614 Interchange Road, Kresgeville, PA 18333
$1,800,000
Property Type:
Commercial Sale
Square Footage:
12,985
Lot Size (sq. ft.):
108,900
Status:
Closed
Current Price:
$1,800,000
List Date:
11/03/2020
Last Modified:
3/03/2025
Description
Priced way below appraised value! PHYSICAL THERAPY at St Luke's on Route 209 offers a one-of-a-kind facility in a prime location which will perfectly compliment the current local hospital construction underway within 20 min of this location. Nearly 13,000 sq ft of commercially zoned property on 2.5 acres has ST LUKE's as its anchor tenant, with a triple net lease, through 2025 with an annual lease sum total of $195,736 in 2021/2022. Supplemental residential unit lease for $9,600 bringing the total amount to $205,336/yr for their large customer base. The majority of the PT facility is a 2001 addition completed for over 1 MILLION dollars which leaves it as the only PT location in the area with an indoor pool so they are well positioned to suit the growing field of HYDROTHERAPY. Incredible In
More Information MLS# PM-82810
Contract Information
Listing Service: Entry Only
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,800,000
Current Price: $1,800,000
Status: Closed
Listing Contract Date: 2020-11-03
Location, Tax, and Legal
Parcel Number: 13.6.1.105
Municipality: Polk Township
High School District: Pleasant Valley
Cnty&Muni Taxes (Legacy): 5441.11
School Tax Amount: 30333.67
Tax Annual Amount: 35774.78
Tax Assessed Value: 1323580
Tax Book Number: 2090/1124
Zoning Description: Commercial
General Property Information
Above Grade Finished Area: 12985
Building Area Source: Public Records
Stories: 1
Year Built Source: Other
Lot Size Acres: 2.5
List Price/SqFt: 154.02
Sold Price/SqFt: 138.62
Building Area Total: 12985
Year Built: 1955
Remarks and Miscellaneous
Public Historical Remarks: Roof: Ridged, Level: Grade, Also Includes: Lease, Miscellaneous: Zoning Code Commercial
Public Remarks: Priced way below appraised value! PHYSICAL THERAPY at St Luke's on Route 209 offers a one-of-a-kind facility in a prime location which will perfectly compliment the current local hospital construction underway within 20 min of this location. Nearly 13,000 sq ft of commercially zoned property on 2.5 acres has ST LUKE's as its anchor tenant, with a triple net lease, through 2025 with an annual lease sum total of $195,736 in 2021/2022. Supplemental residential unit lease for $9,600 bringing the total amount to $205,336/yr for their large customer base. The majority of the PT facility is a 2001 addition completed for over 1 MILLION dollars which leaves it as the only PT location in the area with an indoor pool so they are well positioned to suit the growing field of HYDROTHERAPY. Incredible In
Unit Details
Number Of Units Leased: 2
Business Type
Professional Service: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Other: 1
Disclosures
Right of First Refusal: 1
Possession
Close Of Escrow: 1
Current Use
Residential: 1
Commercial: 1
Possible Use
Medical/Dental: 1
Construction Materials
Frame: 1
Roof
Other: 1
Cooling
Central Air: 1
Heating
Oil: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Lot Features
Corner Lot: 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: Monroe
Street Number: 614
Street Name: Interchange
Street Suffix: Road
City (Post Office): Kresgeville
State: PA
Postal Code: 18333
Subdivision Name: None
Status Change Information
Price Change Timestamp: 2020-12-18T15:34:28Z
Purchase Contract Date: 2021-04-19
Close Date: 2021-06-01
Close Price: 1800000
Property Features
Listing Terms: Cash; Conventional; Owner May Carry; Other
Disclosures: Right of First Refusal
Possession: Close Of Escrow
Current Use: Commercial; Residential
Possible Use: Medical/Dental
Business Type: Professional Service
Construction Materials: Frame
Roof: Other
Cooling: Central Air
Heating: Oil
Water Source: Well
Sewer: Septic Tank
Parking Features: On Site
Lot Features: Corner Lot
Road Frontage Type: State Road
Road Surface Type: Paved; Asphalt
Road Responsibility: Public Maintained Road
Listing Office:
Keller Williams Real Estate - Palmerton
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
