1410 Lynn StEaston, PA 18042

  • Retail properties
  • 2,736 SF
For Sale
$550,000 View listing

Property Details for 1410 Lynn St

Year built
1972
Lot size
0.22 AC
Property size (Sq ft)
2,736 SF
Zone code
IGL
Property type
Retail properties
Property subtype
Auto shops
APN
L9SW3C 6 4A 0310
APU
L9SW3C64A0310

Description

This exceptional Easton, PA commercial property presents a unique investment opportunity. Located at 1410 Lynn Street, the property boasts a substantial three-bay garage workshop, ideal for a variety of businesses, including auto repair or construction. Ample storage space within the workshop ensures efficient operation and organization of tools and machinery. Adding to its versatility, a detached garage provides even more storage capacity, catering to expanding business needs. The property also includes a spacious one-bedroom apartment situated above the main workshop area. This apartment offers flexibility, serving as either private living quarters or easily convertible into additional office space to accommodate business growth. The property sits on a sizable lot, offering ample outdoor space. Priced at $550,000, this property is ready for immediate occupancy and presents endless possibilities for entrepreneurs and established businesses seeking expansion. Its combination of workshop, storage, and living/office space makes it a truly versatile and attractive investment. Don't miss this chance to acquire a property with such significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $999,107
    6.5%
    $922,253
    7%
    $856,378
  • Comparable approach

    Method
    Valuation
    Relative Method
    $906,919
    Geo Method
    $900,864
  • Alternative Use

    Use
    Valuation
    Residential
    $777,955
    Hospitality
    $712,602
    Educational
    $592,877
    Medical
    $613,267
    Retail
    $922,253
1410 Lynn St, Easton, Pennsylvania

Location Insight

City
Easton
County
Northampton
State
Pennsylvania
Latitude
40.6825
Longitude
-75.2294
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,942
$24,600
$13,400
$38,000
-
$49,200
$26,800
$76,000

FAQs

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