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37 Mill Creek 7,908 SF 100% Leased Office Building East Stroudsburg, PA 18301 $1,080,405 CAD ($136.62 CAD/SF) 7.29% Cap Rate



Investment Highlights
- New Roof 11/2025
- Existing Certificate of Non-Conforming Use
- Geothermal Heating and Cooling
Executive Summary
Discover an exceptional investment opportunity at 37 Mill Creek Road, a premier multi-tenant office building strategically located in the heart of East Stroudsburg. Boasting a robust Cap Rate 7.29%, this property is a turnkey powerhouse for savvy investors seeking immediate cash flow and long-term stability in the Pocono region. The building features approximately 7,908 square feet of versatile, professional space across three floors and a separate garage, currently configured to accommodate a diverse range of tenants with private office suites, and an existing daycare occupying 2 floors. Efficiency and modernity are at the core of this asset, which is serviced by a cost-effective geothermal heating and cooling system, significantly reducing overhead and appeal to environmentally conscious investors. A new roof was installed on the main building in November 2025. All rents include annual increases. The property is served by 3 phase electric and is zoned M1 Industrial. There is a Certificate of Non-conforming Use dating back to the 1988 construction permitting general office/commercial uses. This non-conforming was confirmed in 2006 and a new certificate was issued 2026. Documentation provided upon request. The property sits on a total of 4 lots. The main building and garage sit on one lot. The rear parking lot is on a separate lot. The geo-thermal ground loop sits on two lots across the street. The property is served by public water and a private septic system. The 4 parcels included in the sale are 17730219610425, 17730219611314, 17730219519199, 17730219610163 ***Income and expense numbers include both CapEx Reserves and and a Vacancy Factor of 3% each. Income after incurred expenses is $64,116.95 annually.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,908 SF
Building Class
B
Year Built/Renovated
1988/2006
Price
$1,080,405 CAD
Price Per SF
$136.62 CAD
Cap Rate
7.29%
NOI
$78,762 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,636 SF
Building FAR
0.12
Lot Size
1.49 AC
Zoning
M-1 - M-1 Industrial zoning district with certificate of non-conforming use for general commercial pursuant to 1988 zoning regulations.
Parking
39 Spaces (4.93 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 17.3A.2.2 | Total Assessment | $594,941 CAD |
| Land Assessment | $37,696 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $557,244 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
17.3A.2.2
Land Assessment
$37,696 CAD
Improvements Assessment
$557,244 CAD
Total Assessment
$594,941 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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37 Mill Creek
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