320 Courtland StEast Stroudsburg, PA 18301

Property Details for 320 Courtland St

Year built

1960

Lot size

3.15 AC

Property size (Sq ft)

15,602 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

05-5.2.6.1

APU

55261

Description

This exceptional 4,116 square foot executive office suite, located on the second floor, presents a remarkable opportunity for a single tenant. The space boasts seven generously sized private offices, perfect for individual executives or team leaders. A sizable open office area provides flexibility for collaborative work and team expansion. A welcoming reception/waiting area creates a professional first impression for clients and visitors. The suite also includes a dedicated conference room for meetings and presentations, a convenient breakroom for employee relaxation, separate men's and women's restrooms, and ample storage space to accommodate all necessary office supplies and equipment. Its highly desirable in-town location offers unparalleled convenience, situated directly across from East Stroudsburg High School, in close proximity to East Stroudsburg University, and a local hospital. The all-inclusive gross rent significantly simplifies budgeting and management, encompassing water, sewer, gas, electric, real estate taxes, common area maintenance (CAM), property insurance, and garbage removal. This turnkey solution allows businesses to focus on their core operations without the added burden of utility and maintenance expenses. This is an exceptional opportunity to secure a premium office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,697,394

  6.5%

  $5,259,134

  7%

  $4,883,481

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,171,695

  Geo Method

  $5,137,164

• Alternative Use

  Use

  Valuation

  Residential

  $4,436,276

  Hospitality

  $4,063,605

  Educational

  $3,380,872

  Medical

  $3,497,145

  Retail

  $5,259,134

Location Insight

City

East Stroudsburg

County

Monroe

State

Pennsylvania

Latitude

41.0072

Longitude

-75.1837

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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