Standalone Office Building with
705 Milford Rd East Stroudsburg, PA 18301
New
For Sale
Contact for pricing
Pending
Stand-alone office building currently configured as a bank with multiple drive-thru lanes and interior office spaces.
Property Size5,434 SF
Days on Market5
Property Features for 705 Milford Rd
General Information
- Standard status
- Pending
- Size
- 5,434 SF
- Property subtype
- RETAIL
Listing Agency:
Feinberg Real Estate Advisors, LLC
(610) 709-6233
Listed By:
Cindy McDonnell Feinberg · License #RM423190
Source:
Moodyscre
Added: Jul 21
Changed: Jul 25
Last Checked: Jul 25 at 2:23AM
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
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 For Office B
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 | $130.4k | $24.00 |
| − Vacancy | −$16.6k | −$3.05 |
| EGI | $113.9k | $20.95 |
| − OpEx | −$28.5k | −$5.24 |
| NOI | $85.4k | $15.71 |
5,434 SF · lease $24.00/SF/yr · vacancy 12.70% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
FAQs
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
