Technical
Financial
Distress signals
Property profile

1240 9th St Stroudsburg, PA 18360

OFF-MARKET
Retail space
Property ID
US73-4139611
20,890 SF 2.03 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1240 N 9th Street in Stroudsburg, Pennsylvania, presents a remarkable leasing opportunity. The building, part of the Stroud Plaza development, sits at the highly visible intersection of Route 611 and Bridge Street, benefiting from a substantial daily traffic count of 25,000 vehicles. This prime location ensures maximum exposure for any business, attracting both local clientele and tourists exploring the Pocono region. The property offers a generous 2,850 square feet of space within a newly constructed building, ideal for a variety of commercial uses. The 2.03-acre lot provides ample parking and visibility. Flexible lease terms are available, allowing businesses to tailor their space to their specific needs. With a May occupancy date, businesses can quickly establish themselves in this thriving commercial area. This is a rare opportunity to secure a space in a high-demand location with excellent visibility and accessibility. Don't miss out on this chance to establish your business in the heart of Stroudsburg.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction FRAME
Total area 20,890 SF
Lot 2.03 ac (88,427 SF)
Zoning code C-2
APN 17.12.5.10
UPID US73-4139611

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tax Preparation
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Computer & Electronic Repair Tech Support Center
  • Restaurant
  • Alternative Medicine Practice Spa & Massage Center

Location

1240 9th St Stroudsburg, PA 18360-6507
Stroudsburg metro Census 301005 EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.63M
Comparable Approach Comparable
$2.63M
Blend (final) Blend
$2.63M

Owner & transaction history

Zoning & alternative use

C-2 · Stroudsburg, PA
Zoning description

C-2 Central Business Commercial. The provisions for the C-2 zones are intended to create, preserve and enhance the central business area, with a wide range of retail and service establishments, and are intended to create…

General category COMMERCIAL
Top alternative use upside
Restaurant $3.3M +20.1%
Auto repair, garage $2.8M +3.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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