1634 Lehigh Gorge DrWeatherly, PA 18255

Property Details for 1634 Lehigh Gorge Dr

Year built

1933

Lot size

1.65 AC

Property size (Sq ft)

1,443 SF

Property type

Turn key restaurants

APN

92-27-B32

APU

9227B32

Description

This exceptional commercial property, situated at 1634 S Lehigh Gorge Drive in Weatherly, Pennsylvania, presents a unique investment opportunity. The 3,252 square foot building sits on a 1.65-acre lot, offering ample space for both business operations and potential expansion. Its prime location near the Rockport Access of the Lehigh Gorge State Park and the D&L Trails provides access to a significant local clientele and substantial tourist traffic, creating a strong foundation for growth. The property includes a well-established business with a proven track record, ready for immediate operation. An added benefit is a two-bedroom apartment located upstairs, providing convenient living quarters for the owner or manager. The property boasts plentiful on-site parking, ensuring ease of access for customers and employees. This turnkey operation is ideal for an entrepreneur seeking to establish or expand their business in a vibrant and scenic location. The combination of a thriving existing business, attractive location, and residential component makes this a truly exceptional opportunity. The asking price is $289,900. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $532,871

  6.5%

  $491,881

  7%

  $456,747

• Comparable approach

  Method

  Valuation

  Relative Method

  $469,022

  Geo Method

  $475,127

• Alternative Use

  Use

  Valuation

  Residential

  $414,920

  Hospitality

  $380,064

  Educational

  $316,209

  Medical

  $327,084

  Retail

  $491,881

Location Insight

City

Weatherly

County

Carbon

State

Pennsylvania

Latitude

40.9651

Longitude

-75.78

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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