Standalone Office Building with
For Sale
Contact for pricing
Pending
705 Milford Rd, East Stroudsburg, PA 18301
Stand-alone office building currently configured as a bank with multiple drive-thru lanes and interior office spaces.
Property Size5,434 SF
Days on Market97
Property Features for 705 Milford Rd
General Information
Standard status
Pending
Size
5,434 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
conference rooms
lobby with skylights and cathedral ceilings
Building Details
Tenancy
Single
Listing Agency:
Feinberg Real Estate Advisors, LLC
(610) 709-6233
Listed By:
Cindy McDonnell Feinberg · License #RM423190
(610) 360-9733
Source:
Moodyscre
Added: Jul 21
Changed: Oct 5
Last Checked: Oct 24 at 4:58PM
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 Feinberg Real Estate Advisors, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This stand-alone office building is currently configured as a bank and includes multiple drive-thru lanes, a welcoming lobby with skylights and cathedral ceilings, conference rooms and offices, as well as a vault and teller stations. The exterior is professionally landscaped and well maintained.
The property is situated at a busy intersection of Routes 209 and 447 in East Stroudsburg, Pennsylvania, offering substantial signage exposure.
While designed for banking operations, the layout could be reconfigured for a range of uses, including professional or medical offices, retail, or restaurants, depending on tenant needs and approvals.
The property is situated at a busy intersection of Routes 209 and 447 in East Stroudsburg, Pennsylvania, offering substantial signage exposure.
While designed for banking operations, the layout could be reconfigured for a range of uses, including professional or medical offices, retail, or restaurants, depending on tenant needs and approvals.
Key Highlights
- Stand‑alone office building at the busy intersection of Routes 209 and 447 in East Stroudsburg, PA
- Currently configured as a bank with multiple drive‑thru lanes and interior office spaces
- Includes a welcoming lobby with skylights and cathedral ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,390
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,707,800
$1.7M
Cap Rate 7%
$1,219,857
$1.2M
Cap Rate 9%
$948,778
$948.8K
Market Conditions
NOI Build-Up for 5,434 SF
Gross rent
$130.4K $24.00/SF
− Vacancy
−$16.6K −$3.05/SF
EGI
$113.9K $20.95/SF
− OpEx
−$28.5K −$5.24/SF
NOI
$85.4K $15.71/SF
Area
Monroe County, PA
Vacancy
12.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,707,800
Cap Rate 7%
$1,219,857
Cap Rate 9%
$948,778
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.42M
NOI $85,390 @ 7.0% cap · market cap 5.34%
Second Best
Specialty Retail
$1.01M
$880.3K – $1.17M
NOI $70,425 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,853 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
354
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Bank - Stand-alone office building currently configured as a bank with multiple drive-thru lanes and interior office spaces.
Where is this bank located?
The property is located at 705 Milford Rd East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Stand‑alone office building at the busy intersection of Routes 209 and 447 in East Stroudsburg, PA; Currently configured as a bank with multiple drive‑thru lanes and interior office spaces; Includes a welcoming lobby with skylights and cathedral ceilings
