580 Coal Street, Lehighton, PA 18235 (MLS# PM-144765)

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580 Coal Street, Lehighton, PA 18235

New Listing

$1,550,000

Property Type: Commercial Sale Square Footage: 11,700 Lot Size (sq. ft.): 50,138 Status: Active

Current Price: $1,550,000 List Date: 9/16/2026 Last Modified: 9/16/2026

Overview

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 priva ... (Read more)

Listing Details MLS# PM-144765

General Property Information

Above Grade Finished Area: 11700
Building Area Total: 11700
Building Area Source: Public Records
Stories: Yes
Number Of Buildings: Yes
Year Built: 1945
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 30
Lot Size Acres: 1.151
Water Body Access YN: No
List Price/SqFt: 132.48

Property Features

Special Listing Conditions: Standard Listing Terms: Cash; Conventional Owner Pays: Water; Insurance; Taxes; Exterior Maintenance; HVAC Maintenance; Repairs; Grounds Care; Snow Removal Tenant Pays: Electricity; Gas; Sewer; Janitorial Service; Trash Collection Income Includes: Rent Only Operating Expense Includes: Insurance; Water/Sewer; Maintenance Structure; Maintenance Grounds; Pest Control; Snow Removal Financial Data Source: Owner Possession: Negotiable Structure Type: Mixed Use Current Use: Commercial Possible Use: Commercial; Investment Business Type: Education/School; Distribution Building Features: Prime Location; Window(s); Loading Dock(s); Delivery Door; Finished Office; Private Restrooms; Separate Utilities Accessibility Features: Accessible Approach with Ramp Construction Materials: Block; Concrete Foundation Details: Slab Electric: 200+ Amp Service; Circuit Breakers Cooling: Central Air Heating: Natural Gas Water Heater: Gas Security Features: Smoke Detector(s) Water Source: Public Sewer: Public Sewer Utilities: Cable Available; Natural Gas Connected Exterior Features: Lighting; Entry Flat or Ramped Access Parking Features: Parking Lot; On Site; Off Street; On Street; Lighted; Paved Lot Features: Corner Lot; Cleared Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type: Business
Listing Contract Date: 2026-09-14
Listing Service: Full Service

Location Tax and Legal

County: Carbon
Street Number: 580
Street Name: Coal
Street Suffix: Street
City (Post Office): Lehighton
State: PA
Postal Code: 18235
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: 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.

Unit Details

Number Of Units Leased: 2

More Information

Income and Expenses

Gross Income: 141600
Net Operating Income: 122816
Insurance Expense: 4218
Sewer Expense: 1200
Maintenance Expense: 750
Other Expense: 1200

Property Condition

Year Built Effective: 1945

Entry Information

Entry Level: Yes
Entry Location: front door

Meter Information

Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2

Location, Tax, and Legal

Parcel Number: 70A10-30-H1
Municipality: Lehighton Borough
County Tax Amount: 2395.07
Municipal Tax Amount: 1676.55
School Tax Amount: 7346.03
Tax Annual Amount: 11417.65
Tax Assessed Value: 136861
Tax Year: 2026
Tax Map Number: 70A10-30-H1
Tax Book Number: 2864
Tax Page Number: 133
Deed Recording Date: 2024-05-13
Zoning Description: Commercial

Currently Not Used

Number Of Units Total: 2

Business Type

Education/School: Yes
Distribution: Yes

Special Listing Conditions

Standard: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Owner Pays

Water: Yes
Insurance: Yes
Taxes: Yes
Exterior Maintenance: Yes
HVAC Maintenance: Yes
Repairs: Yes
Grounds Care: Yes
Snow Removal: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Janitorial Service: Yes
Trash Collection: Yes

Income Includes

Rent Only: Yes

Operating Expense Includes

Insurance: Yes
Water/Sewer: Yes
Maintenance Structure: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Snow Removal: Yes

Financial Data Source

Owner: Yes

Oil, Gas and Mineral Rights

Property Subject To Lease: No

Possession

Negotiable: Yes

Structure Type

Mixed Use: Yes

Current Use

Commercial: Yes

Possible Use

Commercial: Yes
Investment: Yes

Building Features

Prime Location: Yes
Window(s): Yes
Loading Dock(s): Yes
Delivery Door: Yes
Finished Office: Yes
Private Restrooms: Yes
Separate Utilities: Yes

Accessibility Features

Accessible Approach with Ramp: Yes

Construction Materials

Block: Yes
Concrete: Yes

Foundation Details

Slab: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Cooling

Central Air: Yes

Heating

Natural Gas: Yes

Water Heater

Gas: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Natural Gas Connected: Yes

Exterior Features

Lighting: Yes
Entry Flat or Ramped Access: Yes

Parking Features

Parking Lot: Yes
On Site: Yes
Off Street: Yes
On Street: Yes
Lighted: Yes
Paved: Yes

Lot Features

Corner Lot: Yes
Cleared: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Road Responsibility

Public Maintained Road: Yes

Listing Office: Gene Durigan Real Estate

Last Updated: September - 16 - 2026

Information deemed reliable but not guaranteed.