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Mixed-Use Investment

Commercial Real estate listings near Palmerton, PA, US | Quantumlisting
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Listing was updated on: 03/01/2021
Price: 649000.00
location icon 218 Delaware Ave, Palmerton, PA 18071, USA
Office for Sale
8726.00 sqft
from December 12, 2020
Description

LocationPalmerton is a borough in Carbon County located in the Coal Region on the outskirts of the Lehigh Valley. It lies just north of the Lehigh Gap and is 3 miles east of Bowmanstown, 5 miles north of the Walnutport and Slatington, and 7 miles southeast of Lehighton.SaleKW Commercial, The Daniel Perich Group is offering this mixed-use investment for sale in Palmerton. The 11-unit property consists of medical space, a 2-bedroom apartment and garage rentals. St. Luke’s Physician Group occupies 70% of the 6,134 square foot building and has approximately 3.8 years remaining on the initial term with (2) 3-year renewal options. Tenant is responsible for CAM charges and lease has rental increases every 2 years. The additional 2,592 square foot garage building consist of 9 rental units.

Additional parameters

The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.