970 PA-196, Tobyhanna, PA 18466
$700,000
Property Type:
Commercial Sale
Square Footage:
12,400
Lot Size (sq. ft.):
235,224
Status:
Closed
Current Price:
$700,000
List Date:
5/25/2021
Last Modified:
2/28/2025
Overview
Description
Listing Details MLS# PM-87889
General Property Information
- Above Grade Finished Area
- 12400
- Building Area Total
- 12400
- Building Area Source
- Public Records
- Stories
- Yes
- Number Of Buildings
- Yes
- Year Built Source
- Estimated
- Lot Size Acres
- 5.4
- List Price/SqFt
- 70.16
- Sold Price/SqFt
- 56.45
Property Features
Listing Terms:
Cash; Conventional; Trade
Possession:
Close Of Escrow
Current Use:
Commercial
Possible Use:
Retail; Shopping Center
Business Type:
Fast Food; Grocery; Laundromat; Convenience Store; Gas Station
Building Features:
Other
Rail Road Track:
None
Cooling:
Wall/Window Unit(s)
Heating:
Electric
Water Source:
Public
Sewer:
Public Sewer
Road Frontage Type:
State Road
Road Surface Type:
Paved; Asphalt; Other
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2021-05-15
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Monroe
- Street Number
- 970
- Street Name
- PA-196
- City (Post Office)
- Tobyhanna
- State
- PA
- Postal Code
- 18466
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Historical Remarks
- Warranty: None, Level: Grade, Location: FreeStnd, Miscellaneous: Zoning Code C-1
- Public Remarks
- Great opportunity with a captive audience. Currently 9 individual occupied units. You can add on to this location making it full service to the multiple gated communities of 4500 houses. Great location for the additional of a gas station, laundromat, pad site for a bank. Local commuters to NY grab the bus at this location. Currently NOI 92656. cap 10.65%
Status Change Information
- Purchase Contract Date
- 2021-06-24
- Close Date
- 2021-08-19
- Close Price
- 700000
More Information
Unit Details
- Number Of Units Leased
- 9
Income and Expenses
- Cap Rate
- 10.65
Building Features
- Number of Levels
- Yes
- Other
- Yes
Location, Tax, and Legal
- Parcel Number
- 036335820819737
- Municipality
- Coolbaugh Township
- High School District
- Pocono Mountain
- Cnty&Muni Taxes (Legacy)
- 14.63
- School Tax Amount
- 43.83
- Tax Annual Amount
- 58.46
- Tax Assessed Value
- 2202.07
- Tax Book Number
- 2178/2418
- Zoning Description
- Commercial
Business Type
- Fast Food
- Yes
- Grocery
- Yes
- Laundromat
- Yes
- Convenience Store
- Yes
- Gas Station
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Trade
- Yes
Possession
- Close Of Escrow
- Yes
Current Use
- Commercial
- Yes
Possible Use
- Shopping Center
- Yes
- Retail
- Yes
Rail Road Track
- None
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Heating
- Electric
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Road Frontage Type
- State Road
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
- Other
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
Signature Realty, LLC
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.
