304 Drinker Turnpike
Covington Township, PA, 18424 $ 549,900
Bedrooms-- Baths-- Sq 6,568 Monthly Estimate*
$ 3,472
Commercial Property for sale in Covington Township, PA
for $549,900. This 6,568 square foot building was built in 1987 on a lot size of 1.93.
Exceptional mixed-use investment opportunity in the heart of the Poconos! This versatile income-producing property offers five potential revenue streams, including four residential units and approximately 3,000 square feet of commercial space, making it an excellent value-add opportunity for investors or owner-occupants. The property features one 3-bedroom apartment, two 1-bedroom apartments, a separate 1-bedroom cottage, and a spacious commercial space previously operated as a daycare. Whether your vision includes professional offices, retail, daycare, service business, or another approved commercial use, the flexible layout provides numerous possibilities. With multiple residential units already established and additional leasing opportunities available, investors have the ability to significantly increase cash flow by stabilizing the property. The separate cottage also provides an ideal option for an owner-occupant to live on-site while generating rental income from the remaining units. Strategically located on Route 435 with excellent visibility and just minutes from Kalahari Resort, Gouldsboro State Park, and Interstates 380, 84, and 81, this property benefits from strong year-round demand generated by the area's tourism, recreation, and local workforce. Whether you're looking to expand your investment portfolio, create multiple income streams, or capitalize on a property with tremendous upside potential, this unique mixed-use opportunity offers the flexibility and long-term value that investors are seeking. Schedule your private tour today and explore the possibilities.
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FeaturesGeneralSewer Public Sewer Septic Tank
Heating Baseboard Forced Air Hot Water Oil Propane
Cooling Ceiling Fan(s) Window Unit(s)
Possession Negotiable
Roof Shingle
Construction Materials Aluminum Siding Stucco Vinyl Siding
Year Built 1987
Electric 200+ Amp Service
Stories Count 2
Property Subtype Mixed Use
Tax Year 2026
Current Use Vacant Residential Mixed Use
County Lackawanna
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
City Covington Township
High School District North Pocono
Zoning Description Commercial
Open Parking Spaces 10.0
Lot Size Units Acres
Lot Size Square Feet 84070.8
Carport Y/N N
Property Attached Y/N N
Tax Annual Amount 8848.54
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Other Mixed Use Office Retail
Standard Status Active
Tax Lot 130
Legal Description 200X470x150x171x35x300 W-01 B-014 L-013
Senior Community None
New Construction None
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InteriorBasement Full Unfinished
Flooring Carpet Hardwood Tile Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 6568.0
Total Baths 0
Heating-Oil True
Heating-Baseboard True
Heating-Forced Air True
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ExteriorExterior Amenities Playground Fire Pit Private Yard
Fencing Front Yard Partial
Lot Features Few Trees
Water Source Well
Total Parking 10.0
Lot Size Area 1.93
Building Area Total 6568.0
Lot Size Acres 1.93
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type State Road
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Real Estate - AllentownBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,472
- Monthly Property Taxes
- $737
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
5127526 Elementary School
5127534 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/1/2026 | $549,900 | -4.28% | Price Down |
| 6/2/2026 | $574,500 | -2.46% | Price Down |
| 4/14/2026 | $589,000 | | Listed Price |