For Sale
$2,950,000

625 Main StStroudsburg, PA 18360

Prime Stroudsburg commercial land, 52-unit development plan.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 15,000 square foot commercial land parcel in Stroudsburg, Pennsylvania, presents a unique investment opportunity. Located at 625 Main St, in the heart of Stroudsburg, this C2 zoned property boasts a fully developed 52-unit project plan, ready for immediate implementation. The plan includes 50 apartments, two commercial units, and 17 underground parking spaces. Years of planning and approvals have already been completed, significantly reducing time to market. The property benefits from its location within a newly established LERTA zone, providing property tax abatements over five years. This prime Main Street location offers unparalleled convenience, with proximity to Route 80, a hospital, East Stroudsburg University, and the bus station. The vibrant downtown area is easily walkable, featuring wineries, restaurants, bars, a local theater hosting national acts, multiple festivals, and a farmers market. Stroudsburg's appeal is further enhanced by its designation as one of the ten best small towns to retire in the US by Travel & Leisure. Situated in Monroe County, this location is strategically positioned 75 miles from New York City and 40 miles from the Lehigh Valley. This is a rare opportunity to acquire land with existing approvals and plans, requiring minimal additional steps before commencing construction. The asking price is $2,950,000.

Highlights

  • 15,000 SF commercial land parcel in Stroudsburg, PA.
  • C2 zoned, with a fully approved 52-unit development plan (50 apartments, 2 commercial units, 17 underground parking spaces).
  • Located at 625 Main St., Stroudsburg, offering immediate development potential due to pre-existing approvals.
  • Benefits from a 5-year LERTA tax abatement.
  • Prime location near Route 80, hospital, East Stroudsburg University, and bus station, in a vibrant downtown area.
  • Asking price: $2,950,000.

Property Details for 625 Main St

Property type
Land

Location Insight

City
Stroudsburg
County
Monroe
State
Pennsylvania
Latitude
40.9831551
Longitude
-75.2013524
625 Main St, Stroudsburg, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
625 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message