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690 Route 940
Pocono Lake, PA 18347
Sullivan Trail Inn and Suites · Hospitality Property For Sale · 11,173 SF

INVESTMENT HIGHLIGHTS

  • Center of A Major destination Tourst area for 50 Million people.
  • Has great upside for buyer who is marketing savvy.
  • On major well traveled highway

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 3.80 AC
Building Size 11,173 SF
No. Stories 1
Year Built/Renovated 1974/2019
Parking Ratio 2.6/1,000 SF
Corridor Exterior
Zoning R1 - Commercial Zone on Major highway in the Poconos Mountains of PA.

ABOUT 690 ROUTE 940 , POCONO LAKE, PA 18347

A Pocono Mountains Tourist area Inn and Suites Motel - In the Middle of the Poconos tourist area near ski resorts, Pocono raceway, multiple lakes, restaurants and most Pocono Attractions like casino, snowmobiling, horse riding, fishing, hunting, hiking, bike riding, outlet shopping, indoor and outdoor waterparks. The Poconos Mountains are vibrant with visitors from New York City, Philadelphia, Long Island and Northern and Southern New Jersey. This property is clean with recent upgrades and renovations. 25 Rooms Plus 2 bedroom Cottage Plus Owners quarters. 3.75 Acres allows room to expand units or commercial. Some recent upgrades. Lots of upside. Current owner has upgraded property but neglected marketing..... Put on your marketing hat. OWNER FINANCED. You must provide Proof of Funds for down payment and be accompanied by your agent to view.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19.15C.1.11
Land Assessment
$147,100
Improvements Assessment
$390,710
Total Assessment
$537,810
  • Listing ID: 21716733

  • Date on Market: 12/11/2020

  • Last Updated:

  • Address: 690 Route 940, Pocono Lake, PA 18347

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