275 279 W Moorestown Road, Wind Gap, PA 18091

$1,665,000
Property Type: Commercial Sale Square Footage: 4,901 Lot Size (sq. ft.): 176,418 Status: Closed
Current Price: $1,665,000 List Date: 4/25/2024 Last Modified: 3/03/2025

Description

Expansive 5.05-acre commercial site strategically positioned along busy Route 512, just off the intersection with Bushkill Center Road boasting ample opportunities for various ventures. Seller willing to consider personal-financing arrangements up to $1 million. The site currently features 3 retail buildings, 3 residential units (one vacant), and an RV storage parking facility. Flexibility for reconfiguration is inherent, catering to diverse potential uses. The retail establishments encompass a drive-through fast-food stand, an upscale tack-shop, and a compact car dealership. Additionally, a substantial metal structure with a concrete floor occupies the rear section, serving as undercover storage for RVs and boats.

Supplements: Recent renovations were made to the automotive office and residential apartments. Current gross income stands at $150,000 annually, with potential to exceed $160,000 post-leasing of the third apartment. The property has potential for pad sites for pharmacy, bank, food and more. An adjacent parcel with direct access to Bushkill Center Road may be procurable at an extra cost.

More Information MLS# PM-114612

Contract Information

Listing Service: Full Service Lease Considered YN: No Property Sub Type: Business Sold Price: $1,665,000 Current Price: $1,665,000 Status: Closed Listing Contract Date: 2024-04-25

Location, Tax, and Legal

Parcel Number: G7-8-25A-0406 Municipality: Bushkill Township High School District: Nazareth Area Cnty&Muni Taxes (Legacy): 2549.19 School Tax Amount: 8011.14 Tax Annual Amount: 10560.33 Tax Assessed Value: 101000 Tax Book Number: 2008-1/84976 Zoning Description: Commercial

General Property Information

Above Grade Finished Area: 4901 Building Area Source: Public Records Stories: 1 Year Built Source: Other Lot Size Acres: 4.05 List Price/SqFt: 344.83 Sold Price/SqFt: 339.73 Building Area Total: 4901 Year Built: 2019

Remarks and Miscellaneous

Public Historical Remarks: Utility Service: 300-400A, Roof: Ridged, Location: FreeStnd, Ceiling: 0-9FT,10-12FT, Potential Use: Building Trades, Miscellaneous: Zoning Code NC Public Remarks: Expansive 5.05-acre commercial site strategically positioned along busy Route 512, just off the intersection with Bushkill Center Road boasting ample opportunities for various ventures. Seller willing to consider personal-financing arrangements up to $1 million. The site currently features 3 retail buildings, 3 residential units (one vacant), and an RV storage parking facility. Flexibility for reconfiguration is inherent, catering to diverse potential uses. The retail establishments encompass a drive-through fast-food stand, an upscale tack-shop, and a compact car dealership. Additionally, a substantial metal structure with a concrete floor occupies the rear section, serving as undercover storage for RVs and boats.

Business Type

Fast Food: 1 Food & Beverage: 1 Grocery: 1 Restaurant: 1 Hotel/Motel: 1 Convenience Store: 1 Gift Shop: 1 Retail: 1 Professional Service: 1 Professional/Office: 1

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1

Possession

Close Of Escrow: 1

Current Use

Residential: 1 Commercial: 1

Possible Use

Shopping Center: 1 Retail: 1 Automotive: 1 Medical/Dental: 1 Multi-Family: 1 Place of Worship: 1

Building Features

Ceiling Height: 9 Display Window(s): 1 Finished Office: 1 Private Restrooms: 1 Other: 1

Construction Materials

Metal Siding: 1 Frame: 1

Roof

Other: 1

Electric

200+ Amp Service: 1

Cooling

Central Air: 1

Heating

Electric: 1

Water Source

Well: 1

Sewer

Septic Tank: 1

Parking Features

On Site: 1

Road Frontage Type

State Road: 1

Road Surface Type

Paved: 1 Asphalt: 1

Road Responsibility

Public Maintained Road: 1

Location Tax and Legal

County: Northampton Street Number: 275 279 Street Direction Prefix: W Street Name: Moorestown Street Suffix: Road City (Post Office): Wind Gap State: PA Postal Code: 18091

Status Change Information

Purchase Contract Date: 2024-10-18 Close Date: 2025-01-24 Close Price: 1665000

Property Features

Listing Terms: Cash; Conventional; Owner May Carry Possession: Close Of Escrow Current Use: Commercial; Residential Possible Use: Automotive; Medical/Dental; Multi-Family; Place of Worship; Retail; Shopping Center Business Type: Fast Food; Food & Beverage; Grocery; Restaurant; Hotel/Motel; Convenience Store; Gift Shop; Retail; Professional Service; Professional/Office Building Features: Display Window(s); Finished Office; Private Restrooms; Other Construction Materials: Metal Siding; Frame Roof: Other Electric: 200+ Amp Service Cooling: Central Air Heating: Electric Water Source: Well Sewer: Septic Tank Parking Features: On Site Road Frontage Type: State Road Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road
Listing Office: CENTURY 21 Keim - Allentown
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.