239 E Brown St, East Stroudsburg, PA 18301

Property Description

$54/SF!! Built as Class A office space and occupied by St. Luke's University Health Network from 2012-2023 and still in the same pristine condition. Priced at just $54 per square foot - this location is hard to beat: right off I-80, one exit from New Jersey, directly across from Lehigh Valley Hospital-Pocono and East Stroudsburg University. OWNER-USER OPPORTUNITY: occupy one or more suites of turn-key, beautifully finished space and keep the remaining space as cash flow - the lower level and the 237 E Brown building are already leased. Available first-floor suites: 2,100 SF, 2,565 SF and 3,750 SF (also offered for lease separately). Two buildings totaling 27,573 SF on 1.87 acres: a 25,104 SF medical office building and a 2,469 SF two-story mixed-use building. Zoned IM - Institutional / Institutional Medical. REDEVELOPMENT UPSIDE: conceptual sketch plans show 40 apartments on the site (subject to municipal approvals).