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Property profile & analytics
FOR LEASE
Retail space

320 N Courtland St East Stroudsburg, PA 18301

15,602 SF 3.15 ac lot Built 1960
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-3492315
Property summary
AI-generated overview

This exceptional 4,116 square foot executive office suite, located on the second floor, presents a remarkable opportunity for a single tenant. The space boasts seven generously sized private offices, perfect for individual executives or team leaders. A sizable open office area provides flexibility for collaborative work and team expansion. A welcoming reception/waiting area creates a professional first impression for clients and visitors. The suite also includes a dedicated conference room for meetings and presentations, a convenient breakroom for employee relaxation, separate men's and women's restrooms, and ample storage space to accommodate all necessary office supplies and equipment. Its highly desirable in-town location offers unparalleled convenience, situated directly across from East Stroudsburg High School, in close proximity to East Stroudsburg University, and a local hospital. The all-inclusive gross rent significantly simplifies budgeting and management, encompassing water, sewer, gas, electric, real estate taxes, common area maintenance (CAM), property insurance, and garbage removal. This turnkey solution allows businesses to focus on their core operations without the added burden of utility and maintenance expenses. This is an exceptional opportunity to secure a premium office space in a highly sought-after location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 15,602 SF
Lot 3.15 ac (137,214 SF)
Zoning code C-1
APN 05-5.2.6.1
UPID US73-3492315
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Blue Ridge Lumber Company Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
$2.71M
Comparable Approach Comparable
$2.91M
Blend (final) Blend
$2.40M
Owner & transaction history
Grater LLC · 1 yrs held
Grater LLC
since 2024
Last sale
$2.4M
5 recorded transactions
2024
Price N/A
2024
$1.8M
2021
Price N/A
2020
$1.7M
2009
Price N/A
Zoning & alternative use
C-1 · East Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.4M +20.1%
Auto repair, garage $2.1M +3.9%
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More about this property
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