$350,000
$383,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
151 South MAIN Nazareth Borough, PA 18064
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 712943
Sold Date 10/19/23
Year Built 1920
Annual Tax Amount $4,738
Property Description
HERE IS A FANTASTIC OPPORTUNITY TO PURCHASE A FULLY LEASED MIXED USE PROPERTY LOCATED IN THE THRIVING DOWNTOWN NAZARETH AREA. THIS PROPERTY CURRENTLY HAS A COMMERCIAL SPACE WITH A LONG TERM TENANT ON THE GROUND FLOOR AND A LARGE 3 BEDROOM APARTMENT IN THE REAR THAT OCCUPIES THE REAR OF THE FIRST FLOOR THE SECOND FLOOR AND THE ATTIC. THERE IS ALSO A GARAGE / BARN THAT IS MULTI LEVELS THAT IS SERVICED BY TWO LARGE OVERHEAD DOORS. THE LEASES ARE CURRENTLY UNDER MARKET VALUE AND CAN BE RAISED SUBSTANTIALLY. THIS IS A LARGE LOT WITH REAR ACCESS AND OFF STREET PARKING FOR THE APARTMENT BARN/GARAGE TENANT. THIS MIXED USE PROPERTY IS LOCATED IN THE COVETED NAZARETH DOWNTOWN AREA IN THE HEART OF THE THRIVING LEHIGH VALLEY WHICH IS CURRENTLY IN THE TOP 5 IN THE NATION FOR ECONOMIC GROWTH.
Location
State PA
County Northampton
Area Nazareth
Interior
Cooling Window ACs
Exterior
Parking Features On Site
Garage Spaces 4.0
Utilities Available Gas Available
Building
Sewer Public
Water Public
New Construction No
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with Lehigh Valley Just Listed LLC