Mixed-Use Property with Bowling
For Sale
$650,000
140 N 4th Street, Lehighton, PA 18235
An operating bowling business with a snack stand occupies the lower level, with an apartment above.
Property Size6,000 SF
Price / SF$108.33
Days on Market299
Property Features for 140 N 4th Street
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Business
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Additional Details
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$4,116
Building Details
Building Size
6,000 SF
Year Built
1955
Listing Agency:
Koehler-Marvin Realty Brokerage, LLC
Listed By:
Aaron Kromer
(610) 597-4376
Source:
Redstonerun
Added: Jan 5
Changed: Oct 31
Last Checked: Oct 31 at 3:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Koehler-Marvin Realty Brokerage, LLC
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Investment Insights
Based on property information with market context.
This mixed-use property in Lehighton combines a six-lane bowling alley and snack stand with a three-bedroom, one-bath apartment on the upper floor. The bowling operation is currently active, and the building dates to 1955.
Located at 140 N 4th Street, the property brings entertainment and residential space together in one building.
Located at 140 N 4th Street, the property brings entertainment and residential space together in one building.
Key Highlights
- Operating 6‑lane bowling alley with snack stand
- Three‑bedroom, 1‑bath apartment above the bowling space
- Located at 140 N 4th Street in Lehighton, PA 18235
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,590
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,800
$1.2M
Cap Rate 7%
$837,000
$837.0K
Cap Rate 9%
$651,000
$651.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$100.8K $16.80/SF
− Vacancy
−$7.1K −$1.18/SF
EGI
$93.7K $15.62/SF
− OpEx
−$35.2K −$5.86/SF
NOI
$58.6K $9.76/SF
Area
Carbon County, PA
Vacancy
7.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,800
Cap Rate 7%
$837,000
Cap Rate 9%
$651,000
Alternative Uses
Best Use
Mixed Use
$837.0K
$732.4K – $976.5K
NOI $58,590 @ 7.0% cap · market cap 9.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,512 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
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Business Placement
Demographics for 18235, PA
19,139
Population
8,796
Households
2.2
Avg Household Size
47
Median Age
19%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
220
Density / Sq Mi
$72,626
Median Household Income
$44,418
Median Earnings
$1,003
Median Rent
$218,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating bowling business with a snack stand occupies the lower level, with an apartment above.
Where is this mixed-use property located?
The property is located at 140 N 4th Street Lehighton, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Operating 6‑lane bowling alley with snack stand; Three‑bedroom, 1‑bath apartment above the bowling space; Located at 140 N 4th Street in Lehighton, PA 18235
