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116 MAIN, Alburtis, Pennsylvania

$300,000Active

Property Details

116 MAIN, Alburtis, Pennsylvania 18011 - Attractive for investor or lease operator! 100 yr. + lease for Sale for 300K, includes the use of the building's lower level and first floor,some parking,newer restaurant equipment,fixtures,central air, propane,fit out,business,includes some utilities, etc. This unique property (lease) located on Main Street in the growing Borough is being offered for transfer. Over the course of the term the cost is about 20.25 a month. If you lease the property for 3000/month, less cost of 20.25 equals about 2980/mo. x 12 mo./yr. for 104 years will yield about 3,719,040 profit at current lease rates. This is a very unique opportunity for long term investment as almost any commerical application should be permitted in this space. A video is provided to preview the property as it is currently fitted out. To obtain details of the long term lease investment,interested persons need to sign a non disclosure agreement.

Amenities

  • Zip18011
  • Countylehigh
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • School districtEAST PENN
  • Year built1875
  • Lot size0.00
  • SewerPublic Sewer
  • ParkingLot
  • Tax amount$0.00
  • Tax year2017
  • Office ID56086
  • Agent ID60031447
  • Agent nameTheodore M Van Wert
  • MLS® ID1003766753

Broker: Iron Valley Real Estate of Lehigh Valley

Listing Courtesy of Iron Valley Real Estate of Lehigh Valley

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