5243 Milford Rd
East Stroudsburg, PA 18302
5243 Milford · Retail Property For Sale
Property Facts
Amenities
- Air Conditioning
- Smoke Detector
About 5243 MILFORD RD , EAST STROUDSBURG, PA 18302
$12K/MONTH Projected Gross, $9.6K/MONTH Projected Net with 9.1% Projected Cap rate @ $650k Asking Price. This is a well-established turnkey business featuring multiple streams of income that is ready for the next owner. Convenience store, 1 bay garage & THREE (3), ONE (1) bedroom APARTMENTS on the 2nd floor. There are 2 gas pumps that are branded Citgo, these bring constant traffic to the pumps & the store. There is also a 2nd building that is 40x100 w/a long-standing tenant. Parking for up to 50 cars. Located on the heavily traveled Rt 209 next to Pocono Palace Resort, a year-round prime location. Located just 60 mins from NYC & 90 from Phili. Attractions bring millions of tourists, including, Great Wolf Ski Lodge & Indoor Water Park, Kalahari Resort, Camelback & Shawnee Ski Resorts, Mt. Airy Casino, & Crossings Outlet Store. Continue to operate as a Citgo, go unbranded or sign up with another company where they could invest in additional improvements in the property.
Property Taxes
| Parcel Number | 09.7.3.6-2 | Improvements Assessment | $448,350 |
| Land Assessment | $326,650 | Total Assessment | $775,000 |
Property Taxes
