$450,000

265 Nazareth Pike

Lower Nazareth Twp PA, 18020

Description

This is a great multi-source income property. The income from the ice cream shop/restaurant carries the property, and the potential of growth for that restaurant is huge. The Spot Drive-in is an icon of Northampton County and the Lehigh Valley, and carries a very large customer base. There is rental income from the house which consists of two units. The first floor unit has two bedrooms and one bath, The second floor unit has two bedrooms and one and a half baths, Finally, the third building with an office/apartment and the garage bays could boast more rental income. Don't miss this fantastic business opportunity.

Details

MLS#606858
StyleIndustrial
Sub-TypeResale
StatusActive
Year1950
Days On Site196

Features

SQ Feet6,362
Story(s)0

Additional Information

County Taxes783.52
Municiple Taxes275.56
School Taxes3701.14
Total Taxes4760.22

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Area Information

StatePA
CountyNorthampton
CityLower Nazareth Twp
Zip Code18020
AreaLower Nazareth
Listing VS Median (in 18020)
Price:
$450,000
low | high
Med:
$260,960
92.008888888889% of Average
SqFt:
6,362
low | high
Med:
1,583
100% of Average
$ / SqFt:
$71
low | high
Med:
$167
86.015229646408% of Average
On Site:
196
low | high
Med:
14
100% of Average
Listing Updated: 10/14/2019
MLS Number: 606858
Listing Provided By:
Dean M. Benner  of  Equity MidAtlantic Real Estate