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    5243 Milford Road

    East Stroudsburg, PA 18302
    • $650,000
    • STATUS: Available
    • ON SITE: 347 days
    • MLS #: 629011
    UPDATED: 167 min ago
    $650,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,510
      SQFT
    • $259
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1938
    County:

    School Ratings & Info

    School District:

    Description

    $12K/MONTH Projected Gross, $9.6K/MONTH Projected Net with 9.1% Projected Cap rate @ $650k 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. Located just 60 mins from NYC & 90 from Phili. Attractions bring millions of tourists, including, Great Wolf Ski Lodge & Indoor Water Park, Kalahari Resort, Camelback & Shawnee Ski Resorts, Mt. Airy Casino, & Crossings Outlet Store. Continue to operate as a Citgo, go unbranded or sign up with another company where they could invest in additional improvements in the property.

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    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-10-30T00:12:55.77.
    www.poconoshousehunting.com/homes/101082940
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    5243 Milford Road East Stroudsburg, PA 18302

    • Price: $650,000
    • Status: Available
    • Updated: 167 min ago
    • MLS #: 629011
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    2,510
    SQFT
    $259
    $/SQFT
    1938
    Built
    Neighborhood:
    Middle Smithfield Twp
    County:
    Monroe
    Area:
    Middle Smithfield Twp
    School District:
    East Stroudsburg
    Property Description
    $12K/MONTH Projected Gross, $9.6K/MONTH Projected Net with 9.1% Projected Cap rate @ $650k 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. Located just 60 mins from NYC & 90 from Phili. Attractions bring millions of tourists, including, Great Wolf Ski Lodge & Indoor Water Park, Kalahari Resort, Camelback & Shawnee Ski Resorts, Mt. Airy Casino, & Crossings Outlet Store. Continue to operate as a Citgo, go unbranded or sign up with another company where they could invest in additional improvements in the property.
    Exterior Features

    Construction Other Location Free-Standing Parking On Site Parking Spaces 50 Road City RoadState Surface Type Black Top

    Interior Features

    Available Sq Ft 2510 Building Sq Ft 2510 Ceiling 0-9 Feet10-12 Feet13-15 Feet16-18 Feet Cooling None Heat Type Electric

    Property Features

    Gross Income 208800 Level Grade Lot Size Source Tax Records Possible Financing CashConventional Potential Use Auto ServiceCarwashConvenience StoreMini MartOtherRetail Property Sub Type Category CommercialGarageRetail Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 6687.56 Water Public Zoning Code C1 - Commercial

    Listing provided courtesy of Century 21 Keim.


    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-10-30T00:12:55.77.
     
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    Sciota PA, 18354