625 MAIN Street, Stroudsburg, PA 18360
$2,950,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
13,939
Status:
Pending
Current Price:
$2,950,000
List Date:
12/05/2023
Last Modified:
3/17/2025
Description
PRICE REDUCED! 52 UNIT DEVEL0PMENT PROJECT PLAN! 50 APT,2 commercial units & 17 underground parking spaces. The project has taken years to develop & is now ready for someone to take over & complete! The site is located in the newly formed LERTA zone, which gives property tax abatements over 5 yrs, in the quant tourist town of Stroudsburg, Pa. recently named 1 of 10 best small towns to retire in the US by Travel & Leisure. Site is off Rte 80 in a PRIME Main St location, min. to hosp., ESU, & bus station. Walkable to wineries, eateries,bars, a local theater featuring national acts, multiple festivals & a farmers market. Stroudsburg is the county seat, 75 miles from NYC & 40 miles from the Lehigh Valley. LAND WITH CURRENT APPROVALS & PLANS ONLY! Just a few steps to complete to break ground.
More Information MLS# PM-111394
Contract Information
Property Sub Type: Unimproved Land
List Price: $2,950,000
Current Price: $2,950,000
Status: Pending
Listing Contract Date: 2023-12-05
Listing Service: Full Service
Lease Considered YN: No
Location Tax and Legal
County: Monroe
Street Number: 625
Street Name: MAIN
Street Suffix: Street
City (Post Office): Stroudsburg
State: PA
Postal Code: 18360
Subdivision Name: None
General Property Information
Building Area Source: Public Records
Year Built Source: Other
Business Name: Shanti House LLC
Lot Size Acres: 0.32
Lot Size Dimensions: 75X200
Remarks and Miscellaneous
Public Historical Remarks: Miscellaneous: Zoning Code C2
Public Remarks: PRICE REDUCED! 52 UNIT DEVEL0PMENT PROJECT PLAN! 50 APT,2 commercial units & 17 underground parking spaces. The project has taken years to develop & is now ready for someone to take over & complete! The site is located in the newly formed LERTA zone, which gives property tax abatements over 5 yrs, in the quant tourist town of Stroudsburg, Pa. recently named 1 of 10 best small towns to retire in the US by Travel & Leisure. Site is off Rte 80 in a PRIME Main St location, min. to hosp., ESU, & bus station. Walkable to wineries, eateries,bars, a local theater featuring national acts, multiple festivals & a farmers market. Stroudsburg is the county seat, 75 miles from NYC & 40 miles from the Lehigh Valley. LAND WITH CURRENT APPROVALS & PLANS ONLY! Just a few steps to complete to break ground.
Status Change Information
Price Change Timestamp: 2024-10-25T13:40:49Z
Purchase Contract Date: 2025-03-16
Road Frontage Type
Road Frontage Length: 75
Property Features
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Current Use: Commercial
Possible Use: Multi-Family; Retail
Business Type: Bar/Tavern/Lounge; Restaurant
Property Condition: To Be Built
Building Features: See Remarks
Cooling: None
Heating: None
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Available
Road Frontage Type: State Road; Alley
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office: Iron Valley Real Estate Pocono
Last Updated: March - 17 - 2025
Information deemed reliable but not guaranteed.