2601 Milford RdEast Stroudsburg, PA 18301

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

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.

• 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

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