246 N Courtland Street, East Stroudsburg, PA 18301
Mixed-use property featuring a restaurant, laundromat, and renovated apartment.
- Added:
- Feb 10, 2026
- Days on Market:
- 123
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 246 N Courtland Street
General Information
- Standard status
- Active
- Size
- 5,246 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agent Robert Velez License #PA RS330967
Listing office KW Commercial
Listing date Feb 10, 2026
Source Crexi
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 KW Commercial
HighLights
- Anchored by Palumbo's Pizzeria, a Poconos community staple for over 40 years.
- Mixed‑use investment property featuring a restaurant, laundromat, and renovated apartment.
- High traffic location seeing over 15,000 cars per day.
- Renovated 2nd‑floor apartment unit.
- Built in 2006.
- Great addition to any portfolio.
Overview
Local Financial Insights For Specialty 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 | $94.4k | $18.00 |
| − Vacancy | −$3.8k | −$0.72 |
| EGI | $90.7k | $17.28 |
| − OpEx | −$22.7k | −$4.32 |
| NOI | $68.0k | $12.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.1838335
- Latitude
- 41.0056048
