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31342826

Mixed-Use Property, Bangor, PA 18013

LF
PA RS380238
Hanna Commercial Real Estate Allentown
CW
PA348789
Hanna Commercial Real Estate Allentown
Listed by Hanna Commercial Real Estate Allentown
$2,400,000
74 days on market
Updated 27 days ago

Confidential mixed used investment property - Bangor, Pa

Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Shopping Center, Day Care/Nursery (+1)
Square Footage 11,855
Units 5
Occupancy 100%
Price per SqFt $202
Broker Co-Op Yes
Year Built 1900, 2001
Buildings 2
Stories 2
Acreage 1.400
Zoning C2
Parking Spaces 150 spaces
Parking Per SqFt 12.65
Investment Type Stabilized
Ownership Fee Simple

Nearly 12,000 sq ft on a prime corner location in the Greater Lehigh Valley area

Marketing description

Turn-key mixed-use investment opportunity offered at $2.4M in the greater Lehigh Valley area. This property offers a versatile layout ideal for a variety of uses, including retail, professional office, real estate, or mixed- used development. Situated on a high-visibility corner lot with strong traffic count. This unique 11,000+ sq ft property on over 1.35 acres is a long-standing destination with multiple streams and significant upside potential. Currently owner operated and fully utilized, the site offers flexibility for investors, owner-users, or hospitality operators seeking scale and repositioning opportunities. Building one: Featuring 5988 sqft built in 2001 includes a well-established diner with seating for approximately 176 guests, a full commercial kitchen with extensive high- end equipment, large ADA compliant restrooms, and upper-level event space. The layout supports immediate operation while offering the ability to optimize efficiencies or increase rental income. Building two: Features 5867 sqft built 1900. Includes an ice cream shop, office space, a three-bedroom apartment, and additional flexible commercial areas that can be subdivided for added income. The property also benefits from multiple garage bays with storage. Equipment includes two nearly new Taylor soft-serve machines, commercial refrigeration, bakery capabilities, and complete dining setup. Also parking for 150+ vehicles and well-maintained FF&E. All buildings feature newer metal roofs, minimizing near- term capital expenses. With multiple revenue streams excellent access to surrounding towns and commuter routes, this is a rare opportunity to acquire a versatile, income producing assets with both immediate functionality and long-term upside. Additional acreage and rental income on adjacent parcels may also be available for sale.

Listing Contacts

LF
PA RS380238
Hanna Commercial Real Estate Allentown
CW
PA348789
Hanna Commercial Real Estate Allentown
Listed by Hanna Commercial Real Estate Allentown

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Additional Information

Name
Latidia Fisher
License
RS380238
Brokerage
Howard Hanna The Frederick Group
Brokerage Phone
610-398-0411
Title
Real Estate Salesperson
Brokerage Address
3500 Winchester Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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