270 Delaware AvePalmerton, PA 18071

  • Retail space
  • 624 SF
For Sale
$410,000 View listing

Property Details for 270 Delaware Ave

Year built
1917
Lot size
0.17 AC
Property size (Sq ft)
624 SF
Property type
Retail space
APN
42A-48-K18
APU
42A48K18

Description

This exceptional Palmerton, PA commercial property boasts 9,260 square feet of above-grade space, perfect for a variety of retail or commercial uses. The main building features a stunning 184 x 39 foot open room, ideal for large-scale displays or events. Multiple back storage rooms, first and second-floor office spaces, and convenient bathrooms provide ample functionality. Off-street parking is available with potential for expansion. A separate block building is located at the rear of the property, offering additional space and versatility. Two unique exterior-access rooms provide further functional options. The expansive basement offers endless possibilities for retail expansion, workshop space, or storage. Situated on a 0.4-acre lot at 270 Delaware Avenue, this property presents a unique opportunity to establish or expand a business in a prime location. The combination of large open space, multiple smaller rooms, and significant basement area provides exceptional flexibility for a wide range of commercial ventures. This property is ready for immediate occupancy and offers significant potential for growth and development. The asking price is $410,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $227,867
    6.5%
    $210,338
    7%
    $195,314
  • Comparable approach

    Method
    Valuation
    Relative Method
    $206,841
    Geo Method
    $205,460
  • Alternative Use

    Use
    Valuation
    Residential
    $177,428
    Hospitality
    $162,523
    Educational
    $135,218
    Medical
    $139,868
    Retail
    $210,338

Location Insight

City
Palmerton
County
Carbon
State
Pennsylvania
Latitude
40.801
Longitude
-75.6107
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
$12,607
$15,000
$122,500
$137,500
-
$30,000
$245,000
$275,000

FAQs

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