Fully Operating Neighborhood Pub w/ Rental Income

For Sale

Confidential, Stroudsburg, PA 18360

This Stroudsburg property for sale is located at Confidential. The current listed sale price for Fully Operating Neighborhood Pub w/ Rental Income is $2,650,000. Fully Operating Neighborhood Pub w/ Rental Income is situated on a lot that is 0.1 acre in size.

Contacts

broker

Terri Mickens, CCIM

TACM Commercial Realty

(570) 801-6170

Property Details

  • Property Type Retail - Restaurant
  • Property Size 15,498 SF
  • Units 11
  • Lot Size 0.1 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1902
  • Date Updated Mar 19, 2024
Located in the heart of Stroudsburg, Monroe County, PA. The vibrant downtown is home to museums and galleries, murals and music venues, wineries, and restaurants to please every palate.Historic Downtown Gem: Beautiful Restaurant with 10 Apartments FOR SALE Must-see, unique, opportunity in the heart of historic downtown Stroudsburg, where the charm of the past meets prosperity and growth. This property boasts, not only a thriving restaurant business, but also 10 updated and well-maintained apartments above, making it an exceptional investment. The sale includes the turn-key Pub/Restaurant business with a strong customer base and history. Good standing, fully staffed, well-maintained, and inviting & comfortable atmosphere over 2 levels. Includes multiple bars, dining area, party room, and separate area for special occasions and/or large get-togethers. Seats 100+ serving both locals and visitors alike with a folding glass wall for open-air feel and seasonal outdoor seating. The sale includes furniture, fixtures, equipment, and PA R-Liquor License. Established Restaurant Business: The sale includes a well-established and successful restaurant that has become a local favorite. With a loyal customer base and positive reviews, the business is ready for a new owner to take it to greater heights. Charming Apartments Above: Above the restaurant, discover a set of charming apartments, each with its own unique character. These residential spaces offer a perfect blend of historic charm and modern amenities, making them appealing to both long-term tenants and short-term rentals. Tourist-Friendly Atmosphere: The downtown location ensures that the restaurant and apartments cater to both locals and tourists. Take advantage of the Main St. foot traffic and explore the potential for additional income from higher rents or STR rentals. Historic Architecture: The building itself is a piece of history, featuring architectural details that add to its character and appeal. Renovations have been thoughtfully executed to preserve the historic charm while providing modern conveniences. Turnkey Operation: The sale includes not only the property but also the fully operational restaurant business. This turnkey operation allows for a seamless transition for the new owner. Financial Details: Financials are available upon request to serious inquiries by qualified buyers. Potential for increased revenue through marketing strategies and optimizing apartment rents and possible STR use. This is a rare opportunity to own a piece of history while securing a lucrative investment in hospitality and real estate of downtown Stroudsburg. If you're ready to take the reins of a successful restaurant and capitalize on the demand for downtown living, contact us for more details and to schedule a viewing.

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Highlights

  • 10 Apartments + Restaurant - Full Asset
  • Long-Standing Operating Business: Revenues in Excess of $1M
  • Full R - Monroe County Liquor License/FF&E Included
  • Additional $100k Apartment Rental Income w/ upside
  • Seating 100+ plus Outdoor Dining

Attachments

Getting around

  • 86/100

    Walk Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Stroudsburg, PA
  • Neighborhood Stroudsburg
  • Zip Code 18360

Points of Interest

  • ChargePoint

    0.19 miles

  • Gulf

    0.37 miles

  • Shell

    0.38 miles

  • Sunoco

    0.40 miles

  • Turkey Hill

    0.42 miles

  • Gulf

    0.49 miles

  • Valero

    0.65 miles

  • Walmart Fuel Center

    0.66 miles

  • Electrify America

    0.68 miles

  • Giant

    0.70 miles

  • Municipal Lot 3

    0.13 miles

  • Municipal Lot 5

    0.18 miles

  • Municipal Lot 2

    0.19 miles

  • Stroudsburg Parking Deck

    0.19 miles

  • Municipal Lot 1

    0.20 miles

  • Municipal Lot 4

    0.22 miles

  • Student Parking Lot

    0.60 miles

  • Delaware Water Gap Park & Ride

    2.64 miles

  • Lake Lenape Parking

    2.79 miles

  • Resort Point Overlook

    3.00 miles

  • Kabob House

    0.07 miles

  • Philly Steaks

    0.09 miles

  • Antojos (Latin Cravings)

    0.09 miles

  • Goomba's Pizza

    0.10 miles

  • Panda Kitchen

    0.12 miles

  • Nino's Italian Hotdogs

    0.12 miles

  • Cedar's Mediterranean Grill

    0.13 miles

  • Stroud Pizzeria & Italian Restaurant

    0.14 miles

  • Sarah Street Grill

    0.14 miles

  • Marita's Cantina

    0.14 miles

  • Main Street Plaza

    0.12 miles

  • Truly Italian

    0.29 miles

  • Keyco Warehouse Outlet

    0.33 miles

  • Walmart Supercenter

    0.65 miles

  • ALDI

    0.72 miles

  • Weis

    1.29 miles

  • JCPenney

    1.51 miles

  • Stroud Mall

    1.53 miles

  • ShopRite

    1.64 miles

  • Weis

    2.23 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Terri Mickens, CCIM

TACM Commercial Realty

(570) 801-6170