7 Lehigh St
6,000 SF 100% Leased Retail Building Catasauqua, PA 18032 $1,200,000 ($200/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Long term Commercial Leases
- Centrally located with many Boro improvements with new traffic light going up.
- Residential units completely remodeled
EXECUTIVE SUMMARY
Prime Investment Opportunity – Mixed-Use Property Key Features at a Glance: 2 Commercial Units: Reliable revenue-generating spaces for business use. 2 Residential Units: Newly updated and currently well below market value, ensuring great rental appeal. 1 Unfinished Residential Unit: A chance to add value and boost returns. Location Highlights: Situated in a centrally located borough with ongoing and upcoming improvements, this property will continue to appreciate in both value and appeal. The strategic location enhances tenant demand for both residential and commercial units. Who Should Invest? This is the ideal property for seasoned investors looking to expand their portfolio or first-time investors seeking a secure, income-generating asset. With updated residential units and a value-add opportunity, the property offers immediate and long-term growth potential. With a mix of stable rental income and value-add possibilities, this property is poised to deliver a strong ROI. Don't miss this chance to secure a dynamic asset in a high-growth area. Contact us today and discover how this property can work for you!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1830
Price
$1,200,000
Price Per SF
$200
Cap Rate
8%
NOI
$96,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.00 AC
Zoning
DC - Dc-Downtown Commercial
Frontage
214’ on Race St
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- La Herencia El Camacho LLC
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| La Herencia El Camacho LLC | Retailer | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 640817621371-1 | Total Assessment | $225,200 |
| Land Assessment | $54,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $170,700 | Tax Year | 2024 |
