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$585,000
5243 Milford Rd
East Stroudsburg, PA 18302
MLS# PM-85997
2510 sqft


5243 Milford Rd, East Stroudsburg, PA 18302
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Property Description
$12K/MONTH Projected Gross, $9.6K/MONTH Projected Net with 10.6% Projected Cap rate @ $585k Asking Price. This is a well-established turnkey business featuring multiple streams of income that is ready for the next owner. Convenience store, 1 bay garage & THREE (3), ONE (1) bedroom APARTMENTS on the 2nd floor. There are 2 gas pumps that are branded Citgo, these bring constant traffic to the pumps & the store. There is also a 2nd building that is 40x100 w/a long-standing tenant. Parking for up to 50 cars. Located on the heavily traveled Rt 209 next to Pocono Palace Resort, a year-round prime location.

Details
Maps
Address Information
Street Number: 5243
Street Name: Milford
Street Suffix: Rd
City (Post Office): East Stroudsburg
State/Province: PA
Zip Code: 18302
Listing & Location Information
Current Price: $585,000
County: Monroe
Municipality/ Twnshp: Middle Smithfield Township
List Price: $585,000
School District: East Stroudsburg Area
Property Information
Book Section: Commercial
Year Built: 1938
SqFt Above Grade: 2510
Total SqFt.: 2510
AreaSource: Public Records
Stories: 1
Total Acres: 0.43
Directions & Remarks
Fore: N
Financial Information
Cnty&Muni Taxes: 5355
School Taxes: 31965.7
Total Taxes: 37320.69
Office Information
Listing Date: 2021-03-29
Status: Active
Miscellaneous
Zoning Code: C-1
1st Right of Refusal: N
Property Features
Includes: Business; Building(s)
Also Includes : Equipment; Fixtures; Inventory
Existing Use : Commercial
Level : Grade
Location : FreeStnd
Construction : Frame
Parking : On-site
Road : Paved; Public
Road Type : City-Rd; State-rd
Road Surface : Blk-top
Potential Use : Auto Service; Carwash; Convenience Store; Minimart; Retail
Heat : Elec
Cool : None
Sewer : Public
Water : Public
Financing : Cash; Conventional
Possession : Negotiable

Last Updated: October - 01 - 2021

5243 Milford Rd, East Stroudsburg, PA 18302 - MLS# PM-85997

Information deemed reliable but not guaranteed.

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