One of a Kind Business Opportunity located in downtown Palmerton! Entire building was renovated during the sellers ownership! Main floor (3,600 sq. ft) is currently rented as full fitness gym, 2) stand up tanning locations, ladies & mens bath/locker rooms, back room or storage area. 2nd & 3rd floors (3,600 sq. ft. each) includes (8) 2 bedroom, 1 bath apartments, fully rented. Each apartment rents for $675/mo includes hot water & garbage. (Electric heat in each unit, tenants responsibility) Unfinished full basement, with outside access, perfect for storage and/or can provide for whatever your needs. The furnace was converted to gas for economical usage, roof installed 2002. Off street parking available for up to 12 vehicles, plus the side of the building has permitted use for outside vendor usage! Perfect location and with the apartment rentals ideal for any medical, office, professional business. CALL TODAY!!
Off market
$823,800
346 Delaware Ave, Palmerton, PA 18071
16beds
10,800sqft
MultiFamily
Built in 1903
-- sqft lot
$823,800 Zestimate®
$76/sqft
$1,101 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Gas
Cooling
- Central
Interior area
- Total interior livable area: 10,800 sqft
Property
Parking
- Total spaces: 12
- Details: Paved Lot
Features
- Exterior features: Brick
Lot
- Size: 0.30 Acres
Details
- Zoning: Commercial
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Palmerton
Other
Other facts
- WaterSource: Public
- StoriesTotal: 3.0
- ZoningDescription: Commercial
- Heating: Gas
- HeatingYN: true
- CoolingYN: true
- Zoning: Commercial
- ConstructionMaterials: Brick
- NumberOfUnitsTotal: 9
- PetsAllowed: No
- LivingAreaSource: Tax Records
- Cooling: Central Air
- OtherParking: Paved Lot
- StructureType: Mixed Use
- ParkingFeatures: Paved
- LotDimensionsSource: Tax Records
- LotSizeSource: Tax Records
- AboveGradeFinishedAreaSource: Tax Records
- Sewer: Public
- GrossIncome: 64800
- NetOperatingIncome: 11197
- OperatingExpense: 11296
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$823,800
2% more+$16,476
With Zillow Showcase(estimated)$840,276