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6890 Pa Rte 309

Lynn Twp, PA 18066
  • $875,000
  • STATUS: Available
  • ON SITE: 207 Days
  • MLS #: 672390
UPDATED: 70 min ago
$875,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,396
    SQFT
  • $137
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997
County:
Area:

School Ratings & Info

School District:

Description

Instant steady income with fully occupied strip mall located in convenient high traffic location. Laundromat business with equipment included in sale. Other current tenants include dance studio, church office, and beer distributor store. Real estate only.Approx. 7% cap rate, with room to grow AND with no major improvements/repairs needed for several years. New re-paved parking lot in 2021.

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© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-01-26T10:12:57.673.
www.smartwayamerica.com/homes/118935882
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6890 Pa Rte 309 Lynn Twp, PA 18066

  • Price: $875,000
  • Status: Available
  • On Site: 207 Days
  • Updated: 70 min ago
  • MLS #: 672390
0
Beds
0
Baths
0
½ Baths
1
Acres
6,396
SQFT
$137
$/SQFT
1997
Built
Neighborhood:
Lynn
County:
Lehigh
Area:
Lynn
School District:
Northwestern Lehigh
Property Description
Instant steady income with fully occupied strip mall located in convenient high traffic location. Laundromat business with equipment included in sale. Other current tenants include dance studio, church office, and beer distributor store. Real estate only.Approx. 7% cap rate, with room to grow AND with no major improvements/repairs needed for several years. New re-paved parking lot in 2021.
Exterior Features

Construction Masonry Location CornerShopping Center Parking On Site Parking Spaces 10 Road State Surface Type Black Top

Interior Features

Available Sq Ft 2400 Building Sq Ft 6396 Ceiling 10-12 Feet Cooling Central Ac Heat Type HvacOil Miscellaneous Concrete FloorDelivery DoorDisplay WindowFurniture & FixturesInside StorageLicensesRestrooms-Private Office Sq Ft 100

Property Features

Gross Income 91224 Level Grade Lot Size Source Tax Records Net Income 69621 Possible Financing CashConventional Potential Use Convenience StoreGrocery StoreMini MartRetail Property Sub Type Category CommercialOtherRetail Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 10276.02 Type Of Lease Gross Utilities 220 Volt Water Well Zoning Code Gcgi

Listing provided courtesy of Re/Max Unlimited Real Estate.


© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-01-26T10:12:57.673.
 
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528 Seven Bridge Rd. Suite 107
East Stroudsburg PA, 18301