Mixed-Use Building Near
For Sale
$1,600,000
1674 N 9th Street, Stroudsburg, PA 18360
C-2 commercial property with food-service and professional medical occupancy, public water and sewer, and direct hospital-campus context.
Property Size4,328 SF
Price / SF$369.69
Days on Market187
Property Features for 1674 N 9th Street
General Information
Standard status
Active
Size
4,328 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
C-2- Commercial, Commercial
Site & Location
Traffic Count
18,000 vehicles/day
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$13,708
Building Details
Building Size
4,328 SF
Year Built
1960
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Meisse Real Estate
(570) 259-7527
Listed By:
Paul Gibson · License #RS340695
(570) 259-7527
Source:
Sercommercial
Added: Feb 15
Changed: Aug 20
Last Checked: Aug 20 at 5:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meisse Real Estate
Investment Insights
Based on property information with market context.
This 4,328-square-foot mixed-use building contains three commercial occupancies: a Thai restaurant, a bagel shop, and a dentist office. Constructed in 1960, the property is served by public water and sewer and is designated C-2 Commercial.
The building is positioned at 1674 N 9th Street in Stroudsburg, directly across from St. Luke's Hospital Monroe Campus. The road carries an average traffic count of 18,000 cars per day, providing a prominent setting for the existing food-service and professional medical uses.
The building is positioned at 1674 N 9th Street in Stroudsburg, directly across from St. Luke's Hospital Monroe Campus. The road carries an average traffic count of 18,000 cars per day, providing a prominent setting for the existing food-service and professional medical uses.
Key Highlights
- 4,328‑square‑foot mixed‑use building constructed in 1960
- Three occupants: Thai restaurant, bagel shop, and dentist office
- C‑2 Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,010
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,360,200
$1.4M
Cap Rate 7%
$971,571
$971.6K
Cap Rate 9%
$755,667
$755.7K
Market Conditions
NOI Build-Up for 4,328 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$103.9K $24.00/SF
− Vacancy
−$13.2K −$3.05/SF
EGI
$90.7K $20.95/SF
− OpEx
−$22.7K −$5.24/SF
NOI
$68.0K $15.71/SF
Area
Monroe County, PA
Vacancy
12.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,360,200
Cap Rate 7%
$971,571
Cap Rate 9%
$755,667
Alternative Uses
Best Use
Office B
$971.6K
$850.1K – $1.13M
NOI $68,010 @ 7.0% cap · market cap 4.25%
Second Best
Specialty Retail
$801.3K
$701.1K – $934.9K
NOI $56,091 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,680 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 18360, PA
29,079
Population
12,743
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
86.5 sq mi
ZIP Area
336
Density / Sq Mi
$69,413
Median Household Income
$41,592
Median Earnings
$1,314
Median Rent
$286,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-2 commercial property with food-service and professional medical occupancy, public water and sewer, and direct hospital-campus context.
Where is this mixed-use property located?
The property is located at 1674 N 9th Street Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 4,328‑square‑foot mixed‑use building constructed in 1960; Three occupants: Thai restaurant, bagel shop, and dentist office; C‑2 Commercial zoning
