2601 Milford RdEast Stroudsburg, PA 18301

  • Retail properties
  • 1,078 SF
For Sale
$1,125,000 View listing

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
2601 Milford Rd, East Stroudsburg, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,389
$544,500
$228,250
$772,750
-
$544,500
$228,250
$772,750

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