For Sale
$1,990,000

565 Penn Pike PikeTamaqua, PA 18252

Prime Retail Strip Center, 19,940 sq ft, 2.6 acres

Overview

Added:
Feb 3
Days on market:
60
This exceptional 19,940 square foot retail strip center in Tamaqua, Pennsylvania, presents a compelling investment opportunity. Situated on a 2.6-acre lot, the property currently boasts 40% occupancy, leaving significant potential for growth and increased revenue. Recent improvements include a newly paved parking lot, enhancing curb appeal and attracting potential tenants. The property's 60% vacancy rate offers a unique chance for investors to curate a desirable tenant mix, aligning with their specific investment strategy. This translates to immediate operational upside and a clear path to achieving full occupancy and maximizing rental income. The property's strategic location in Tamaqua provides access to a thriving local market, further enhancing its investment appeal. This is a rare chance to acquire a substantial retail property with considerable upside potential, allowing for significant returns on investment through strategic leasing and property management. The existing infrastructure provides a solid foundation for immediate occupancy and future expansion, making this an attractive proposition for both seasoned investors and those seeking a high-growth opportunity in the Pennsylvania retail market. The property's size and location make it ideal for a variety of retail businesses, offering flexibility and adaptability to changing market demands.

Property Details for 565 Penn Pike Pike

Property type
Retail properties
Square Feet
19,940 SF
Year Built
1988
Lot Size (sq. ft)
113,256 SF

Location Insight

City
Tamaqua
County
Schuylkill
State
Pennsylvania
Latitude
40.77522
Longitude
-75.9581
565 Penn Pike Pike, Tamaqua, Pennsylvania

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565 Penn Pike Pike
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