746-748 Milford Rd East Stroudsburg, PA 18301
- Retail properties
- 8,552 SF
Current Use by Public Records
- Retail properties
Property Details for 746-748 Milford Rd
- Property size
- 8,552 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional 5-unit mixed-use property in East Stroudsburg, Pennsylvania, presents a compelling investment opportunity. Located at 746-748 Milford Rd, 18301, this 8,552 square foot building offers a blend of residential and commercial space. Currently, the property boasts two occupied apartments and three vacant commercial units, previously used for retail and/or office purposes. The asking price is $689,000, translating to $80.57 per square foot. The property's 50% occupancy rate provides immediate income potential, while the vacant commercial spaces offer significant upside through leasing. This prime location benefits from central utilities and existing impervious coverage, presenting potential for redevelopment or conversion into a multi-family property. The strategic blend of residential and commercial units allows for owner-occupancy, generating both rental income and personal use. This versatile property is ideally suited for an investor seeking a blend of immediate return and long-term growth potential in a desirable Pennsylvania location. The existing infrastructure and location make this a truly unique opportunity in the thriving East Stroudsburg market. Serious inquiries are encouraged to explore this promising investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Stroudsburg
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.1786
- Latitude
- 41.0197
