132-142 S 3rd St - Office FOR SALE
Easton, PA 18042 |
$10,300,000 USD
703-559-7190
132-142 S 3rd St
Easton, PA 18042
HIGHLIGHTS
- Historic Community Asset: Formerly known as Heritage Lanes, the property has been part of the community for over 100 years.
- Complete High-Quality Renovation: The building underwent a full transformation, preserving original walls and industrial design elements.
- Class A Office Conversion: Originally a 21,000 SF single-story, now a two-story, 45,644 SF (GSF) Class A office building.
- Upgraded Parking: Renovation includes a fully upgraded underground parking garage with 30 spaces.
- Job Creation: The project has created more than 200 jobs, boosting the city’s economic renaissance.
- 10-Year LERTA Tax Abatement: Tenants benefit from reduced CAM expenses due to the tax abatement.
FOR SALE DETAILS
PRICE
$10,300,000 USD
PRICE/SF
$1,123 USD /SF
CAP RATE
7.34%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Heritage River View
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
A
YEAR BUILT
1920
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,572 SF
ZONING
-
APN/PARCEL ID
L9SE2B-13-4-0310
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703-559-7190
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703-559-7190
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