Five-Unit Mixed-Use
New
For Sale
$950,000
516 Main Street, Stroudsburg, PA 18360
Commercial Sale, Stroudsburg, PA
Property Size5,964 SF
Lot Size0.04 Acres
Price / SF$159.29
Days on Market7
Property Features for 516 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Stroudsburg Borough
Standard status
Active
APN
18-2.2.5.7
Size
5,964 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17383
Building Details
Year built
1902
Floors in Building
4
Listing Agency:
SER Commercial Real Estate, LLC
(570) 431-7400
Listed By:
Brian K Coyne · License #AB068391
(570) 350-3106
Added: Sep 30
Last Checked: Oct 6 at 2:06AM
MLS# PM-145203
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 5,964-square-foot brick mixed-use building contains five units: two commercial storefronts at street level and three apartments above. The residential mix includes two four-bedroom apartments and one one-bedroom apartment. All five units are currently rented. The building dates to 1902 and occupies a 0.04-acre parcel.
The property is next to the Sherman Theater, with Main Street businesses and restaurants within walking distance.
The property is next to the Sherman Theater, with Main Street businesses and restaurants within walking distance.
Key Highlights
- Five‑unit building with two storefronts and three apartments
- All five units are currently rented
- Apartment mix includes two 4‑bedroom units and one 1‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,852
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,040
$1.4M
Cap Rate 7%
$1,012,171
$1.0M
Cap Rate 9%
$787,244
$787.2K
Market Conditions
NOI Build-Up for 5,964 SF
Gross rent
$128.8K $21.60/SF
− Vacancy
−$15.5K −$2.59/SF
EGI
$113.4K $19.01/SF
− OpEx
−$42.5K −$7.13/SF
NOI
$70.9K $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 Rate 5%
$1,417,040
Cap Rate 7%
$1,012,171
Cap Rate 9%
$787,244
Alternative Uses
Best Use
Mixed Use
$1.01M
$885.7K – $1.18M
NOI $70,852 @ 7.0% cap · market cap 7.46%
Second Best
Retail
$960.8K
$840.7K – $1.12M
NOI $67,256 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M
NOI $124,958 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,687
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor retail suites and three upper-level apartments are occupied.
Where is this mixed-use property located?
The property is located at 516 Main Street Stroudsburg, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Five‑unit building with two storefronts and three apartments; All five units are currently rented; Apartment mix includes two 4‑bedroom units and one 1‑bedroom unit
