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520 Main St

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

Investment Highlights

  • This property is in close proximity to NYC, Philadelphia, and a key airport
  • ADH accessible
  • High Visibility and walkability within Hellertown
  • Double door entry with double door glass showroom
  • Intersections, two signalized traffic lights on each side of property
  • Finished repaving of brick walkways around town and the property, features a pedestrian flashing crosswalk

Executive Summary

IF YOU ARE UNDECIDED ABOUT BUYING, READ THIS INFORMATION ALL THE WAY THROUGH, BECAUSE LEASING IS AN OPTION FOR THIS PROPERTY AND TWO OTHER 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,
THE BUILDING ALSO SPORTS A BUS STOP, WHICH WILL KEEP THE FRONT OF YOUR STORE FREE FROM ANYONE WISHING TO PARK THEIR VEHICLE DURING BUSINESS HOURS AND AFTER HOURS.
VERY IMPORTANT FEATURES FOR A SUCCESSFUL BUSINESS,
THE LAST BUSINESS WHICH OPERATED THERE REIGNED 54 YEARS.
Best walkable business block in hellertown, in the heart of all the action, with the best visibility. Property has upscale prime double display window store front, double door entrance and a great store front for high end merchandise; especially antiques. The space is large enough to accommodate many private booths, and the peg board is already in place. 520 Main Street also as an arts and crafts palace, a professional office, a prime steakhouse, a gourmet meat market
. This is an opportunity for a person to acquire a great place especially with flexible financing by the owner, or take over the master lease, and establish several strong businesses within the property.
First Option - Owner Financing is Now Available!!!
Option for 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.
Second Option - 1031 exchange, with all cash or outside financing.
The owner is also okay with leasing this upscale location,
1st option, which is approximately 5426 sf. This includes the ground floor and lower levels that are be priced at $5,942.40 per month, plus cam and NNN lease. The space would be delivered in as is condition.
2nd option, The Whole Front Portion of the building on the ground floor, Approximately 2800 sf at $25.95 Psf plus a cam charge and utilities will be added to the rent,
Comes with a separate new bathroom,
Landlord will pay for half the cost of new flooring.
A new air conditioning and heating system,
New gravel and stone parking lot and pavers and gravel and stone for the north side of the building considered the courtyard.
Lighting will be replaced wherever the tenants deem necessary.
3rd, option ,
A portion of the back of the building on the ground floor, approximately 2200 sf, at 12.89 Psf plus cam chargers and utilities will be added to the rent.
comes with a separate updated bathroom , landlord will pay for half of the cost of new flooring in the main portion of the building only,
Landlord will replace lighting wherever deemed necessary by the tenants.
520 Main St is situated in the midst of a high end prime neighborhood, with an abundance of high end luxury homes and apartments, all of which are growing rapidly.
absolutely unparalleled.
the building yields a great attractive open concept commercial space. And features public water and sewer, is forced air and oil fired. Additionally, the apartment is a natural gas hot water system for heating and has a natural gas hot water that in need of remodeling. The ceilings are nice and high in the vast majority of the commercial space. Property has off street parking which is ample for many business ventures. Property has had the second and third floor gutted, so make the renovations to suit your business at this upscale blank slate diamond in the rough. 520 Main Street is located in the prestigious Saucon Valley School District.
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.

ADA ACCESSIBLE.
Contact local zoning for your specific use for this convenient location. The Property be sold or leased as-is. UNLESS YOU CHOOSE THE 2800 SF OR THE 2200 SF.
Please use email or text messages for your initial inquiries.
THESE ARE THE OTHER LOCATIONS AVAILABLE FOR LEASE.
AND ALSO LOCATED IN HELLERTOWN PA,
AT 1057 MAIN STREET
FROM 765 SF,
90sf
116sf
116sf
48sf
AND A THIRD LOCATION,
612 MAIN STREET IN HELLERTOWN
750 sf
150 sf
Pricing upon request

INQUIRE FOR ALL THE INFORMATION BY CONTACTING
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 FT on Main St

Amenities

  • Bus Line
  • Courtyard
  • Raised Floor
  • Signage
  • Signalized Intersection
  • Recessed Lighting
  • Air Conditioning
  • Smoke Detector
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
Q7SW3A 2 2 0715
Land Assessment
$37,600
Improvements Assessment
$40,400
Total Assessment
$78,000
  • Listing ID: 33564062

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 520 Main St, Hellertown, PA 18055

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