139-143 Main St, Nazareth, PA 18064
9,648 SF | 83% Leased | Retail Building | Nazareth, PA 18064 | $899,900 ($93/SF) | 7.01% Cap Rate
For Sale
Active
Asking Price $899,900
- Property Type
-
Retail
- Square Feet
- 9,648 SF
- Price / Square Foot
- $93
Listing Contacts
- Property Info
Property Overview
INVESTMENT OPPORTUNITY IN DOWNTOWN NAZARETH! Nestled on bustling Main Street, this stunning 6-unit historic building exhibits charm with its quality brickwork, intricate Italianate details, and a striking segmented pediment atop a large cornice. The ground floor features 2 prime commercial spaces, one of which is already leased, while the upper floors house 4 modestly updated and fully occupied residential units. With current gross rents at approximately $75k and the potential to reach $90k upon leasing the second commercial space, this property is a gem for long term portfolio investors. Don't miss the chance to own a piece of Nazareth's history while enjoying a gilt-edge portfolio addition!
Property Details
- Class
- C
- Year Built
- 1900
- Stories
- 3
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 5,663 SF
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