1.78 Commercial Acres with Tax Incentives

5029 Milford Rd, East Stroudsburg, PA 18302, USA

$429,000.00 Asking Price

Prime Monroe County, PA location with numerous potential uses in a LERTA zone! Site provides ample frontage along main commercial corridor with flat street-level topography and existing impervious surface.

Property Details

General Information

Address: 5029 Milford Rd, East Stroudsburg, PA 18302, USA
Latitude/Longitude: 41.052067, -75.1061279
Municipality: Middle Smithfield Township
County: Monroe

General Notes

Some permitted uses include: Light manufacturing, retail, restaurant, office, hotel/motel, vehicle sales/service, place of worship, funeral home. LERTA (Local Economic Revitalization Tax Assistance) allows local taxing authorities (county, township & school district) to grant tax abatements on improvements made to business properties in designated areas. Tax abatement is over 5 years starting with 100% and decreasing by 20% per year.

Building & Structure Information

Area & Land Information

Total Acreage: 1.78
Acreage Available: 1.78

Commercial Information

Zoning: C-1

Tax Abatement Program: LERTA

Utilities Information

Electricity Available: Yes

Water Available: Yes

Sewage Available: Yes

Transportation

Arterial Highway: I-80
Distance to Arterial Highway: 6.00

Limited Access Highway: Route 209
Distance to Limited Access Highway:

International Airport: Lehigh Valley International
Distance to International Airport: 40.00

General Aviation Airport: Stroudsburg-Pocono
Distance to General Airport: 4.50

Transportation Notes

Traffic Count: 18,000 VPD

Topography Information


Additional Documents

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