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$424,900
Est. payment /mo
20,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,700 sqft
Price per Sqft $20
MLS Listing ID 772960
HOA Y/N No
Year Built 1925
Annual Tax Amount $6,280
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 46 x 150
Property Sub-Type Commercial
Property Description
Attention investors and developers: Discover the exceptional potential of this iconic 20,700+ sq ft, 3-story commercial building in the heart of Downtown Tamaqua. Positioned on a prominent corner lot with excellent visibility and main street frontage, this historic brick and masonry property offers a rare opportunity for both immediate income and long-term redevelopment potential.
Currently configured into multiple commercial suites ranging from approximately 644 sq ft to 6,500 sq ft, the property is well-suited for multi-tenant occupancy. The first floor alone generates approximately $51,000 in annual rental income, with established commercial tenants including Suite 101 ($1,300/month), Unit 102 ($1,000/month), Suite 104 ($950/month), and Unit 103 ($1,000/month), providing steady cash flow from day one.
The building features 7 bathrooms, flexible open layouts, and a freight elevator providing access to the expansive third floor, creating endless possibilities for office space, professional services, wellness practices, daycare, studios, or mixed-use redevelopment. Additional highlights include strong structural construction, high ceilings, and versatile floor plans ideal for creative reconfiguration. Convenient on-street parking and nearby public parking enhance accessibility for both tenants and customers. Whether you're seeking a cash-flowing investment property or a redevelopment project with significant upside, this highly visible and adaptable property presents a unique opportunity to add lasting value in Tamaqua's growing commercial district.
Currently configured into multiple commercial suites ranging from approximately 644 sq ft to 6,500 sq ft, the property is well-suited for multi-tenant occupancy. The first floor alone generates approximately $51,000 in annual rental income, with established commercial tenants including Suite 101 ($1,300/month), Unit 102 ($1,000/month), Suite 104 ($950/month), and Unit 103 ($1,000/month), providing steady cash flow from day one.
The building features 7 bathrooms, flexible open layouts, and a freight elevator providing access to the expansive third floor, creating endless possibilities for office space, professional services, wellness practices, daycare, studios, or mixed-use redevelopment. Additional highlights include strong structural construction, high ceilings, and versatile floor plans ideal for creative reconfiguration. Convenient on-street parking and nearby public parking enhance accessibility for both tenants and customers. Whether you're seeking a cash-flowing investment property or a redevelopment project with significant upside, this highly visible and adaptable property presents a unique opportunity to add lasting value in Tamaqua's growing commercial district.
Location
State PA
County Schuylkill
Area Schuylkill
Direction From Route 309, turn West onto Broad Street, property on the corner, left
Interior
Heating Electric
Cooling Central Air
Inclusions Real Estate Only
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Street Surface Concrete
Road Frontage State Road
Building
Sewer Public Sewer
Water Public
Others
Tax ID 65-12-0222.000
Special Listing Condition None
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Listed by Saffron Real Estate
Nearby Locations
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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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