139-143 S Main St - Storefront Retail/Residential FOR SALE


Nazareth, PA 18064
$899,900 USD
570-390-4646
139-143 S Main St, Nazareth, PA for Sale
$899,900 USD
Storefront Retail/Residential - FOR SALE
1/24
null | 7.01% Cap Rate

139-143 S Main St
Nazareth, PA 18064


OVERVIEW

INVESTMENT OPPORTUNITY IN DOWNTOWN NAZARETH! Nestled on bustling Main Street, this stunning 6-unit historic building exhibits charm with its quality brickwork, intricate Italianate details, and a striking segmented pediment atop a large cornice. The ground floor features 2 prime commercial spaces, one of which is already leased, while the upper floors house 4 modestly updated and fully occupied residential units. With current gross rents at approximately $75k and the potential to reach $90k upon leasing the second commercial space, this property is a gem for long term portfolio investors. Don't miss the chance to own a piece of Nazareth's history while enjoying a gilt-edge portfolio addition!

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$93 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,572 SF

ZONING

21GC

APN/PARCEL ID

J7SE3A-9-11-0421

ASK ABOUT THIS PROPERTY

Kate LewisRedstone Run RealtyMore Info
570-390-4646

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Kate LewisRedstone Run RealtyMore Info
570-390-4646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.