565 Penn PikeTamaqua, PA 18252

This exceptional investment opportunity presents a two-story, 19,940 square foot shopping center located at 565 W Penn Pike, Tamaqua, PA 18252, in Schuylkill County. The property, built in 1988, sits on a 2.6-acre lot and features ten units within a single building. Currently operating at 40% occupancy, this multi-tenant retail space offers a compelling 6.33% cap rate and a net operating income (NOI) of $126,000, with an asking price of $1,990,000 ($99.80/sq ft). Recent improvements include a newly paved parking lot, significantly enhancing curb appeal. The property is zoned commercial and presents a unique opportunity for investors to capitalize on the 60% vacancy rate by strategically selecting tenants and maximizing rental income. This translates to substantial potential for increased occupancy and maximized returns. The property's location and the potential for significant revenue growth make this a highly attractive investment prospect.