218 Delaware Ave, Palmerton, PA 18071

SGD $857,160

USD $649,000

Apartment
  • 8,726.00 sq ft
Property ID: 110060732348 More details

Apartment(s),Medical,Office/Professional,Professional Service,Residence,Residential Investme,Storage

218 Delaware Ave, Palmerton, PA 18071

Description

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10.63% CAP. 11-unit, mixed-use property with St. Luke's Physician Group as anchor tenant. Additional rentals include a 2-bedroom apartment and 9 garage rentals. SLPG occupies 70% of the 6,134 square foot building and has approximately 3.8 years remaining on the initial term with (2) 3-year renewal options. Tenant is responsible for CAM charges and lease has rental increases every 2 years. The additional 2,592 square foot garage building consist of 9 rental units.

Direction: I-80 to Rt 33 to Route 209. Follow 16.6 miles. Left onto Forest Inn Road. Continue onto Delaware Ave. 1.3 miles on left.

Basic info

  • Property Type Apartment
  • Land Size 15,681.61 sq ft (approx)
  • Year Built 1907
  • House Size 8,726.00 sq ft (approx)
  • Rooms
  • Architecture Style Other
  • Num Floors 2.0
  • Provider KW Commercial
  • County Carbon
  • Parcel ID 42A-48-K5
  • Address 218 Delaware Ave, Palmerton, PA 18071

Interior features

Exterior features

Nearby Schools

District name
School name Type
Palmerton Area
Not available Elementary
Not available High
Not available Juniorhigh
Not available Middle

Data Provided by KW Commercial, MLS#: PM-82544

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