1240 9Th StStroudsburg, PA 18360

Property Details for 1240 9Th St

Year built

1988

Construction

FRAME

Lot size

2.03 AC

Property size (Sq ft)

20,890 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Retail space

APN

17.12.5.10

APU

1712510

Description

This exceptional commercial property, located at 1240 N 9th Street in Stroudsburg, Pennsylvania, presents a remarkable leasing opportunity. The building, part of the Stroud Plaza development, sits at the highly visible intersection of Route 611 and Bridge Street, benefiting from a substantial daily traffic count of 25,000 vehicles. This prime location ensures maximum exposure for any business, attracting both local clientele and tourists exploring the Pocono region. The property offers a generous 2,850 square feet of space within a newly constructed building, ideal for a variety of commercial uses. The 2.03-acre lot provides ample parking and visibility. Flexible lease terms are available, allowing businesses to tailor their space to their specific needs. With a May occupancy date, businesses can quickly establish themselves in this thriving commercial area. This is a rare opportunity to secure a space in a high-demand location with excellent visibility and accessibility. Don't miss out on this chance to establish your business in the heart of Stroudsburg.

• CAP approach

  CAP return

  Valuation

  6%

  $7,628,418

  6.5%

  $7,041,616

  7%

  $6,538,644

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,924,542

  Geo Method

  $6,878,308

• Alternative Use

  Use

  Valuation

  Residential

  $5,939,867

  Hospitality

  $5,440,886

  Educational

  $4,526,754

  Medical

  $4,682,436

  Retail

  $7,041,616

Location Insight

City

Stroudsburg

County

Monroe

State

Pennsylvania

Latitude

40.9866

Longitude

-75.2264

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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