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$895,000 Just Listed
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Property Description
KW Commercial presents a mixed-use investment opportunity positioned along a high-visibility corridor with traffic counts exceeding 15,000 vehicles per day. The property is anchored by Palumbo's Pizzeria, a well-established local favorite serving the Poconos for over 40 years. Featuring three income-producing units: a fully operating restaurant, a laundromat, and a recently renovated second-floor apartment. This asset offers stable tenancy and diversified revenue streams, making it an excellent addition to any investment portfolio. Offered at a 7.13% cap rate.
Full Property Details
Full Property Details for 246 N Courtland
General
- Price: $895,000
- Status: Active
- Type: Retail
- Source: Lehigh_Valley
- MLS ID: 772540
- Updated: Today (3/2/2026)
- Added to Site: Today
Parking
- Total Spaces: 24
Location
- Area: East Stroudsburg Boro
- County: Monroe
- Driving Directions: Take Interstate 80 East toward Stroudsburg. Take Exit 308 Prospect Street (US-209 Business) toward East Stroudsburg. Follow Prospect Street, then turn left onto North Courtland Street. Property will be on your right.
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Water: Public
Structural Information
- Square Feet: 5,276
- Year Built: 1916
Lot Features
- Street/Road Desc.: Asphalt
Disclosures and Reports
- Property ID: 5730112861140
Listed by KW Commercial - Northampton
Get Pre-Approved Today
Schools
Schools serving 246 N Courtland
School District:East Stroudsburg Area School District
| Name | Grades | Distance |
|---|---|---|
J M Hill El School 151 East Broad Street, East Stroudsburg, PA 18301 | K-5 | 0.3 mi |
J T Lambert Intermediate School 2000 Milford Road, East Stroudsburg, PA 18301 | 6-8 | 1.2 mi |
East Stroudsburg Shs South 279 North Courtland Street, East Stroudsburg, PA 18301 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 246 N Courtland
Date
Details
Price
Change
Source
3/02/2026
Listed
$895,000
52.99%
MLS
10/03/2005
Sold
$585,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 246 N Courtland
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,359
32%
$393,250
—
2024
$4,065
21%
$393,250
—
2023
$3,371
-38%
$393,250
-44%
2022
$5,413
-80%
$702,000
—
2021
$26,991
81%
$702,000
960%
2019
$14,951
—
$66,240
—
2018
$14,951
1%
$66,240
—
2017
$14,852
—
$66,240
—
2016
$14,813
—
$66,240
—
2015
$14,881
—
$66,240
—
2014
$14,881
—
$66,240
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 246 N Courtland
246 N Courtland, East Stroudsburg, PA 18301 (MLS# 772540) is a Retail property. 246 N Courtland is currently listed for $895,000 and was received on March 02, 2026. Want to learn more about 246 N Courtland? Do you have questions about finding other Retail real estate for sale in East Stroudsburg? You can browse all East Stroudsburg real estate or contact a Coldwell Banker agent to request more information.

