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    625 Main St Stroudsburg, PA 18360

    Pending
    For Sale
    $2,950,000

    LAND - Stroudsburg, PA

    Lot size:
    0.32 Acres
    Days on Market:
    265
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 625 Main St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    18-2.2.7.2
    Lot size
    0.32 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    Iron Valley Real Estate Pocono (570) 424-0926 [email protected]

    Listing agent Jane Hartin

    Listing date Mar 17, 2025

    Copyright © 2025 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stroudsburg Development Project Plan

    This property features a 52-unit development project plan, including 50 apartments and 2 commercial units, along with 17 underground parking spaces. The site is located in the newly formed LERTA zone, which provides property tax abatements over 5 years. Situated in Stroudsburg, Pennsylvania, the site is located off Route 80 in a prime Main Street location, within walking distance to a hospital, East Stroudsburg University (ESU), and a bus station. The location is also walkable to wineries, eateries, bars, a local theater, multiple festivals, and a farmers market. Stroudsburg is the county seat, located 75 miles from New York City and 40 miles from the Lehigh Valley. The 0.32-acre land parcel has current approvals and plans, requiring only a few more steps to break ground. This project is intended for development and completion by a new owner. The town of Stroudsburg was recently named one of the 10 best small towns to retire in the US by Travel & Leisure.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.193442
    Latitude
    40.985154

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    FAQs

    What type of property is this?
    Apartment building - 52-unit development project in Stroudsburg, PA, with current approvals.
    Where is this apartment building located?
    The property is located at 625 Main St Stroudsburg, PA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Approved 52-unit development project (50 apartments, 2 commercial units) ready for completion.; - Located in a LERTA zone offering property tax abatements for 5 years.; - Prime Main Street location in Stroudsburg, PA, a recently recognized top small town for retirement.
    (570) 424-0926
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    625 Main St Stroudsburg, PA 18360
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    Stroudsburg, PA 18360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    625 Main St Stroudsburg, PA 18360
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