625 Main St, Stroudsburg, PA 18360

$2,950,000

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List Price
$2,950,000
MLS#
PM-138556
Acres
0.32

Property Description

PRICE REDUCED! 52 UNIT DEVEL0PMENT PROJECT PLAN! 50 APT,2 commercial units & 17 underground parking spaces. The project has taken years to develop & is now ready for someone to take over & complete! The site is located in the newly formed LERTA zone, which gives property tax abatements over 5 yrs, in the quant tourist town of Stroudsburg, Pa. recently named 1 of 10 best small towns to retire in the US by Travel & Leisure. Site is off Rte 80 in a PRIME Main St location, min. to hosp., ESU, & bus station. Walkable to wineries, eateries,bars, a local theater featuring national acts, multiple festivals & a farmers market. Stroudsburg is the county seat, 75 miles from NYC & 40 miles from the Lehigh Valley. LAND WITH CURRENT APPROVALS & PLANS ONLY! Just a few steps to complete to break ground. Property is located in an overlay district which allows for a total height of 85' if approved by borough counsel which could result in 120+ units with new plans.

Additional Information

Taxes
$7,774
Utilities
Natural Gas Available
Lot Size
13,939
Cooling
None
Heating
None
Water
Public

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Listing provided by The Collective Real Estate Agency

The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.