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184 S 1st Street, Lehighton, PA 18235 (MLS# PM-79932)

184 S 1st Street, Lehighton, PA 18235

$484,000
Property Type: Commercial Sale Square Footage: 12,485 Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $484,000 List Date: 10/20/2020 Last Modified: 3/03/2025

Overview

Description

Opportunity to purchase stabilized multifamily mixed use property feat. 7 apartments, 2 street retail, 3 internal office/retail spaces & 6,200+/- SF 3 fl warehouse. 15 unit building located in downtown Lehighton surrounded by shops, restaurants and services. Each apartment fully occupied with private interior entrance. Apartments are large, well maintained and have 2 levels each. 1st fl feat. 2 commercial storefronts and 3 internal office/retail spaces with large interior promenade. Spaces can be combined or separated further depending on need. Warehouse connected to main building & accessed from 1st or 2nd fl through main building. Residential apts on 2nd and 3rd floor can be accessed via front or rear of property, where there is private parking and common outdoor area for tenants. Each

Supplements: unit separately metered and tenants pay all utilities directly to the provider. Rent has not been raised to market levels in some time - opportunity for new owner to quickly improve cash flow. This building has strong cash flow at the current occupancy and rental rate. The smart investor will be able to quickly improve occupancy and rental rate, ef ...

Listing Details MLS# PM-79932

General Property Information

Above Grade Finished Area
12485
Building Area Total
12485
Stories
2
Year Built Source
Other
Lot Size Acres
0.29
List Price/SqFt
38.77
Sold Price/SqFt
38.77

Property Features

Listing Terms: Cash; Conventional Possession: Negotiable Current Use: Commercial; Residential; Other; Office Possible Use: Residential; Investment; Other; Multi-Family; Retail; Warehouse Business Type: Professional Service; Professional/Office; Storage Construction Materials: Brick Cooling: Wall/Window Unit(s) Heating: Natural Gas Water Source: Public Sewer: Public Sewer Parking Features: On Site; Off Street Road Frontage Type: City Street Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2020-08-07
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Carbon
Street Number
184
Street Name
S 1st
Street Suffix
Street
City (Post Office)
Lehighton
State
PA
Postal Code
18235

Remarks and Miscellaneous

Public Historical Remarks
Miscellaneous: Zoning Code C2
Public Remarks
Opportunity to purchase stabilized multifamily mixed use property feat. 7 apartments, 2 street retail, 3 internal office/retail spaces & 6,200+/- SF 3 fl warehouse. 15 unit building located in downtown Lehighton surrounded by shops, restaurants and services. Each apartment fully occupied with private interior entrance. Apartments are large, well maintained and have 2 levels each. 1st fl feat. 2 commercial storefronts and 3 internal office/retail spaces with large interior promenade. Spaces can be combined or separated further depending on need. Warehouse connected to main building & accessed from 1st or 2nd fl through main building. Residential apts on 2nd and 3rd floor can be accessed via front or rear of property, where there is private parking and common outdoor area for tenants. Each

Status Change Information

Purchase Contract Date
2020-10-20
Close Date
2020-12-22
Close Price
484000

More Information

Location, Tax, and Legal

Parcel Number
70A10-29-U14
Municipality
Lehighton Borough
High School District
Lehighton Area
Tax Book Number
439/603
Zoning Description
Commercial

Business Type

Professional Service
Yes
Professional/Office
Yes
Storage
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Negotiable
Yes

Current Use

Residential
Yes
Commercial
Yes
Office
Yes
Other
Yes

Possible Use

Residential
Yes
Warehouse
Yes
Retail
Yes
Investment
Yes
Other
Yes
Multi-Family
Yes

Construction Materials

Brick
Yes

Cooling

Wall/Window Unit(s)
Yes

Heating

Natural Gas
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Parking Features

On Site
Yes
Off Street
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: DLP Realty
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.