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613-623 N 19th St
Allentown, PA 18104

100% Occupied Three-Tenant Retail · Retail Property For Sale

Investment Highlights

  • Limited management with tenants reimbursing operating expenses
  • Limited management with tenants reimbursing operating expenses
  • 3-tenant center with NNN leases and annual rent increases

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,703 SF
Building Class
C
Year Built/Renovated
1935/2023
Price
£1,702,195
Price Per SF
£175
Net Initial Yield
7.50%
NOI
£127,713
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.38
Lot Size
0.58 AC
Zoning
B-5 - Urban Commercial District
Parking
56 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
282 ft on North 19th Street

Amenities

  • Atrium
  • Air Conditioning

PROPERTY TAXES

Parcel Number 549730193928-1 Improvements Assessment £636,335
Land Assessment £159,084 Total Assessment £795,418

PROPERTY TAXES

Parcel Number
549730193928-1
Land Assessment
£159,084
Improvements Assessment
£636,335
Total Assessment
£795,418
 

  • Listing ID: 32920765

  • Date on Market: 22/08/2024

  • Last Updated:

  • Address: 613-623 N 19th St, Allentown, PA 18104

The Retail Property at 613-623 N 19th St, Allentown, PA 18104 is currently available for sale. Contact Marcus & Millichap for more information.

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