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.
| MLS # | 784483 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 22 |
| Listing Provided By | Gene Durigan Real Estate | Gail A. Christman |
| SQ Feet | 11,700 |
|---|---|
| Zoning | Comm |
| Acreage | 1.16 |
| Tax Annual Amount | 11417.65 |
|---|
| State | PA |
|---|---|
| County | Carbon |
| City | Lehighton Boro |
| Zip Code | 18235 |
| Area | Lehighton |
| Listing VS Median (in 18235) | |
Price: $1,490,000 low | high Med: $286,950 sqft: 11,700 low | high Med: 1,688 $ / sqft: $127 low | high Med: $170 On site: 22 low | high Med: 60.5 | |
| State | PA |
|---|---|
| County | Carbon |
| City | Lehighton Boro |
| Zip Code | 18235 |
| Area | Lehighton |
| Listing VS Median (in 18235) | |
Price: $1,490,000 low | high Med: $286,950 sqft: 11,700 low | high Med: 1,688 $ / sqft: $127 low | high Med: $170 On site: 22 low | high Med: 60.5 | |
![]() | $1,490,000580 Coal StreetLehighton Boro, PA 18235 |
![]() | $1,490,000580 Coal StreetLehighton, PA 18235 |