2601 Milford RdEast Stroudsburg, PA 18301
- Retail properties
- 1,078 SF
Property Details for 2601 Milford Rd
- Year built
- 1928
- Construction
- FRAME
- Lot size
- 3.63 AC
- Property size (Sq ft)
- 1,078 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 16.5.1.6
- APU
- 16516
Description
This exceptional mixed-use investment opportunity in East Stroudsburg, Pennsylvania, presents a unique blend of established businesses and rental income. Located at a high-traffic, signalized intersection on Milford Road (2601 Milford Rd, 18301), this 7,577 square foot property sits on a 3.63-acre lot and boasts a well-established neighborhood pub and eatery. The pub features a complete kitchen, bar area, ample indoor and outdoor seating, and on-site parking. A significant asset is the included Monroe County liquor license, ensuring continued operational success. Adding to the investment appeal is a leased gas station and a separately rented single-family home generating an additional $2,500 per month in rental income. Built in 1928, this property offers a strong foundation for continued profitability, making it ideal for both restaurateurs seeking a turnkey operation and investors looking for passive income streams. The property's prime location and diverse income sources create a compelling investment opportunity with significant potential for growth and return. The strong income from the pub, combined with the consistent rental income, provides a robust and diversified revenue stream. This is a rare chance to acquire a well-established, multi-faceted business with significant upside potential. Asking price is $1,125,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $393,654
- 6.5%
- $363,373
- 7%
- $337,418
-
Comparable approach
- Method
- Valuation
- Relative Method
- $357,332
- Geo Method
- $354,946
-
Alternative Use
- Use
- Valuation
- Residential
- $306,519
- Hospitality
- $280,770
- Educational
- $233,597
- Medical
- $241,631
- Retail
- $363,373
Location Insight
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Latitude
- 41.0427
- Longitude
- -75.1285
- 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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