Office•Office Building•For Sale

325 Alum Street, Lehighton, Pennsylvania 18235

Sale Price $3,000,000
Sale Type Investment
Zoning C-2, I, R-2
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 1887
Year Renovated 2017
Cap Rate 8.78%
Gross Bldg 32,769 SqFt
RBA 29,810 SqFt
Land Area 1.7 Acres
Net Op Inc $263,366
KW Commercial is offering this 15-unit investment package for sale in Lehighton. The package includes three properties totaling 8 commercial units and 7 residential apartments. The investment offers an 8.71% blended CAP rate. Each property can be purchased individually. 325 Alum Street is a 3-story brick building located at the corner of 4th Street. The 12,500 square foot school building is occupied by Behavioral Health Associates Academy with a 10-year initial term expiring in 2027. Building has newly pointed brick, is ADA accessible and offers on-site parking. 1001 Mahoning Street is a 2-story building located at the corner of Route 902 (Mahoning Street) and South 10th Street. The 9,269 square foot building consists of 3 medical tenants, 1 professional office and 3 apartments. Property is adjacent to Lehighton High School and 0.2 mile from St. Luke’s Hospital Gnaden Huetten Campus. Commercial units are ADA accessible and property offers on-site parking. 146 North Street is a 3-story Victorian and brick building located at the corner of North 2nd Street. The approximately 11,000 square foot building consists of 3 commercial tenants and 4 apartments. Property is adjacent to the post office and across from Colonel Jacob Weiss Park. Lehighton is a borough in Carbon County, Pennsylvania, United States, 77 miles north of Philadelphia, and 54 miles south of Scranton. The population was 5,500 at the 2010 census. Lehighton is the most populous borough in Carbon County and the business hub of the county. Lehighton is served by I-476, US 209, PA 248, PA 443, and PA 902. Fullington Trailways provides daily bus service to destinations in New York and Pennsylvania.
6/5/2019 5:38:57 PM 6/6/2019 2:05:45 PM

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