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$1,100,000
580-590 Coal Street
Lehighton, PA 18235
MLS# PM-109525
13204 sqft


580-590 Coal Street, Lehighton, PA 18235
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Property Description
One of Lehighton's finest buildings is available for sale - On a corner lot -with loads of Off Street and on street parking on two streets. For an investor ~Good News is 2/3's of the building is currently rented for $7,000/ per month on a Gross Lease. This leaves just over 3700 sq. ft. available for a new purchaser for their business or profession or have the option to rent that space for $3,000/per month. The Building is in excellent condition, has gas heat, newer central air condition units, Front of the building currently has an open area measuring 50x40' that could be divided. In addition there are 8 individual rooms plus 2 restrooms. previous uses for this front space, included physical fitness center, church, as well as medical office space. Property is easy show- Call TODAY !

Details
Maps
Address Information
Street Number: 580-590
Street Name: Coal
Street Suffix: Street
City (Post Office): Lehighton
State/Province: PA
Zip Code: 18235
Listing & Location Information
Current Price: $1,100,000
County: Carbon
Municipality/ Twnshp: Lehighton Borough
List Price: $1,100,000
School District: Lehighton Area
Property Information
Book Section: Commercial
Year Built: 1945
SqFt Above Grade: 13204
Total SqFt.: 13204
AreaSource: Public Records
Stories: 1
Total Acres: 1.16
Directions & Remarks
Fore: N
Financial Information
Cnty&Muni Taxes: 3045.16
School Taxes: 7221.66
Total Taxes: 10266.82
Office Information
Listing Date: 2023-09-18
Status: Active
Buyer Agency Compensation: 3
Buyer Agency Compensation Type: %
Transaction Broker Compensation Type: %
Sub Agency Compensation: 3
Sub Agency Compensation Type: %
Miscellaneous
Zoning Code: Commercial
1st Right of Refusal: N
Financial Info
Gross Income$: 120000
Net Income$: 111050
Property Features
Includes: Building(s)
Level: Single
Construction: Masonry
Parking: Off-Pub; On-site
Road: Paved; Public
Road Type: City-Rd
Road Frontage Type: City Street
Road Surface Type: Blk-top
Potential Use: Church; Medical; Office/Professional; Professional Service
Heating: Gas
Cooling: Central Air
Sewer: Public
Water Source: Public
Showing Requirements: Showing Service
Financing: Cash; Conventional
Possession: Immediate; Settlement

Listing Office: Gene Durigan Real Estate

Last Updated: March - 27 - 2024

580-590 Coal Street, Lehighton, PA 18235 - MLS# PM-109525
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.


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