2232 Walbert Ave - Light Manufacturing FOR SALE


Allentown, PA 18104
$695,000 USD
610-462-9196
2232 Walbert Ave, Allentown, PA for Sale
$695,000 USD
Light Manufacturing - FOR SALE
1/27
null | 5.43% Cap Rate

2232 Walbert Ave
Allentown, PA 18104


OVERVIEW

Welcome to 2232 Walbert Ave. Formerly the Parkland Bindery. This building has been re-done and no expense was spared. The facility is completely heated and air conditioned,and also has 3 phase electric. Two tenants currently occupy the first floor bringing in a total of $3,140.00/month in income. The entire upper level is available for owner use or to be rented out as well. Second floor estimated rental income $1,400.00- $1,600.00.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

5.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Distribution, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

UTILITIES

Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,197

ZONING

NC

APN/PARCEL ID

548785840032-1

ASK ABOUT THIS PROPERTY

Earl Stafford, MSColdwell Banker Heritage Real EstateMore Info
610-462-9196

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Earl Stafford, MSColdwell Banker Heritage Real EstateMore Info
610-462-9196

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