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Barrington Virgo

bvirgohomes@gmail.com +1(484) 426-3741

$ 1,550,000

Est. payment -/mo

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580 Coal ST Lehighton Boro, PA 18235

11,700 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,700 sqft

Price per Sqft $132

MLS Listing ID 784483

Construction Status Unknown

HOA Y/N No

Year Built 1945

Annual Tax Amount $11,417

Lot Size 1.160 Acres

Acres 1.16

Lot Dimensions 264 x 189.9

Property Sub-Type Commercial

Property Description

Incredible investment to acquire a premier commercial property located in one of the community's finest, most prestigious buildings. Commandingly situated on a highly visible corner lot, this property offers exceptional accessibility with an abundance of both off-street and dedicated on-street parking. Spanning a total of 11,700 square feet of fully leased space, the property features a stable, diversified income stream from two established tenants occupying 7,900 square feet and 3,800 square feet respectively. Interestingly this tenant utilizing 7,900 sq ft space has been a tenant for 22 years. Generating a robust gross rental income of $141,600 per year, this low-maintenance asset represents a turn key addition to any portfolio. Operating expenses include taxes, insurance, maintenance, and utility costs are only $18,784, providing immediate cash flow of $122,816.00 per year. Unmatched location, superior asset quality, and immediate cash flow make this a rare find. Schedule your private tour today.

Location

State PA

County Carbon

Area Lehighton

Direction Rt 209/N 1st Street Lehighton, Right on Coal Street, go 6 blocks to 6th & Coal. Property on Right corner.

Interior

Heating Gas

Cooling Central Air

Inclusions Real Estate Only

Fireplace No

Exterior

Water Access Desc Public

Street Surface Asphalt

Total Parking Spaces 30

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Lehighton

Others

Tax ID 70A10-30-H1

Special Listing Condition None

Listed by Gene Durigan Real Estate

Barrington Virgo

Agent License ID: RS340227

+1(484) 426-3741 | bvirgohomes@gmail.com

Barrington Virgo

580 Coal ST Lehighton Boro, PA 18235

Key Details

Location

Interior

Exterior

Building

Schools

Others

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580 Coal ST