Turnkey Two-Bay Auto Repair
2115 Milford Road East Stroudsburg, PA 18301
2115 Milford Road, East Stroudsburg, PA, 18301
$699,000
For Sale
$699,000
COMMERCIAL - East Stroudsburg, PA
Property Size3,370 SF
Lot Size1.09 Acres
Price / SF$207.42
Days on Market710
Property Features for 2115 Milford Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 16.7.1.25-1
- Size
- 3,370 SF
- Lot size
- 1.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14048
Utilities
- Sewer type
- Septic Tank
- Water source
- Well
Building Details
- Year built
- 1946
- Floors in Building
- 1
Listing Agency
SER Commercial Real Estate, LLC
(570) 431-7400
215 Independence Rd, East Stroudsburg, PA
Listed by
George Vlamis · License #RS278068
(570) 431-7400
Added: Aug 6, 2024 Checked: Jul 16 at 5:06 pm
MLS# PM-117959
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 turnkey auto repair property is built around a two-bay service garage with office space and all necessary equipment to operate. The offering also includes an attached three-bedroom residence that can be used as an owner-occupied home or rented for additional income.
The property is positioned along Route 209 in East Stroudsburg, providing visibility and traffic exposure.
Set on 1.09 acres with a total size listed at 3,370 square feet, the combination of shop space, office, equipment, and attached residential living makes the property a straightforward fit for an owner-operator looking to control both operations and housing in one place.
The property is positioned along Route 209 in East Stroudsburg, providing visibility and traffic exposure.
Set on 1.09 acres with a total size listed at 3,370 square feet, the combination of shop space, office, equipment, and attached residential living makes the property a straightforward fit for an owner-operator looking to control both operations and housing in one place.
Key Highlights
- Turnkey auto repair shop on Route 209 in East Stroudsburg with 2‑bay service garage
- Includes office space and all necessary equipment for the auto repair business
- Property totals 1.09 acres, with an attached 3‑bedroom residence
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.7k | $18.00 |
| − Vacancy | −$6.4k | −$1.89 |
| EGI | $54.3k | $16.11 |
| − OpEx | −$16.3k | −$4.83 |
| NOI | $38.0k | $11.28 |
3,370 SF · lease $18.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$542.9K
$475.0K – $633.4K
NOI $38,003 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$431.4K
$377.5K – $503.4K
NOI $30,201 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$1.01M
$882.6K – $1.18M
NOI $70,608 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Leatherneck ATR
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- J & M Services Center — 624 N Courtland St, East Stroudsburg, PA 18301
- Dean's Autosport & Repairs — 380 Oak St, East Stroudsburg, PA 18301
- R&L Automotive LLC — 123 Progress St, East Stroudsburg, PA 18301
- Lupos Auto Repair & Towing — 65 Mill Creek Rd, East Stroudsburg, PA 18301
- B & E Automotive (Mobile Mechanic Services) — 190 King St, East Stroudsburg, PA 18301
FAQs
What type of property is this?
Auto shop - Turnkey auto repair facility with a two-bay garage, office space, and included equipment, plus an attached three-bedroom residence.
Where is this auto shop located?
The property is located at 2115 Milford Road East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Turnkey auto repair shop on Route 209 in East Stroudsburg with 2‑bay service garage; Includes office space and all necessary equipment for the auto repair business; Property totals 1.09 acres, with an attached 3‑bedroom residence