Robert C. Weiss - Coldwell Banker Hearthside
4955 Pa Route 873
North Whitehall Twp, PA 18070

Description

The property is a multi-tenant, 6,866 sf building featuring two doctors offices, a home building company and a residential unit. There is a unit available for lease. The existing tenants have all been in the building for an extended period of time, making this a very stable investment. The property has an annual potential income of over $100k with a projected NOI of over $77k. Actual NOI was $63,908 in 2017. The building was designed with little common area keeping expenses and management costs down. Scarcity is one of the leading factors in the increase of property values. This professional office building is located in the commercial center in Schnecksville. This entire center is built out. There are no vacant lots. The center is anchored by a Weiss Market. Number of homes and income are projected to have grown per US Census data since 2010. The area is becoming more populated and wealthier. This combination makes this building valuable real estate.

Details

MLS#581268
StyleIndustrial
Sub-TypeResale
StatusActive
Year1960
Days On Site131

Features

SQ Feet6,866
Story(s)0
Units5
ZoningC

Additional Information

County Taxes2392.94
Municiple Taxes328.70
School Taxes10202.85
Total Taxes12924.49

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Area Information

StatePA
CountyLehigh
CityNorth Whitehall Twp
Zip Code18070
AreaNorth Whitehall
Listing VS Median (in 18070)
Price:
$897,750
low | high
Med:
$798,375
61.069340016708% of Average
SqFt:
6,866
low | high
Med:
4,954
77.84736382173% of Average
$ / SqFt:
$131
low | high
Med:
$180
12.130864087679% of Average
On Site:
131
low | high
Med:
128
100% of Average
Listing Updated: 10/16/2018
MLS Number: 581268
Listing Provided By:
Matt Sprung  of  HowardHanna TheFrederickGroup