REQUEST A TOUR
$ 850,000
Est. payment | /mo
3,195 SqFt
$ 850,000
Est. payment | /mo
3,195 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,195 sqft
Price per Sqft $266
MLS Listing ID 782280
HOA Y/N No
Year Built 1948
Annual Tax Amount $3,290
Lot Size 0.603 Acres
Acres 0.603
Property Sub-Type Commercial
Property Description
Discover an unparalleled investment opportunity positioned for remarkable commercial success. This exceptional offering features two single-family detached houses, currently tenant-occupied and ideally situated within a commercially zoned area. Nestled adjacent to the thriving Fairmont Village Shopping Center and just moments from Route 309, this location provides outstanding visibility and accessibility, making it a strategic asset for any discerning investor. The existing rental income generates an impressive $62,400 annually, providing immediate returns. The potential for this site is truly boundless; consider transforming the current structures into versatile commercial office spaces, perfectly suited for a range of professional businesses. Alternatively, envision a complete redevelopment to bring a new commercial vision to life, limited only by your imagination. This is more than a property; it is a gateway to future prosperity in a highly desirable commercial corridor, offering a unique blend of immediate income and significant growth potential within a vibrant community.
Location
State PA
County Lehigh
Area Upper Saucon
Direction I-78, Route 309S, Right on Fairmont at CVS just past entrance on Right
Interior
Heating Oil
Cooling Central Air
Inclusions Real Estate Only
Fireplace No
Exterior
Water Access Desc Public
Street Surface Asphalt
Building
Sewer Public Sewer
Water Public
Schools
School District Southern Lehigh
Others
Tax ID 642359174618-1,642359074786-1
Special Listing Condition None
Listed by Preferred Properties Plus
Nearby Locations
Contact Me For More Information!