5069 Milford Rd - Residential Income FOR SALE


East Stroudsburg, PA 18302
$999,999 USD
512-766-9750
5069 Milford Rd, East Stroudsburg, PA for Sale
$999,999 USD
Residential Income - FOR SALE
1/36
null | Request Cap Rate

5069 Milford Rd
East Stroudsburg, PA 18302


HIGHLIGHTS

  • Unique Commercial Property & Redevelopment Opportunity on Route 209

OVERVIEW

Unique Commercial Property & Redevelopment Opportunity on Route 209 Fully licensed Airbnb situated on a commercially zoned lot along highly traveled Route 209. Continue operating as an Airbnb or potentially convert to an office, daycare, club, or other commercial use. Excellent redevelopment potential in a rapidly growing commercial corridor. Recent nearby projects include Tractor Supply, Dollar General, self-storage, and beer & wine retail. The property is positioned on the correct side of the road to capture heavy morning commuter traffic, making it a potentially strong location for a drive-through coffee shop or similar concept. The property is also located within the township's Revitalize 209 initiative, which offers potential grants to encourage investment and redevelopment along the corridor. C-1 Zoning

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$244 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C1

APN/PARCEL ID

09.9A.1.36

ASK ABOUT THIS PROPERTY

Thomas DonnellyGreen Monuntain Top LLCMore Info
512-766-9750

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Thomas DonnellyGreen Monuntain Top LLCMore Info
512-766-9750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.