132-142 S 3rd St
Easton, PA 18042
Heritage River View · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Historical two-tenant building that is 100% occupied by Hearst Magazine and Scalarworks designs
- Hearst Magazine is a leading media company and has recently executed a brand-new 10-year lease with 1 (5-year) option to extend, occupying the first
- The property has a 10-year LERTA tax abatement, a benefit that flows to the tenants through reduced CAM
- Originally a 21,000 SF single story building Heritage Riverview is now a two-story 61,000 SF (GSF) Class “A” office building with a completely upgra
- Scalarworks designs and manufactures high-performance sighting systems and signed a 10-year lease with 2 (5-year) options to extend
- Positioned within the Easton Historic District, a national historic district which includes approximately 405 buildings primarily built between 1830
PROPERTY FACTS
Property Type
Building Size
45,664 SF
Building Class
A
Year Built/Renovated
1920/2020
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,832 SF
Building FAR
1.72
Lot Size
0.61 AC
Zoning
10BRT - Commercial
Parking
32 Spaces (0.7 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Conferencing Facility
- Security System
- Waterfront
- Automatic Blinds
- Bicycle Storage
- High Ceilings
- Natural Light
- Secure Storage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | L9SE2B-13-4-0310 | Improvements Assessment | $37,000 |
| Land Assessment | $23,500 | Total Assessment | $60,500 |
