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Improved Mixed-Use Land for Sale in Covington Township, Pennsylvania

304 Drinker Tpke, Covington Township, PA 18424

$549,900
2 acres
Active sale
$24.6k drop
Est $3,547/mo

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.

6,568
Sq feet
1987
Built

Location

Street address
304 Drinker Tpke
Zip code
18424
Community
Covington Township
School district
North Pocono
Elevation
1,924 feet
Coordinates
41.2717, -75.5057

Property details

Acreage
1.93 acres84,071 sq ft
Zoning
Commercial
MLS #
PMAR PM-140321
Posted

Property taxes

2026
$8,849

Parcels

  • 22701010004

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Lot

Features
Few Trees

Exterior

Parking Spaces
10
Features
Fire Pit, Playground, Private Yard

Structure

Stories
2
Basement
Full, Unfinished
Water
Well
Sewer
Public Sewer, Septic Tank
Heating
Baseboard, Forced Air, Hot Water, Oil, Propane
Cooling
Ceiling Fan(s), Window Unit(s)
Materials
Aluminum Siding, Stucco, Vinyl Siding
Roof
Shingle

Interior

Flooring
Carpet, Hardwood, Tile, Vinyl

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
July 1, 2026Price drop$549,900$24,600 -4.3%PMAR
June 2, 2026Price drop$574,500$14,500 -2.5%PMAR
Apr 15, 2026New listing$589,000PMAR
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This 1.93-acre property is located at 304 Drinker Tpke in Covington Township, PA 18424. The property is available for sale, priced at $549,900. It has a 6,568 square foot structure built in 1987.

Listed by Keller Williams Real Estate - Allentown, (610) 435-1800

Checked 2 hours agoUpdated

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Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Christopher Troxell
Keller Williams Real Estate - Allentown
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