2550 Freemansburg Avenue, Easton PA 18045 Photo 1

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2550 Freemansburg Avenue - COMMERCIAL STRIP CENTER ~ 71,000+ GROSS OPERATING INCOME ~ 7.69% CAP RATE WITH VACANCY AND MAINTENANCE RESERVES ~ 4 COMMERCIAL UNITS PLUS BILLBOARD ~ LARGE ON SITE PARKING LOT ~ 20+ YEAR ANCHOR TENANT ~ PROPERTY IS LOCATED AT A LIT INTERSECTION IN A HIGH TRAFFIC LOCATION ~ ALL GROSS LEASES WITH TENANTS PAYING ALL OF THEIR UTILITIES INCLUDING WATER AND SEWER. Long time property owner is retiring. Well maintained class B commercial strip center. Contact listing agent for detailed income and expenses.

Listing information

  • MLS® ID: 571960
  • Status: Active
  • Foreclosure: No
  • County: Northampton
  • Style: Multi-Family
  • Stories: 0
  • Total Square Footage: 4,380 ($148.40 per sq. foot)
  • School District: Easton
  • Year Built: 1980
  • New Construction: No
  • Estimated Annual Taxes: $11,140
  • Subdivision: Not in Development

Features

Area Palmer
Construction Dryvit, Frame, Vinyl
Cooling Central Ac
Other Electric - 0, Gas - 0, Gross Income - 71580, Heat - 0, Net Income - 0, Operating Expense - 0, Other Expenses - 0, Water/Sewer - 0, Zoning Code - Gc
Parking Paved Lot
Property Category Commercial, Complex
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Emerald Realty Group