BEDS0
BATHS
MLS#PACC2008174
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLLEHIGHTON AREA
Property Description
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.
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: 90% Forced Air
Lot Size: 1.16 Acres
Taxes: $11,417
Year Built: 1945
Feature Descriptions
Accessibility: Doors - Swing In, Level Entry - Main
Exterior: Block, Concrete
Lot: Corner, Cleared, Not In Development
Lot Dimensions: 1.16 Acre(S)
Municipality: LEHIGHTON BORO
Parking Notes: Paved Parking, Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 30
Water: Public
Local Schools
School District: LEHIGHTON AREA
Listed By / Shown By
Listed By
Agency Name: Gene Durigan Real Estate - Lehighton
Agency Phone: 6103774488
Shown By
Agent Name: Tina Kosinski
Agent Phone: (717) 440-2467
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
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 www.tkrealestate.org today.