215 Robinson AvePen Argyl, PA 18072

Property Details for 215 Robinson Ave

Year built

1936

Lot size

0.18 AC

Property size (Sq ft)

8,298 SF

Zone code

GB

Property type

Office properties

Property subtype

Other office properties

APN

E8NE2D 49 1 0625

APU

E8NE2D4910625

Description

This exceptional commercial property at 215 S Robinson Ave, Pen Argyl, PA 18072, presents a unique investment opportunity. The 8,298 square foot building, formerly a bank, is mostly renovated and in excellent condition, offering a blend of retail and mixed-use potential. The zoning permits retail use on the first level and apartments on the second, providing flexibility for a variety of business models and income streams. The property boasts a substantial 25-car parking lot, a significant advantage in a high-traffic area. Situated on a 0.184-acre lot, this building offers ample space for both business operations and customer parking. The asking price is $495,000. This prime location in Northampton County, Pennsylvania, offers easy access to major roadways and a thriving local community. The building's excellent condition and versatile zoning make it an ideal investment for both seasoned investors and those seeking a strong foothold in the commercial real estate market. Don't miss this chance to acquire a well-maintained, high-potential property in a desirable location. Contact us today to schedule a showing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,061,352

  6.5%

  $1,902,786

  7%

  $1,766,873

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,091,504

  Geo Method

  $1,084,217

• Alternative Use

  Use

  Valuation

  Residential

  $2,359,455

  Hospitality

  $2,161,248

  Educational

  $1,798,133

  Medical

  $1,859,974

  Retail

  $2,797,096

Location Insight

City

Pen Argyl

County

Northampton

State

Pennsylvania

Latitude

40.8668

Longitude

-75.2543

CBSA code

10900

CBSA name

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

Property Tax & Assessments

FAQs

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