Mixed-Use Office
For Sale
$475,000
364 N Courtland Street, East Stroudsburg, PA 18301
Commercial Sale, East Stroudsburg, PA
Property Size2,912 SF
Lot Size0.18 Acres
Price / SF$163.12
Days on Market50
Property Features for 364 N Courtland Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
East Stroudsburg Borough
Standard status
Active
APN
05-6.2.11.9
Size
2,912 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9548
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
ADA accessible
Building Details
Year built
1900
Floors in Building
2
Building materials
Frame
Listing Agency:
TACM Commercial Realty Inc.
(570) 801-6170
Listed By:
Jennifer Mickens · License #RB068478
(570) 620-6931
Added: Aug 3
Changed: Sep 8
Last Checked: Sep 21 at 9:06PM
MLS# PM-143595
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 2,912-square-foot, two-story mixed-use building includes a 1,450-square-foot office area on the first floor and a 1,450-square-foot three-bedroom apartment above. Each level has its own entrance, creating a clear separation between the commercial and residential components. The building is ADA accessible and includes off-street parking behind the structure.
The upstairs apartment is currently rented. Built in 1900 with frame construction, the property is served by public water and public sewer, with electric heating and central air conditioning.
The upstairs apartment is currently rented. Built in 1900 with frame construction, the property is served by public water and public sewer, with electric heating and central air conditioning.
Key Highlights
- 2,912 SF two‑story mixed‑use building
- First‑floor office area measures 1,450 SQFT
- Second‑floor 1,450 SQFT apartment with 3BD layout
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
$34,595
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
7.28%
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%
$691,900
$691.9K
Cap Rate 7%
$494,214
$494.2K
Cap Rate 9%
$384,389
$384.4K
Market Conditions
NOI Build-Up for 2,912 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
$62.9K $21.60/SF
− Vacancy
−$7.5K −$2.59/SF
EGI
$55.4K $19.01/SF
− OpEx
−$20.8K −$7.13/SF
NOI
$34.6K $11.88/SF
Area
Monroe County, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$691,900
Cap Rate 7%
$494,214
Cap Rate 9%
$384,389
Alternative Uses
Best Use
Office B
$653.7K
$572.0K – $762.7K
NOI $45,759 @ 7.0% cap · market cap 9.63%
Second Best
Mixed Use
$494.2K
$432.4K – $576.6K
NOI $34,595 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$871.6K
$762.7K – $1.02M
NOI $61,012 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Office units
1
Residential units
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines ADA-accessible office space with a separately entered residential apartment and rear off-street parking.
Where is this mixed-use property located?
The property is located at 364 N Courtland Street East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,912 SF two‑story mixed‑use building; First‑floor office area measures 1,450 SQFT; Second‑floor 1,450 SQFT apartment with 3BD layout
