520 Main St - Storefront Retail/Residential FOR SALE


Hellertown, PA 18055
$1,200,000 USD
917-714-0720
520 Main St, Hellertown, PA for Sale
$1,200,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

520 Main St
Hellertown, PA 18055


HIGHLIGHTS

  • Close Proximity to Philadelphia and NYC
  • Unparalleled Visibility and Walkability
  • One mile south of I78 and easy access to local routes 33-22-309 and 191
  • Newly Constructed Crossings with high end brick walkways around town, featuring flashing lights with push button crosswalk
  • Situated on a signalized intersection with High profile bus stop and 15 minute loading zone
  • Three Story bavarian style brick building with a dry basement

OVERVIEW

520 Main Street, Any food establishment’s would work, Sandwich shops BBQ restaurants Perfect space for a Banquet Hall Buffet/ Smorgasbord / Diner /Cafeteria Sweet shop and ice cream parlor /candy / cafe Grocery / International Market Fruit and Vegetable Market Italian Restaurant Butcher Shop Seafood Market Bake Shop Chocolate Factory Factory of your choice Stationery /Book Store Car parts center Plumbing supply house Electrical supply house Clothing / Shoe store Gym /Yoga / Studio Pool Hall Laundromat Jewelry Exchange Medical supply Toy Store Appliance Store Vintage Record Store Professional Building Furniture Store Children store Pet Shop Veterinarian Clinic / Pet Grooming Print Shop , Newest concept, compliments and ideas of the landlord, A Department Store, Blending Luxury Retail with Dining, Art, And Experiences. Buy or lease Asking price, $1.2 for 8228 sf, $/psf $146.00 RENEWABLE 30 YEAR PLAN AVAILABLE. OR BALLOON PAYMENTS AT THE END OF EACH 10 YEAR TERM INTEREST RATE IS BASED ON THE 10 YEAR TREASURY, PLUS 1.5-2.75% AND AMORTIZED OVER 30 YEARS , THE TEN YEAR TERM WILL INCLUDE A LOCK OUT PERIOD THROUGHOUT THE TEN YEAR PERIOD. Or Another financing option available now. 25 yr Financing Term, Self Amortizing, Non Recourse, No Balloon Payments Required, Rate: WSJ. PRIME PLUS 1.5-2.75% With a 10 yr lockout Period IF THIS TRANSITION IS AN ALL CASH DEAL, A 1031 EXCHANGE PROCEDURE WILL BE IN FORCE . 520 Main Street, Leasing options,. Check out this exciting lineup, First #A , 3300 sf at $17.50 Psf plus cam chargers and all utilities , 3300 sf at $20. Psf plus cam chargers and all utilities, Both come with an 800 sf prime lower level space which can be upgraded, or used as is for storage, plus 425 sf which can be upgraded or used as is for storage, and another 425 sf that can be used for additional restrooms if necessary, the only cost to the tenants on the extra stated 800- 425 -and the other 425 sf will be the cam charges, known as property expenses, building services, and utilities. and will be delivered in as is condition. All of the following options come with a 75% reimbursement, except option first #A , which gets 0. Reimbursements And or First # B which gets 33% reimbursement for all interior upgrades via rent credits. Options, 2-3-4 5-6-7-8-9- & 10 Are Priced with a Stipulated Base Rent, Plus a Cam Charge which is Considered, Property expenses, building services and utilities. Second , south east front, 600 sf at $70. Psf Third, south middle, 998 sf at $20.Psf 198 sf on the ground floor, and 800sf of the lower level, Fourth, south side at rear of the space, 570 sf at $60.Psf Fifth , north middle of the building, 444 sf at $65.Psf this space comes with a sole use side door for deliveries and egress, no tables or chairs are permitted in the courtyard. Sixth , 400 sf at $80.Psf Seventh, 700 sf at $55. Psf Eighth, north east front, 700 sf and 200 sf loft at $45. Psf, this space comes with a sole use side door for deliveries and egress, no tables or chairs are permitted in the courtyard. Ninth A 700 sf Attic which includes a foyer on the second floor at $16. Psf Tenth This offer is only available to a future commercial tenant leasing space in the building, first come basis. The Apartment is 100% Reimbursement Comes without a cam charge, Yields two egresses, 700 sf at $30. Psf or the Apartment with an extra 200 sf at $30. Psf, Reimbursement’s will occur With the three estimate method and must be approved by the landlord in writing. Any upgrades will be Preformed by the tenants, tenant must pay for all the upgrades and buildout costs, Tenants must supervise all the upgrades and buildouts. Cam charges are not going to be included in the adjusted rent credits, And must be paid monthly. The landlord will allow free buildout time on an individual basis, the only monthly charge will be cam charges such as all utilities, property expenses, and building services. Compensation will commence once the certificate of occupancy is issued. Note, When the buildouts are completed, a Re measurement will take place to assure accuracy for both parties. Note, Regarding the reimbursement, The tenant must remain a tenant, in good standing’s and are current in all your obligations, the reimbursement process will continue until satisfied. But if you are no longer the legal tenant for one reason or another, The landlord will not be obligated to the agreed upon reimbursement process, And the landlord will be held harmless, All of these options will be delivered in as is condition COMMERCIAL MODIFIED GROSS LEASE EIGHT VEHICLE OFF STREET EXPANSIVE PARKING. ALSO AVAILABLE IN HELLERTOWN, AT 1057 MAIN STREET, PETITE , BOUTIQUE OFFICE, MEDICAL RETAIL,OR PROFESSIONAL SPACE. 765 SF, at $32. PSF. Plus property expenses and building services and utilities The cam charge is $232.00 monthly ,which includes water and sewer, trash and recycling. GAS AND ELECTRIC NOT INCLUDED PROFESSIONAL COMMERCIAL HVAC SYSTEM IS IN PLACE, $15,000.00 KEY MONEY IS REQUIRED FOR THIS BUILT OUT, However, as long as you leave the existing enclosed office space intact, the landlord will wave the key charge. INCLUDES THREE SEPARATE ENCLOSED OFFICE SPACES, The space has Next to new carpets, paint, and ceramic tile, ADA ceramic tile bathroom, PLUS PRIME OPEN SPACE, ORIGINALLY COST OVER $50,000.00 GRAND FOR THESE UPGRADES, 13 OFF STREET EXPANSIVE PARKING SPACES, Individual office space is also available within the premises. 90 sf at $110. Psf of enclosed office space 116 sf at $110. Psf of open space, which can be enclosed, and the landlord will reimburse the tenants 75% of the cost for all interior improvements through rent credits. 116 sf at $110. Psf of enclosed office space 48 sf at $135. Psf of enclosed office space In addition to the base rent, a cam charge will be added to the monthly rent the cam is considered property expenses, building services, utilities and janitorial services ALL OF THE SPACES ARE ADA ACCESSIBLE, AND WILL BE DELIVERED IN AS IS CONDITION ALSO AVAILABLE FOR LEASING AT A DIFFERENT LOCATION IN HELLERTOWN. 612 MAIN STREET IN HELLERTOWN. 150 SF. At $70. Psf of enclosed office space, Plus a cam charge which is considered, property expenses, building services, and all utilities. THE SPACE HAS A SEPARATE PRIVATE REAR DOOR ENTRANCE , AND COMES WITH A WINDOW, A WINDOW AIR CONDITIONING AND HEATING UNIT WILL BE SUPPLIED BY THE TENANT. OFF STREET PARKING, DELIVERED IN AS IS CONDITION. COMMERCIAL MODIFIED GROSS LEASE. MESSAGE OR EMAIL ANTHONY MONACO FOR FURTHER INFORMATION. CONTACT, ANTHONY MONACO CELL -917-714-0720 MONACOHILLINC@YAHOO.COM LISTING AGENT DEBI ROWLAND FROM REALITY ONE GROUP SUPREME 1-610-554-9399 Drowland@rogsupreme.com Debra Rowland.myrraltyonegroup.com EMAIL- MONACOHILLINC@YAHOO.COM,

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

15TC

APN/PARCEL ID

Q7SW3A 2 2 0715

ASK ABOUT THIS PROPERTY

Anthony MonacoMonaco Hill IncMore Info
917-714-0720

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Anthony MonacoMonaco Hill IncMore Info
917-714-0720

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