3690 Lehigh StHokendauqua, PA 18052

Property Details for 3690 Lehigh St

Year built

1985

Lot size

2.64 AC

Property size (Sq ft)

18,306 SF

Zone code

C-2

Property type

Retail space

APN

549839741007-1

APU

5498397410071

Description

This exceptional 18,306 square foot retail property, located at 3690 Lehigh Street in Hokendauqua, Pennsylvania (zip code 18052), presents a compelling investment opportunity. The single-story, Class B building, constructed in 1985, boasts a convenient location in a thriving neighborhood retail center. Currently, there are multiple retail spaces available, ranging from 880 to 1,200 square feet, out of a total vacant space of 3,010 square feet. The property is zoned C2-Regional/Community Commercial, allowing for a variety of retail or office uses. Its strategic location near the cross street of 7th Street ensures high visibility and accessibility. Ample off-street parking is available for tenants and customers. The existing tenant mix includes a diverse range of businesses, such as a convenience store, nail salon, and multiple restaurants, creating a vibrant and established commercial environment. The property's APN is 549839741077-1, and it's situated in Lehigh County. This property offers a unique chance to acquire a well-positioned retail center in a desirable Pennsylvania location. The building's single-story design and established tenant base make it an attractive option for investors seeking a stable and potentially high-return investment.

• CAP approach

  CAP return

  Valuation

  6%

  $6,684,816

  6.5%

  $6,170,600

  7%

  $5,729,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,068,007

  Geo Method

  $6,027,492

• Alternative Use

  Use

  Valuation

  Residential

  $5,205,132

  Hospitality

  $4,767,872

  Educational

  $3,966,814

  Medical

  $4,103,239

  Retail

  $6,170,600

Location Insight

City

Whitehall

County

Lehigh

State

Pennsylvania

Latitude

40.6549

Longitude

-75.4964

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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