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
Overview
Description
Listing Details MLS# PM-82810
General Property Information
- Above Grade Finished Area
- 12985
- Building Area Total
- 12985
- Building Area Source
- Public Records
- Stories
- Yes
- Year Built
- 1955
- Year Built Source
- Other
- Lot Size Acres
- 2.5
- List Price/SqFt
- 154.02
- Sold Price/SqFt
- 138.62
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
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2020-11-03
- Listing Service
- Entry Only
- Lease Considered YN
- No
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
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
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
More Information
Unit Details
- Number Of Units Leased
- 2
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
Business Type
- Professional Service
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Owner May Carry
- Yes
- Other
- Yes
Disclosures
- Right of First Refusal
- Yes
Possession
- Close Of Escrow
- Yes
Current Use
- Residential
- Yes
- Commercial
- Yes
Possible Use
- Medical/Dental
- Yes
Construction Materials
- Frame
- Yes
Roof
- Other
- Yes
Cooling
- Central Air
- Yes
Heating
- Oil
- Yes
Water Source
- Well
- Yes
Sewer
- Septic Tank
- Yes
Parking Features
- On Site
- Yes
Lot Features
- Corner Lot
- Yes
Road Frontage Type
- State Road
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
Keller Williams Real Estate - Palmerton
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.
