746-748 Milford RdEast Stroudsburg, PA 18301

Property Details for 746-748 Milford Rd

Property size (Sq ft)

8,552 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 5-unit mixed-use property in East Stroudsburg, Pennsylvania, presents a compelling investment opportunity. Located at 746-748 Milford Rd, 18301, this 8,552 square foot building offers a blend of residential and commercial space. Currently, the property boasts two occupied apartments and three vacant commercial units, previously used for retail and/or office purposes. The asking price is $689,000, translating to $80.57 per square foot. The property's 50% occupancy rate provides immediate income potential, while the vacant commercial spaces offer significant upside through leasing. This prime location benefits from central utilities and existing impervious coverage, presenting potential for redevelopment or conversion into a multi-family property. The strategic blend of residential and commercial units allows for owner-occupancy, generating both rental income and personal use. This versatile property is ideally suited for an investor seeking a blend of immediate return and long-term growth potential in a desirable Pennsylvania location. The existing infrastructure and location make this a truly unique opportunity in the thriving East Stroudsburg market. Serious inquiries are encouraged to explore this promising investment.

Location Insight

City

East Stroudsburg

County

Monroe

State

Pennsylvania

Latitude

41.0197

Longitude

-75.1786

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