1422 Main StCatasauqua, PA 18032

Property Details for 1422 Main St

Year built

1930

Lot size

1.48 AC

Property size (Sq ft)

976 SF

Zone code

IND

Property type

Retail properties

Property subtype

Retail space

APN

M4SE4A 1 1 0923

APU

M4SE4A110923

Description

This exceptional 976 sq ft storefront at 1422 Main Street, North Catasauqua, PA 18032, presents a unique investment opportunity. Priced at $1,500,000 ($1,536.89/sq ft), this single-tenant retail property boasts a 100% occupancy rate. Built in 1930, the one-story building sits on a 1.41-acre lot zoned for commercial use. The current tenant is an established garden center with a loyal customer base, operating for over 60 years and cultivating thousands of plant varieties. The property includes 15 greenhouses providing over 22,474 sq ft of growing space. Its prime location offers tremendous visibility and ample space, making it ideal for a passionate gardener to continue the legacy or for a savvy investor seeking a high-return property. The property's history, established clientele, and expansive grounds combine to create a compelling investment prospect with significant potential for growth and future development. This is a rare opportunity to acquire a thriving business and a valuable piece of commercial real estate in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $356,407

  6.5%

  $328,991

  7%

  $305,491

• Comparable approach

  Method

  Valuation

  Relative Method

  $323,521

  Geo Method

  $321,361

• Alternative Use

  Use

  Valuation

  Residential

  $277,516

  Hospitality

  $254,203

  Educational

  $211,494

  Medical

  $218,768

  Retail

  $328,991

Location Insight

City

Catasauqua

County

Northampton

State

Pennsylvania

Latitude

40.6632

Longitude

-75.4819

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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