669 Washington StEaston, PA 18042

Property Details for 669 Washington St

Lot size

1.70 AC

Zone code

CHDD

Property type

Parking lots & garages

APN

L9SE2D 20 2 PKB 0310C

APU

L9SE2D202PKB0310C

Description

This established electrical contracting business in Easton, Pennsylvania, is offered for sale at $139,000. Operating for several decades in the Lehigh Valley, this reputable business boasts a strong customer base with approximately 75% of annual work stemming from repeat clients. The sale includes the business name, a comprehensive customer database, existing contracts, and one fully equipped vehicle. The current owner will provide training and support to ensure a smooth transition for the new owner(s). This presents a unique opportunity for an individual or team to acquire a turnkey operation within a high-demand industry experiencing a contractor shortage. The business's proven track record of quality and customer service provides a solid foundation for continued growth and profitability. Expansion potential exists by adding resources, such as a second service vehicle, to take on additional contracts and increase revenue. Located at 669 Washington St, Easton, PA 18042, this storefront presents a ready-made business opportunity with significant upside. The business is ideally suited for an energetic individual or a team seeking to own and operate a successful enterprise.

• CAP approach

  CAP return

  Valuation

  6%

  $21,267,700

  6.5%

  $19,631,700

  7%

  $18,229,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,148,200

  Geo Method

  $10,080,500

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $38,486,500

  Mixed-Use / Specialty

  $19,479,800

  Hospitality / Lodging

  $14,185,000

  Office

  $19,278,700

  Institutional / Educational

  $20,221,900

  Residential Income

  $23,659,600

  Multifamily

  $28,830,200

  Automotive / Energy

  $17,333,000

  Parking / Income-Based Land

  $6,062,350

  Restaurant / Food Service

  $9,956,750

  Healthcare / Senior Housing

  $20,060,200

Location Insight

City

Easton

County

Northampton

State

Pennsylvania

Latitude

40.6869

Longitude

-75.2145

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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