Search
Seven-Unit Downtown Shopping Center
For Sale
$1,400,000

19 Williams Street, Stroudsburg, PA 18360

Commercial Sale, Stroudsburg, PA

Property Size7,159 SF
Lot Size0.27 Acres
Price / SF$195.56
Days on Market96

Property Features for 19 Williams Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Zoning description Commercial
Elementary school district Stroudsburg Area
Middle school district Stroudsburg Area
High school district Stroudsburg Area
Subdivision Stroudsburg Borough
Standard status Active
APN 18-4.1.4.4
Size 7,159 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14578

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air, Wall/Window Unit(s), Electric, Window Unit(s)
Water source Public

Building Details

Year built 1930
Floors in Building 1
Roof type Rubber, Metal, Shingle
Listing Agency: SER Commercial Real Estate, LLC
Listed By: Jace Tutty
Added: May 20 Changed: Aug 21 Last Checked: Aug 23 at 6:06AM
MLS# PM-141516

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 7,159-square-foot shopping center contains seven occupied units, including five commercial retail spaces, an established mini mart, and one residential studio apartment. The mini mart business transfers with the property along with its inventory and equipment. Dedicated parking serves the plaza, while the building includes forced-air heating, multiple cooling systems, public water, and public sewer. Built in 1930, the property has rubber, metal, and shingle roofing.

The property occupies 0.27 acres at 19 Williams Street in downtown Stroudsburg, next to the YMCA. The surrounding setting includes the Stroudsburg Post Office, Monroe County Magistrate Court, the Office of the PA State Representative, Keyco Restaurant Supply, American Ribbon Factory, and an upcoming Lehigh Valley Health Network downtown clinic. C-2 zoning supports the property’s commercial classification.

Key Highlights

  • 7,159‑square‑foot shopping center with 7 occupied units
  • Five commercial retail units, an established mini mart, and 1 residential studio apartment
  • Mini mart business included with full inventory and equipment

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
$92,781
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
6.63%
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%
$1,855,620 $1.9M
Cap Rate 7%
$1,325,443 $1.3M
Cap Rate 9%
$1,030,900 $1.0M
Market Conditions
NOI Build-Up for 7,159 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
$128.9K $18.00/SF
− Vacancy
−$5.2K −$0.72/SF
EGI
$123.7K $17.28/SF
− OpEx
−$30.9K −$4.32/SF
NOI
$92.8K $12.96/SF
Area
Monroe County, PA
Vacancy
4.00%
Lease Rate
$18.00 /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%
$1,855,620
Cap Rate 7%
$1,325,443
Cap Rate 9%
$1,030,900

Alternative Uses

Best Use
Specialty Retail
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,781 @ 7.0% cap · market cap 6.63%
Second Best
Mixed Use
$1.21M
$1.06M – $1.42M (±1% cap)
NOI $85,049 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M (±1% cap)
NOI $149,995 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,602
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 23% Hotels & Casinos 12% Electronics 1%
Wawa Shops & Services
25,106 visits/mo 0.2 miles
Sunoco Shops & Services
11,029 visits/mo 0.4 miles
KFC Dining
9,081 visits/mo 0.5 miles
Dunkin' Donuts Dining
7,990 visits/mo 0.1 miles
Wells Fargo Shops & Services
7,382 visits/mo 0.5 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Monroe Plaza 51 N 3rd St, Stroudsburg, PA 18360

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied C-2 property combines retail suites, a mini mart, and a residential studio with dedicated parking.
Where is this shopping center located?
The property is located at 19 Williams Street Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 7,159‑square‑foot shopping center with 7 occupied units; Five commercial retail units, an established mini mart, and 1 residential studio apartment; Mini mart business included with full inventory and equipment
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message