$405,000
Pocono Lake, PA 18347
MLS# PM-58071
Status: Closed
5718 sqft
1 / 13
Property Description
Great investment or user property. Fully rented, high traffic count on Route 940 in Pocono Lake. Progressive growth in the township makes this a smart investment. Pocono Springs Village, a $350 million Entertainment Destination Village will create 3200 new jobs. A New tire distributor will generate 80 jobs. This site is 4.35 acres, 514 ft. road frontage, level site with space for expansion. PLUS - OWNER FINANCING possibilities with reasonable terms. Owner can hold short or long term loan. Well maintained with no deferred maintenance. Fully rented complex with great potential for a new building and expansion on the existing building in a prime location on busy Route 940. Call now!
Details
Maps
Documents
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $405,000
Current Price: $405,000
Status: Closed
Listing Contract Date: 2018-05-30
Location, Tax, and Legal
Parcel Number: 19.16.1.37-1
Municipality: Tobyhanna Township
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 1604.45
School Tax Amount: 5956.82
Tax Annual Amount: 7561.27
Tax Assessed Value: 44030
Tax Book Number: 2365/5833
Zoning Description: Commercial
Land Lease YN: Yes
General Property Information
Above Grade Finished Area: 4718
Below Grade Finished Area: 0
Stories: 1
Number Of Buildings: 1
SqFt. Below Grade (Legacy): 1000
Year Built Source: Other
Basement YN: Yes
Leasable Area: 4718
Lot Size Acres: 4.35
Lot Size Dimensions: 514 x 797 x 873
List Price/SqFt: 81.32
Sold Price/SqFt: 70.83
Building Area Total: 5718
Year Built: 1962
Remarks and Miscellaneous
Public Historical Remarks: Roof: Ridged, Level: Single, Exterior Amenities: Sign, Exterior Amenities: Bldg Extension Psbl, #Doors: 6-10Full, Ceiling: 0-9FT, Miscellaneous: Zoning Code Commercial
Public Remarks: Great investment or user property. Fully rented, high traffic count on Route 940 in Pocono Lake. Progressive growth in the township makes this a smart investment. Pocono Springs Village, a $350 million Entertainment Destination Village will create 3200 new jobs. A New tire distributor will generate 80 jobs. This site is 4.35 acres, 514 ft. road frontage, level site with space for expansion. PLUS - OWNER FINANCING possibilities with reasonable terms. Owner can hold short or long term loan.
Well maintained with no deferred maintenance. Fully rented complex with great potential for a new building and expansion on the existing building in a prime location on busy Route 940. Call now!
Unit Details
Number Of Units Leased: 4
Business Type
Restaurant: 1
Convenience Store: 1
Gift Shop: 1
Professional Service: 1
Professional/Office: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Owner Pays
Water: 1
Hot Water: 1
Taxes: 1
Parking Fee: 1
Grounds Care: 1
Snow Removal: 1
Possession
Close Of Escrow: 1
Current Use
Commercial: 1
Office: 1
Possible Use
Medical/Dental: 1
Building Features
Ceiling Height: 9
Number of Levels: 1
Exterior Storage: 1
Number of Dock Doors: 10
Other: 1
Flood Plain: No
Rail Road Track
None: 1
Flooring
Carpet: 1
Vinyl: 1
Construction Materials
Frame: 1
Roof
Other: 1
Electric
200 or Less Amp Service: 1
Cooling
Wall/Window Unit(s): 1
None: 1
Heating
Natural Gas: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Utilities
Natural Gas Available: 1
Exterior Features
Other: 1
Parking Features
On Site: 1
Road Frontage Type
Road Frontage Length: 514
State Road: 1
Highway: 1
Road Surface Type
Paved: 1
Chip And Seal: 1
Road Responsibility
Private Maintained Road: 1
Documents Available
Plot Plan: 1
Location Tax and Legal
County: Monroe
Street Number: 965
Street Name: Route 940
Street Suffix: Route
City (Post Office): Pocono Lake
State: PA
Postal Code: 18347
Subdivision Name: Other
Status Change Information
Price Change Timestamp: 2019-05-28T15:46:40Z
Purchase Contract Date: 2019-10-19
Close Date: 2019-11-19
Close Price: 405000
Property Features
Listing Terms: Cash; Conventional; Owner May Carry
Owner Pays: Water; Hot Water; Taxes; Parking Fee; Grounds Care; Snow Removal
Possession: Close Of Escrow
Current Use: Commercial; Office
Possible Use: Medical/Dental
Business Type: Restaurant; Convenience Store; Gift Shop; Professional Service; Professional/Office
Building Features: Exterior Storage; Other
Rail Road Track: None
Flooring: Carpet; Vinyl
Construction Materials: Frame
Roof: Other
Electric: 200 or Less Amp Service
Cooling: Wall/Window Unit(s); None
Heating: Natural Gas
Water Source: Well
Sewer: Septic Tank
Utilities: Natural Gas Available
Exterior Features: Other
Parking Features: On Site
Road Frontage Type: State Road; Highway
Road Surface Type: Paved; Chip And Seal
Road Responsibility: Private Maintained Road
Documents Available: Plot Plan
Plot Plan 
Listing Office: CENTURY 21 Select Group - Blakeslee
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.