5243 Milford Rd, East Stroudsburg, PA

Retail for Sale - $650,000 - 2,510 Sq. Ft. on 0.43 acres

Agent Info

Loren Keim
Century 21 Keim Realtors

Property Info

  5243 Milford Rd
  East Stroudsburg PA 18302
UpdatedJanuary 28th, 2021
Building2,510 Sq. Ft.
Land0.43 acres


Property Description

$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.

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