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Commercial storefront, previous grocery store and separate restaurant on first level. 2 floor: 6 units on top with a possible 7th. Got $3000 rent for the store, $1200 for the restaurant. Got $15,000 total rent average per month when occupied. Says could get $25000 when fixed up. Wants a loan to fix and re sell. Says it was appraised for 1.3 million. The grocery store is vacant and all fit out items removed. The restaurant is recently vacant. The building has a large basement that is not finished but has potential. The building also has a large 3rd floor that could be finished for multiple apartments. Has most of the fit out items remaining in the store. 6 apartments need cleaning and renovations. Income producing property $15,000 to $25,000 per month.
| DAYS ON MARKET | 115 | LAST UPDATED | 8/28/2024 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Catasauqua Boro (12304) |
| COUNTY | LEHIGH | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Aug 28, '24 | $1,336,000 |
|---|---|
| Aug 28, '24 - Today | $899,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Catasauqua Boro (12304) |
| CONSTRUCTION | Aluminum Siding, Brick |
| HEAT | Natural Gas |
| LOT | 1.5 acre(s) |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | 61.00 x 90.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 17535 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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