520 Main St

8,228 SF Vacant Retail Building Hellertown, PA 18055 $1,200,000 ($146/SF)

INVESTMENT HIGHLIGHTS

  • Close Proximity to Philadelphia and NYC
  • One mile south of I78 and easy access to local routes 33-22-309 and 191
  • Situated on a signalized intersection with High profile bus stop and 15 minute loading zone
  • Unparalleled Visibility and Walkability
  • Newly Constructed Crossings with high end brick walkways around town, featuring flashing lights with push button crosswalk
  • Three Story bavarian style brick building wit a dry basement

EXECUTIVE SUMMARY

LEASING IS AN OPTION FOR THIS BOUTIQUE PROPERTY AS WELL.
ALSO, TWO OTHER UNIQUE LOCATIONS ON MAIN STREET IN HELLERTOWN PA.
VERY BUSY BUSINESS DISTRICT WITH ONE OF THE HIGHEST, IF NOT THE HIGHEST VOLUME OF VEHICLES DRIVING PAST THIS LOCATION IN HELLERTOWN DAILY IN THIS VERY VERY
CHARMING TOWN,STREETS OVERFLOWING WITH CHARACTER,
FROM AN ECLECTIC MIX OF SHOPS AND RESTAURANTS,
THE BUILDING SPORTS A 15 MINUTE LOADING ZONE, PLUS A VERY POPULAR LANTA BUS STOP,
WHICH WILL KEEP THE FRONT OF YOUR STORE FREE FROM ANYONE WISHING TO PARK THEIR VEHICLE DURING BUSINESS HOURS.
THE LAST BUSINESS REIGNED 54 YEARS.
First Purchase Option,
Owner Financing is Now Available!!!
fixed competitive rates from 2-10 year options ,and renewable option’s,based on a thirty year amortization schedule, interest only for the first chosen term, final balloon payment or with renewable financing options based on principal and interest. All financing will be non-recourse, assumable and transferable with a 65% ltv to acquire the position. All accepted terms will include a lock out period throughout the term. The mortgagee, will work closely with the mortgagor, in order to close on the property, and achieve the business buildout desired by adjusting the down payment accordingly,
AND FOR YOUR BENEFIT, MANAGEMENT WILL ENTERTAIN VIEWING YOUR OUTSIDE FUNDING PROPOSAL, AND WILL TRY TO MEET IT OR BEAT IT, EVEN IF IT MEANS ADDING POINTS AND FEES INTO THE EQUATION AS WILL ALL LENDING INSTITUTIONS. YEAH WE CAN DO THAT FOR YOUR BENEFIT, OR AT LEAST ENLIGHTEN YOU.
Second Purchase Option, 1031 exchange, with all cash or outside financing.
PPSF is $146.
Lot size is 8988 SF
520 Main Street is also available as follows,
420sf
192 sf
468 sf
288 sf
700 sf
800 sf
800 sf
Message or email Anthony Monaco for pricing
ORIGINAL LEASING OPTION,
THIS UNIQUE PRIME SPACE AND LOCATION IS APPROXIMATELY 3400 SF, PLUS 2000 SF FOR FREE, MEANING NO BASE RENT ADDED IN FOR THE EXTRA SPACE,
THIS YIELDS YOU THE WHOLE GROUND FLOOR STREET LEVEL,
AND AGAIN IT COMES WITH APPROXIMATELY 2000 SF OF FREE VERY LARGE DRY BASEMENT,
AND TWO BACK ROOMS FOR FREE, WHICH CAN BE FINISHED OR USED FOR STORAGE, THESE ADDITIONAL SPACES ARE ONCE AGAIN, FREE FROM ANY BASE RENT CHARGES, THE CAM, NNN, AND UTILITIES ARE YOUR ONLY ADDITIONAL COSTS.
THIS BOUTIQUE UNIQUE SPACE IS PRICED AT $17.50 PSF PLUS NNN, CAM, PLUS ALL UTILITIES .
THE SPACE WILL BE DELIVERED IN AS IS CONDITION,
AND MANAGEMENT WILL CONSIDER FREE BUILDOUT OUT TIME ON AN INDIVIDUAL BASIS,
MANAGEMENT DOESNT REQUIRE A 15-25% OF YOUR PROFIT, AND YOUR BUSINESS HOURS OF OPERATION ARENT LIMITED LIKE THE BIG CENTERS AND REGIONAL MALLS.
Management suggests that this location is perfect for many types of business, Especially a Gourmet Market,
Now that’s the LaCreme d LaCreme for this space and location.
SOMETHING LIKE A WHOLE FOODS, OR FRESH FOODS CONCEPT,
Which includes a fresh gourmet meat, fish and seafood department,
Prepared foods and cooked meats,
And Delicious Fresh Sliced Cold Cuts,
Specialty Foods, Salads,Sandwiches
Baked items,
Catering,
Food Items are only limited to your imagination.
OR CREATE AN ORIGINAL LEASE AND CONCESSION THE SPACE OUT TO OTHER LIKE MINDED BUSINESS PEOPLE. OR PERHAPS TO A FRANCHISE, THE OPTION’S ARE ONLY LIMITED TO YOUR IMAGINATION.
Take out only would be the ticket.
Management can assist you with the following items,Which are all professional grade,
Meat grinders,Bandsaws,Slicing Machines,
Scales for the counter top,
Huge Gas Oven With the hood and the
ansul System, Work tables,
REFUNDABLE,
Bond money will be required and the amount will depend upon the equipment you will utilize from the landlord, the money will be placed in an escrow interest bearing account.
THE BUILDOUT WILL BE THE TENANTS RESPONSIBILITY.
FOR A MARKET IN THIS SPACE, THE LANDLORD WILL ASSIST BY PROVIDING UP TO SIX MONTHS OF FREE BASE RENT FOR YOUR BUILDOUT, AND THE TENANT IS ONLY OBLIGATED TO PAY THE CAM, NNN, AND BUILDING EXPENSES PLUS ALL UTILITIES.
AND THE RENT WILL COMMENCE AT THE TIME OF YOUR GRAND OPENING,
IF YOUR BUILDOUT TAKES LONGER THAN SIX MONTHS YOU WILL BE REQUIRED TO PAY 50% OF THE BASE RENT PLUS THE CAM, NNN, CALLED BUILDING EXPENSES,
UTILITIES MUST BE ON TENANTS NAME AT LEASE SIGNING.
ONCE A DEAL IS REACHED,
THE LANDLORD WILL PROVIDE THE TRUCK AND A DRIVER,
THE EQUIPMENT IS THREE HOURS AWAY,
THE TENANT WILL PROVIDE FOUR OR FIVE MEN TO EXPEDITE THE JOB IN TWO DAYS , LOADING AND UNLOADING THE TRUCK IS THE TENANTS RESPONSIBILITY, AND THE TENANT MUST PROVIDE THE LIABILITY INSURANCE FOR THE MEN, THE LANDLORD WILL SUPERVISE THE ENDEAVOR, FROM BEGINNING TO THE END OF ATTAINING THE EQUIPMENT , AND DROPPING OFF THE EQUIPMENT, BUT WILL NOT ASSIST IN LOADING OR UNLOADING THE TRUCK.
Frontage: west facing front is 44.25 feet, east facing back is 41.35 feet, north facing side is 219.45 feet, south facing side is 209.45 feet.
ADDITIONAL LOCATIONS FOR LEASE.

AT 1057 MAIN STREET,
PRIME BOUTIQUE OFFICE SPACE, MEDICAL , OR RETAIL,LAW, PROFESSIONAL OFFICE, ETC,
NEXT DOOR TO STATE FARM INSURANCE.
TOTALLY UPDATED, BRAND NEW BUILD OUT,
765 SF, at $32. Psf plus cam, nnn, and utilities.
Hvac system is in place,
Existing 3 phase electric service.
ANOTHER FORMULA TO HELP EASE YOU INTO YOUR NEW LOCATION ARE THE FOLLOWING FOUR OPTIONS,
WHICH COMES WITH NO RESPONSIBILITY, OR ADDITIONAL ADDED EXPENSES,
THEY ARE ALL PRICED WITH ONE FLAT RATE,
JUST BRING YOUR POLICY FOR CONTENTS AND LABILITY.
90 sf
116 sf
116 sf .
48 sf ,
Message or email Anthony Monaco for pricing
All spaces will share a 395 sf waiting area,
ALL OF THE SPACES ARE ADA ACCESSIBLE, MINT, AND IMMEDIATE MOVE IN CONDITION

AND A THIRD UNIQUE LOCATION,
612 MAIN STREET IN HELLERTOWN.
150 sf , private entrance,
perfect starter space,
Private prime office space,
prime location.
Simply,
One flat rate,
Just bring your liability and content insurance.
DONE.
Message or email Anthony Monaco for pricing
PLEASE INQUIRE FOR FURTHER INFORMATION BY CONTACTING MANAGEMENT, AND PLEASE MAKE YOUR FIRST INQUIRIES BY TEXT OR EMAIL.

ANTHONY MONACO
CELL -917-714-0720
MONACOHILLINC@YAHOO.COM
OR THE LISTING AGENT
DEBI ROWLAND
FROM REALITY ONE GROUP SUPREME
1-610-554-9399
Drowland@rogsupreme.com
Debra Rowland.myrraltyonegroup.com
EMAIL- MONACOHILLINC@YAHOO.COM,

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,228 SF
Building Class
C
Year Built
1900
Price
$1,200,000
Price Per SF
$146
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.94
Lot Size
0.20 AC
Zoning
15TC - TC Town Center Commercial District
Parking
8 Spaces (0.97 Spaces per 1,000 SF Leased)
Frontage
44’ on Main St

AMENITIES

  • 24 Hour Access
  • Wheelchair Accessible
Walk Score®
Very Walkable (74)

NEARBY MAJOR RETAILERS

Starbucks
Truist

PROPERTY TAXES

  • Listing ID: 33564062

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 520 Main St, Hellertown, PA 18055