46-50 Crystal St, East Stroudsburg, PA 18301

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Sold Price
$2,350,000
List Price
$2,350,000

Property Description

50 Crystal Street presents a compelling mixed-use investment opportunity in the heart of East Stroudsburg, combining stable residential income with established commercial tenancy. The property is improved with a well-located multi-unit building comprised of eleven (11) two-bedroom apartment units, two (2) office suites, and is anchored by the long-standing Trackside Restaurant, a recognized local destination. The residential component consists of spacious two-bedroom apartments that appeal to a broad tenant base including professionals, service workers, and long-term local residents. The unit mix supports consistent occupancy and reliable cash flow, benefiting from strong rental demand within the East Stroudsburg market. The residential income provides diversification and stability, complementing the commercial tenancy below. The commercial portion of the building is highlighted by the Trackside Restaurant, which serves as an anchor tenant and traffic generator for the property. The restaurant's established presence enhances the overall desirability of the asset and contributes to consistent commercial income. In addition to the restaurant, the property includes two office suites (State Farm and Real Estate Office) suitable for professional, medical, or service-oriented users, offering flexibility and additional upside potential through leasing or repositioning. Strategically located on Crystal Street, the property benefits from proximity to downtown East Stroudsburg, East Stroudsburg University, regional employment centers, and major transportation corridors. The mixed-use configuration allows ownership to capitalize on multiple income streams while mitigating risk through tenant and use diversification. 50 Crystal Street is well suited for investors seeking a cash-flowing mixed-use asset with both residential and commercial components in an established and growing Pocono market. Real Estate only is being sold with the tenants in place; NO businesses.

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Listing provided by SER Commercial Real Estate, LLC

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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.