116 Airstrip RdEast Stroudsburg, PA 18301
- Industrial properties
- 5,280 SF
Property Details for 116 Airstrip Rd
- Year built
- 1998
- Lot size
- 0.92 AC
- Property size (Sq ft)
- 5,280 SF
- Zone code
- M1
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 16.113769
- APU
- 16113769
Description
This exceptional 5,280 square foot light industrial/flex building, situated on a 0.92-acre lot in East Stroudsburg, Pennsylvania, presents a compelling investment opportunity. Constructed in 1998, this well-maintained single building boasts a desirable split-block design. The property features a spacious clear-span warehouse area with 16-foot ceilings, serviced by public water and sewer, and equipped for three-phase power and natural gas. A significant highlight is the inclusion of a large hangar door on one end and a 14-foot overhead door on the other, providing unparalleled access and flexibility. The building also includes a recently updated 1,200 square foot office space, complete with a separate entrance, an ADA-compliant restroom, a kitchenette, and three private offices. A mezzanine above the office area adds valuable storage space. Ample parking and improved roadway access further enhance the property's appeal. Currently occupied under a short-term lease, this property is ideally suited for an end-user seeking a versatile and functional space. The property is zoned MI and its APN is 16731200574226. The asking price is $499,000, translating to $94.51 per square foot. This fee-simple ownership opportunity offers a rare combination of functionality, location, and value in a thriving Northeast Pennsylvania industrial park. The property is currently tenant-occupied
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,501,316
- Hospitality
- $1,375,198
- Educational
- $1,144,148
- Medical
- $1,183,497
- Retail
- $1,779,786
Location Insight
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Latitude
- 41.0356
- Longitude
- -75.1561
- CBSA code
- 20700
- CBSA name
- EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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