Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1910
Sq.Footage
9,600
The well-known Lee Building is offered for sale together with an established restaurant and liquor license, providing multiple potential revenue streams for an investor or owner-operator. This four-story property features: - First floor: An operating restaurant with seating for approximately 38 guests. - Second floor: Restaurant office and storage space, plus a one-bedroom, two-bathroom apartment. - Third floor: Space previously used for a massage/spa business. - Fourth floor: Vacant space offering opportunities for future improvements. The third and fourth floors offer potential for additional commercial space or residential conversion, subject to zoning, permits, and required renovations. CAP rate is around 8%. Seller has a recent appraisal supporting the asking price. Financial information and appraisal documentation are available for qualified buyers to review. An opportunity to acquire an established business, a liquor license, and real estate with existing income sources and room for future growth.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2,178
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$695,000
-
Tax Amount
$1,981
-
Sq. Footage
9,600
-
Price/SqFt
$72
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
348
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
SCHUYLKILL
Elementary School
Middle School
High School
Listing Courtesy of Sherry Chen, BHHS Fox & Roach Wayne-Devon
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.