239-241 N 1st St - Storefront FOR SALE


Lehighton, PA 18235
$1,500,000 USD
484-417-2217
239-241 N 1st St, Lehighton, PA for Sale
$1,500,000 USD
Storefront - FOR SALE
1/2
null | Request Cap Rate

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239-241 N 1st St
Lehighton, PA 18235


HIGHLIGHTS

  • Prime Redevelopment or Re-Tenanting Opportunity
  • Strategic Downtown Location with Strong Visibility
  • Existing Income with Exceptional Regional Accessibility

OVERVIEW

Equity CRE is pleased to offer the opportunity to purchase a ±22,400 SF vacant 2-tenant building on N. 1st St in Lehighton, PA. This former Rite Aid & Lehigh Valley Health building sits on ±1.83 AC in one of downtown Lehighton’s primary commercial corridors, offering prime visibility to both vehicular and pedestrian traffic in both directions on 1st St. While the building is vacant, there is an active Wells Fargo ATM in the parking lot that provides active rental income. The property is located just off the intersection of N. 1st St, US-209, and PA-443/PA-248, providing convenient regional access. Additionally, it sits approximately 3 miles from Exit 74 of the PA Turnpike's Northeast Extension (I-476) and is roughly a 40-minute drive from Lehigh Valley International Airport in Allentown. This central position places the property within comfortable reach of both the Lehigh Valley and the Greater Scranton/Wilkes-Barre markets. This property is being offered in “as-is” condition, and the seller is not obligated to provide property improvements or alterations.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

C-2 Commercial

APN/PARCEL ID

70A10-30-S9,10

ASK ABOUT THIS PROPERTY

Bart DelfinerEquity CREMore Info
484-417-2217

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Bart DelfinerEquity CREMore Info
484-417-2217

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.