1018 E Blakeslee Boulevard Drive, Lehighton, PA 18235

$830,000
Property Type: Commercial Sale Square Footage: 7,587 Lot Size (sq. ft.): 54,450 Status: Closed
Current Price: $830,000 List Date: 3/31/2023 Last Modified: 2/28/2025

Description

Diamond in the rough! Performing and stable asset consisting of four regional/national tenants along PA Route 443 in Lehighton. Carbon County, PA. The site is located in the center of the primary retail district in this emerging marketplace between a newly constructed Wendy's and Burger King. Long standing financially stable tenants. Easily manageable and maintainable for any investor. Good demand for retail tenants in the immediate trade area. Property is stabilized with value add. Current rents comparable to market rents with some potential upside.

More Information MLS# PM-104924

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $830,000 Current Price: $830,000 Status: Closed Listing Contract Date: 2023-03-27

Location, Tax, and Legal

Parcel Number: 84-35-C28.03 Municipality: Mahoning Township High School District: Lehighton Area Cnty&Muni Taxes (Legacy): 7552.5 School Tax Amount: 19925.91 Tax Annual Amount: 27478 Tax Assessed Value: 377625 Tax Book Number: 1158/348 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 7587 Building Area Source: Estimated Stories: 1 Number Of Buildings: 1 Year Built Source: Other Lot Size Acres: 1.25 List Price/SqFt: 125.21 Sold Price/SqFt: 109.4 Building Area Total: 7587 Year Built: 1998

Remarks and Miscellaneous

Public Historical Remarks: Road Type: Rt-way, Level: Single, Location: FreeStnd, Exterior Amenities: Sign, Miscellaneous: Zoning Code C1 Public Remarks: Diamond in the rough! Performing and stable asset consisting of four regional/national tenants along PA Route 443 in Lehighton. Carbon County, PA. The site is located in the center of the primary retail district in this emerging marketplace between a newly constructed Wendy's and Burger King. Long standing financially stable tenants. Easily manageable and maintainable for any investor. Good demand for retail tenants in the immediate trade area. Property is stabilized with value add. Current rents comparable to market rents with some potential upside.

Unit Details

Number Of Units Leased: 4

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Current Use

Commercial: 1

Possible Use

Retail: 1

Building Features

Number of Levels: 1 Other: 1

Cooling

Central Air: 1

Heating

Electric: 1

Sewer

Public Sewer: 1

Parking Features

On Site: 1

Road Frontage Type

State Road: 1 See Remarks: 1

Road Surface Type

Paved: 1 Asphalt: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Carbon Street Number: 1018 Street Direction Prefix: E Street Name: Blakeslee Boulevard Street Suffix: Drive City (Post Office): Lehighton State: PA Postal Code: 18235

Status Change Information

Purchase Contract Date: 2023-05-24 Close Date: 2023-08-14 Close Price: 830000

Property Features

Listing Terms: Cash; Conventional Possession: Close Of Escrow Current Use: Commercial Possible Use: Retail Building Features: Other Cooling: Central Air Heating: Electric Sewer: Public Sewer Parking Features: On Site Road Frontage Type: State Road; See Remarks Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.