Real Estate For Sale in...
 

60 MAIN, Alburtis, PA 18011

$5,498,000
Commercial Property MLS# 1001258625 ID: 48031222
$5,498,000 Get Rates

Commercial Sale - ALBURTIS, PA
High Grossing Investment opportunity in Eastern Pa. of commerical units consisting of corporate lodging facility with short and long term tenants at Lodge/Tavern and full service restaurant and dinner theater, corporate meeting center. Consisting of 16 lodging units (with seven additional possible current rental income of 230,820) and two commerical units (lease rate not disclosed). The dining facility is currently doing over 2.6 M in sales (with adjust income showing at 296,978)for an attractive 9.5 cap rate. For the investor not looking to operate the food service, there is a potential tenant to lease food service to a experienced operator. The property was recently appraised and valuations for this offering exceeding 4,406,000 for the real estate in addition to the tavern revenues, includes liquor and gaming licenses, equipment and business, fixtures. This investment is in the commerical district with captive Borough market. As a shopping center and business investment nine additional buildings, consisting of two additional commerical units, 15 other rental units, for 448,500/ yr. gross rents, plus tavern profits and could create a package valued at over 7,000,000 for a qualified purchaser. Some possible owner financing of this package if qualified. Owner maybe traveling a lot in the near future and we are looking for qualified owner operator to continue this growth and be rewarded handsomely! Confidentially agreement requested.

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Location Information near 60 MAIN
Offered by Theodore Van Wert at Iron Valley Real Estate of Lehigh Valley

Would you like more information regarding this property?
Please call (610) 766-7200.

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Property Features for 60 MAIN
Status
Market Status
Available
Last Updated
November 21, 2017
Description
Property Type
Commercial Property
Year Built
1900
Stories
4.0
Approx. Lot Size
0.99 Acres
Sq. Feet
23,853

Building Features

  • Roof: Composition Shingle
  • Stories: 4.0

Exterior Features

  • Exterior Construction: Brick and Wood; Masonry; Vinyl Siding; Wood Siding
  • Garage
  • Parking: Parking Lot; Paved or Surfaced

Interior Features

  • Floors: Brick; Tile; Vinyl; Wood

Legal/Financial

  • Taxes: 26407

Listing Features

  • Property Type: Commercial;
  • Theodore Van Wert
  • Iron Valley Real Estate of Lehigh Valley

Data Provided by:
TREND MLS

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More information about this $5,498,000 Commercial Property at 60 MAIN

This $5,498,000 Commercial Property at 60 MAIN in Alburtis, PA is presented by Theodore Van Wert. This $5,498,000 Commercial Property, located in the 18011 zip code, has the following property features: Parking, Exterior Construction, Garage, Stories. This 60 MAIN Commercial Property, located in Lehigh County , is listed under MLS listing number 1001258625 and has a listing price of $5,498,000. You can find more ALBURTIS homes for sale here.