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Retail Strip Center For Sale 2374 Seipstown Rd

9,400 SF 23% Leased Retail Building Fogelsville, PA 18051 $1,300,000 ($138/SF)

Executive Summary

Ideal for owner-operator or 1031 Exchange client. Strip mall for sale with available spaces for lease. Current tenants include popular pizza restaurant and nail salon. Just 5 minutes from I-78, 7 minutes to downtown Fogelsville and high traffic Route 100. New residential construction and new townhomes nearby. Multiple suites available for immediate occupancy.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $54,060 $5.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $54,060 $5.75
Taxes - -
Operating Expenses - -
Total Expenses $50,000 $5.32
Net Operating Income $4,060 $0.43

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $54,060
Annual Per SF $5.75
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $54,060
Annual Per SF $5.75
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $50,000
Annual Per SF $5.32
Net Operating Income
Annual $4,060
Annual Per SF $0.43

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,400 SF
Building Class
B
Year Built
1995
Price
$1,300,000
Price Per SF
$138
Percent Leased
23%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.18 AC
Zoning
RURAL VILLAGE - Rural Village

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 201
  • 900 SF
  • Office/Retail
  • -
  • Now

This space is built out as an office, and has several workstations / cubes, in good condition, left by the previous tenant, that can be used by a new tenant. Currently, there is an open doorway between this space and the space next door, which can be removed, if the tenant only needs 900 SF, or both units (201-202) can be leased together, for 1,800 SF, total. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc.

  • 202
  • 900 SF
  • Office/Retail
  • -
  • Now

This space was built out as a smoothie shop, and has a fountain area, sink, etc. that can be used by a new tenant. There is also a conference room with a conference table available for a new tenant. Currently, there is an open doorway between this space and the space next door, which can be removed, if the tenant only needs 900 SF, or both units (201-202) can be leased together, for 1,800 SF, total. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc. Space includes ADA compliant restroom that would be private for an 1,800 SF tenant, or shared with one other tenant, if only 900 SF is leased.

  • 203
  • 900 SF
  • Office/Retail
  • -
  • Now

This space was a former dance studio, with a large open area, an ADA compliant restroom, and an office / reception area at the front of the space. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc.

  • 209
  • 1,800 SF
  • Office/Retail
  • -
  • Now

This space is built out as an office, with four large offices, an ADA compliant bathroom and a reception area. One of the offices has a sink and cabinets, and could be configured as a break room. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc.

Space Size Space Use Position Available
201 900 SF Office/Retail - Now
202 900 SF Office/Retail - Now
203 900 SF Office/Retail - Now
209 1,800 SF Office/Retail - Now

201

Size
900 SF
Space Use
Office/Retail
Position
-
Available
Now

202

Size
900 SF
Space Use
Office/Retail
Position
-
Available
Now

203

Size
900 SF
Space Use
Office/Retail
Position
-
Available
Now

209

Size
1,800 SF
Space Use
Office/Retail
Position
-
Available
Now

201

Size 900 SF
Space Use Office/Retail
Position -
Available Now

This space is built out as an office, and has several workstations / cubes, in good condition, left by the previous tenant, that can be used by a new tenant. Currently, there is an open doorway between this space and the space next door, which can be removed, if the tenant only needs 900 SF, or both units (201-202) can be leased together, for 1,800 SF, total. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc.

202

Size 900 SF
Space Use Office/Retail
Position -
Available Now

This space was built out as a smoothie shop, and has a fountain area, sink, etc. that can be used by a new tenant. There is also a conference room with a conference table available for a new tenant. Currently, there is an open doorway between this space and the space next door, which can be removed, if the tenant only needs 900 SF, or both units (201-202) can be leased together, for 1,800 SF, total. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc. Space includes ADA compliant restroom that would be private for an 1,800 SF tenant, or shared with one other tenant, if only 900 SF is leased.

203

Size 900 SF
Space Use Office/Retail
Position -
Available Now

This space was a former dance studio, with a large open area, an ADA compliant restroom, and an office / reception area at the front of the space. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc.

209

Size 1,800 SF
Space Use Office/Retail
Position -
Available Now

This space is built out as an office, with four large offices, an ADA compliant bathroom and a reception area. One of the offices has a sink and cabinets, and could be configured as a break room. Tenant only pays for electric and Internet. Landlord covers all other expenses such as water, insurance, common area maintenance, etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
544613546174-1
Land Assessment
$212,700
Improvements Assessment
$486,900
Total Assessment
$699,600
  • Listing ID: 33702885

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 2374 Seipstown Rd, Fogelsville, PA 18051

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