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1018 E Blakeslee Boulevard Drive, Lehighton, PA 18235 (MLS# PM-104924)

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

Overview

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.

Listing Details MLS# PM-104924

General Property Information

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

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

Contract Information

Property Sub Type
Business
Listing Contract Date
2023-03-27
Listing Service
Full Service
Lease Considered YN
No

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

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.

Status Change Information

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

More Information

Unit Details

Number Of Units Leased
4

Building Features

Number of Levels
Yes
Other
Yes

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

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Current Use

Commercial
Yes

Possible Use

Retail
Yes

Cooling

Central Air
Yes

Heating

Electric
Yes

Sewer

Public Sewer
Yes

Parking Features

On Site
Yes

Road Frontage Type

State Road
Yes
See Remarks
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: TACM Commerical Realty Inc.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.