275 W MOORESTOWN RD Pending

Nazareth,PA 18064

$ 1690000

- Bed

- Bath

1311 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 1,311 sqft

Price per Sqft $1,289

MLS Listing ID PANH2005588

Year Built 1900

Annual Tax Amount $2,876

Tax Year 2023

Lot Size 1.000 Acres

Property Description

Expansive 5.05-acre commercial site strategically positioned along busy Route 512, just off the intersection with Bushkill Center Road boasting ample opportunities for various ventures. Seller willing to consider personal-financing arrangements up to $1 million. The site currently features 3 retail buildings, 3 residential units (one vacant), and an RV storage parking facility. Flexibility for reconfiguration is inherent, catering to diverse potential uses. The retail establishments encompass a drive-through fast-food stand, an upscale tack-shop, and a compact car dealership. Additionally, a substantial metal structure with a concrete floor occupies the rear section, serving as undercover storage for RVs and boats. Recent renovations were made to the automotive office and residential apartments. Current gross income stands at $150,000 annually, with potential to exceed $160,000 post-leasing of the third apartment. The property has potential for pad sites for pharmacy, bank, food and more. An adjacent parcel with direct access to Bushkill Center Road may be procurable at an extra cost.

Location

State PA

County Northampton

Area Bushkill Twp (12406)

Zoning NC

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Exterior

Garage Spaces 90.0

Water Access N

Roof Type Radiant Barrier

Building

Sewer On Site Septic

Water Well

New Construction N

Schools

School District Nazareth Area

Others

Acceptable Financing Cash,Conventional,Seller Financing

Listing Terms Cash,Conventional,Seller Financing

Special Listing Condition Standard

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