Incredible investment to acquire a premier commercial property located in one of the community's finest, most prestigious buildings. Commandingly situated on a highly visible corner lot, this property offers exceptional accessibility with an abundance of both off-street and dedicated on-street parking. Spanning a total of 11,700 square feet of fully leased space, the property features a stable, diversified income stream from two established tenants occupying 7,900 square feet and 3,800 square feet respectively. Interestingly this tenant utilizing 7,900 sq ft space has been a tenant for 22 years. Generating a robust gross rental income of $141,600 per year, this low-maintenance asset represents a turn key addition to any portfolio. Operating expenses include taxes, insurance, maintenance, and utility costs are only $18,784, providing immediate cash flow of $122,816.00 per year. Unmatched location, superior asset quality, and immediate cash flow make this a rare find. Schedule your private tour today.
Listed By
Agency Name: Gene Durigan Real Estate - Lehighton
Agency Phone: 6103774488
Shown By
Agent Name: Michael Pinko
Agent Phone: (570) 899-3865
Agency Title: Lewith & Freeman
Lewith & Freeman Michael Pinko (570) 899-3865
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580 Coal Street , Lehighton, PA 18235.
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580 Coal Street , Lehighton, PA 18235.
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580 Coal Street | MLS# PACC2008174
This commercial property located at 580 Coal Street , Lehighton, PA 18235 is currently listed for sale with an asking price of $1,550,000. Coal Street is located within the LEHIGHTON AREA school district. Search Lehighton real estate on mpinko.lewith-freeman.com today.