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Mike Smutz

mike@mikesmutz.com +1(610) 839-7654

$2,400,000

Est. payment - /mo

11,855 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 11,855 sqft

Price per Sqft $202

Subdivision Not In Development

MLS Listing ID 776172

Construction Status Unknown

HOA Y/N No

Year Built 1900

Annual Tax Amount $16,219

Lot Size 1.395 Acres

Acres 1.395

Property Sub-Type Mixed Use

Property Description

Turn-key mixed-use investment opportunity offered at $2.4M in the greater Lehigh Valley area. Situated on a high-visibility corner lot with strong traffic count. Five miles to the NJ/ route 80 highway. Great 1031 replacement property. This unique 11,000+ sq ft property on over 1.35 acres is a long-standing destination with multiple streams and significant upside potential. Currently owner operated and fully utilized, the site offers flexibility for investors, owner-users, or hospitality operators seeking scale and repositioning opportunities. Building one: Featuring 5988 sqft built in 2001 includes a well-established restaurant with seating for approximately 176 guests, a full commercial kitchen with extensive high- end equipment, large ADA compliant restrooms, and upper-level event space. The layout supports immediate operation while offering the ability to optimize efficiencies or increase rental income. Building two: Features 5867 sqft built 1900. Includes an ice cream shop, office space, a three-bedroom apartment, and additional flexible commercial areas that can be subdivided for added income. The property also benefits from multiple garage bays with storage. Equipment includes two nearly new Taylor soft-serve machines, commercial refrigeration, bakery capabilities, and complete dining setup. Also parking for 150+ vehicles and well-maintained FF&E. All buildings feature newer metal roofs, minimizing near- term capital expenses. With multiple revenue streams excellent access to surrounding towns and commuter routes, this is a rare opportunity to acquire a versatile, income producing assets with both immediate functionality and long-term upside. Additional acreage and rental income on adjacent parcels may also be available for sale.

Location

State PA

County Northampton

Area East Bangor

Direction Please contact the listing agent for more information. NDA is required in order to disclosed about the property.

Interior

Heating Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Detached, Garage, Off Street, Parking Lot

Water Access Desc Public

Total Parking Spaces 176

Garage Yes

Building

Sewer Public Sewer, Septic Tank

Water Public

Construction Status Unknown

Schools

School District Bangor

Others

Senior Community No

Special Listing Condition None

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Listed by HowardHanna TheFrederickGroup

GET MORE INFORMATION

+1(610) 839-7654

mike@mikesmutz.com

http://www.mikesmutz.com/

Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106

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Address not disclosed East Bangor Boro, PA 18013