Office•Office Building•For Sale or Lease

2487 Milford Road, East Stroudsburg, Pennsylvania 18301

Sale Price $1,950,000
Lease Rate $12.86-$15.00 /SqFt MN
Sale Type Investment
Zoning C-1
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 1980
Year Renovated 2009
Stories 1
Cap Rate 5.34%
Gross Bldg 18,957 SqFt
Total Avail 3,352 SqFt
Avail 1,120 to 0 SqFt
Land Area 4.62 Acres
Ceiling Height 10.0 Ft
Net Op Inc $104,034.11
KW Commercial, The Daniel Perich Group is offering this commercial investment for sale in East Stroudsburg, The 8-unit property consists of 4 buildings with 82.3% occupancy. Property offers 119 parking spaces and visibility along Business Route 209. Mixed tenants include Enterprise, Lehigh Valley Health Network, automotive and church. KW Commercial, The Daniel Perich Group is offering this commercial space for lease in East Stroudsburg. On-site parking available. Large signage with visibility along Business Route 209 (Milford Road). The free-standing building is 1,120 square feet on two stories with three private offices, restroom, and storage area. The 2,232 square foot inline space was a former Karate studio. Space includes 1 EDU. Join Enterprise Rent-A-Car and Lehigh Valley Health Network. East Stroudsburg is located in Smithfield Township, Monroe County, PA. Property is along Milford Road (Business Route 209) with a current traffic count of 14,109 ADT. Neighboring businesses include Dollar General, Country Kettle, and Christmas Factory.

2 Spaces

2,232 SqFt
$15.00 MN
200
1
1,120 SqFt
$12.86 MN
10/31/2019 5:19:11 PM 4/28/2020 11:07:55 AM
Daniel Perich
Managing Director
KW Commercial, The Daniel Perich Group
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