255 E Central Ave - Freestanding FOR SALE


Bangor, PA 18013
$3,250,000 USD
610-393-3846
255 E Central Ave, Bangor, PA for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

255 E Central Ave
Bangor, PA 18013


HIGHLIGHTS

  • 6 parcels (Trolley shops, 2 vacant lots, 2 homes and a multi-unit residential structure)
  • High visibility corner lot with strong traffic count
  • Investment or Owner-occupied

OVERVIEW

Looking for the perfect 1031 exchange or a versatile owner-user property? This high-visibility, 4+ acre corner lot is a proven destination with multiple revenue streams and massive upside potential! The asset consists of two primary structures totaling over 11,800 SF. Building One (2001) houses a 176-seat restaurant, a state-of-the-art commercial kitchen, and a private upper-level event venue. Building Two (1900) provides excellent diversification with an active ice cream shop, office spaces, a 3-bedroom residential apartment, and adaptable commercial footprints ripe for subdivision. Backed by a 150+ vehicle parking capacity, multiple storage garages, newer metal roofs, and pristine FF&E, the property minimizes immediate capital expenditures while maximizing passive and active income. The list price represents all six parcels (3 of which contain residential structures plus two vacant lots), which include additional acreage and supplemental rental income.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$274 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Trolley Shops: Diner, Ice Cream & Car Barn

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,766 SF

ZONING

C-2

APN/PARCEL ID

D10SW2D4-1-0109

ASK ABOUT THIS PROPERTY

Latidia FisherHoward Hanna Real Estate ServicesMore Info
610-393-3846

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Latidia FisherHoward Hanna Real Estate ServicesMore Info
610-393-3846

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