Properties > Commercial Site/Lot > East Stroudsburg > 5029 Milford Road

1.78 Commercial Acres with Tax Incentives

$429,000

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…

General Information
Address5029 Milford Road
MunicipalityEast Stroudsburg
CountyMonroe
StatePA
ZIP18301
DescriptionPrime 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.
General NotesSome 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.
Area Information
Acreage Total1.78
Acreage Available1.78
Commercial Information
ZoningC-1
LERTAYes
Utilities Information
Electricity AvailableYes
Water AvailableYes
Sewage AvailableYes
Transportation Information
Arterial HighwayI-80
Distance to Arterial Highway6.00 miles
Limited Access HighwayRoute 209
International AirportLehigh Valley International
Distance to International Airport40.00 miles
General Aviation AirportStroudsburg-Pocono
Distance to General Airport4.50 miles
Transportation NotesTraffic Count: 18,000 VPD

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