1,980 SF Building Ideal for Retail Lease
Location<br>The property is situated on Golden Key Rd (Rt 863) between I-78 and Old US 22 in Lehigh County. The town of New Smithville is 1 mile west, Allentown is 15 miles east, Reading is 27 miles southwest, and Lehigh Valley International Airport is 16 miles east. Within minutes of the property is a truck stop, several commercial businesses, restaurants, retail, schools, churches and residences.
Per PennDOT, this section of I-78 has 41,000 VPD. The intersection of Golden Key and I-78 has 4,500 VPD.<br><br>Lease<br>Free-standing 1,980 SF building on land lease with 40 years remaining on the lease. This highly visible, former 3-bay gas station is ideal for renovation for office use, retail or other commercial use. Tanks, pumps, and islands have been removed. Lease terms include rent abatement with tenant making renovations (with owner approval). Taxes are estimated at $1.41/SF. Roof replaced summer 2021. Septic, well water, and electric utilities. Septic and water shared with motel; electric meter needs to be installed.
By-right uses include day care, medical/dental/vet clinic, office use, personal services, restaurant (with restrictions), and retail store.
Total 3.8 acre lot contains a 39-key Super 8 Motel and a new, free-standing Dunkin' (Donuts).