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    565 Penn Pike Pike Tamaqua, PA 18252

    Sponsored
    For Sale
    $1,990,000

    Prime Retail Strip Center, 19,940 sq ft, 2.6 acres

    Property size:
    19,940 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 19,940 square foot retail strip center in Tamaqua, Pennsylvania, presents a compelling investment opportunity. Situated on a 2.6-acre lot, the property currently boasts 40% occupancy, leaving significant potential for growth and increased revenue. Recent improvements include a newly paved parking lot, enhancing curb appeal and attracting potential tenants. The property's 60% vacancy rate offers a unique chance for investors to curate a desirable tenant mix, aligning with their specific investment strategy. This translates to immediate operational upside and a clear path to achieving full occupancy and maximizing rental income. The property's strategic location in Tamaqua provides access to a thriving local market, further enhancing its investment appeal. This is a rare chance to acquire a substantial retail property with considerable upside potential, allowing for significant returns on investment through strategic leasing and property management. The existing infrastructure provides a solid foundation for immediate occupancy and future expansion, making this an attractive proposition for both seasoned investors and those seeking a high-growth opportunity in the Pennsylvania retail market. The property's size and location make it ideal for a variety of retail businesses, offering flexibility and adaptability to changing market demands.

    Property Features for 565 Penn Pike Pike

    General Information

    Property type
    Retail properties
    Square Feet
    19,940 SF
    Lot Size
    113,256 SF

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Dental Office Building Supply Wholesale Shop Hotel & Motel Daycare Center Shopping Mall Home Appliance Store Carpet & Flooring Store Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tamaqua
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -75.9581
    Latitude
    40.77522

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Strip Center, 19,940 sq ft, 2.6 acres
    Where is this retail property located?
    The property is located at 565 Penn Pike Pike Tamaqua, PA.
    What is the asking price?
    The asking price for this property is $1,990,000.
    (570) 587-9999
    Request Owner's contact information
    565 Penn Pike Pike Tamaqua, PA 18252
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    Tamaqua, PA 18252
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    565 Penn Pike Pike Tamaqua, PA 18252
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