2020 Milford RdEast Stroudsburg, PA 18301

Property Details for 2020 Milford Rd

Year built

1992

Construction

FRAME

Lot size

1.23 AC

Property size (Sq ft)

2,240 SF

Zone code

B1

Property type

Retail space

APN

16.7.1.10

APU

167110

Description

This exceptional commercial property, located at 2020 Milford Road in East Stroudsburg, Pennsylvania, presents a unique investment opportunity. The 2,240 square foot, single-story building sits on a sizable 1.23-acre lot, offering ample space and potential for various uses. Currently zoned for commercial purposes, the property is ideally suited for a convenience store and/or daycare center, given its existing configuration. The building's convenient location along Business Route 209, just north of Eagle Valley Corners, ensures high visibility and accessibility. The property boasts 20 on-site parking spaces, a significant advantage for customers and employees. Furthermore, the property benefits from access to public water and sewer services, eliminating the need for costly private infrastructure. The asking price is $349,000. This free-standing building represents a solid investment in a thriving Pennsylvania market. The property's size, location, and amenities make it an attractive option for both owner-operators and investors seeking a strong return on their investment. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $817,983

  6.5%

  $755,061

  7%

  $701,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $742,507

  Geo Method

  $737,550

• Alternative Use

  Use

  Valuation

  Residential

  $636,922

  Hospitality

  $583,417

  Educational

  $485,396

  Medical

  $502,090

  Retail

  $755,061

Location Insight

City

East Stroudsburg

County

Monroe

State

Pennsylvania

Latitude

41.025

Longitude

-75.1698

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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