Description
Commercial

Business Type

Bar/Tavern/Lounge
Yes
Food & Beverage
Yes
Bed & Breakfast
Yes
Hotel/Motel
Yes
Storage
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Possible Use

Residential
Yes
Recreational
Yes
Retail
Yes
Multi-Family
Yes
Place of Worship
Yes

Electric

3 Phase
Yes

Cooling

None
Yes

Heating

Oil
Yes

Water Source

Public
Yes

Sewer

Septic Tank
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
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.