, Allentown City PA 18102 Photo 1

No driving directions were found. Please adjust your search.

- ARE YOU LOOKING FOR A RESTAURANT BUSINESS TO OWN AND OPERATE? NAME NOT INCLUDED! FABULOUS THREE (3) UNIT INVESTMENT PROPERTY WITH 10% CAP RATE! 1ST FLOOR PROSPEROUS RESTAURANT BUSINESS & EQUIPMENT ($1500.00/MONTH) IS INCLUDED IN SALE PRICE; ALSO INCLUDED TO OFFSET YOUR COSTS ARE TWO (2) 3 BEDROOM UNITS ($800.00/MONTH & $900.00/MONTH); INCOME IS STRUCTURED WITH RESTAURANT PAYING TAXES, INSURANCE, GAS HEAT, ELECTRIC, WATER & SEWER, TRASH, SNOW REMOVAL, MAINTENANCE & REPAIRS, AND ALL UTILITIES! TENANTS PAY THEIR OWN SEPARATELY METERED APARTMENT ELECTRIC & GAS COOKING! PLEASE BE DISCREET WHEN EATING AT OR INSPECTING RESTAURANT!

Listing information

  • MLS® ID: 587866
  • Status: Active
  • Foreclosure: No
  • School District: Allentown
  • Style: Commercial
  • Stories: 0
  • Estimated Annual Taxes: $2,765
  • Year Built: 1900
  • New Construction: No
  • County: Lehigh

Features

Area Allentown Central
Ceiling 0 9 Feet
Construction Brick
Cooling Central Ac
Level Multi
Location Corner
Miscellaneous Concrete Floor, Restrooms Public
Parking On Site
Potential Use Apartments, Restaurant
Property Category Apartment Building, Commercial
Road City Road
Sewer Public
Special Sale Conditions Not Applicable
Surface Type Black Top
Type of Lease Triple Net
Utilities 50 200 Amp
Water Public
Listing Courtesy of Harvey Z Raad Real Estate