Lehighton Mixed-Use Investment
For Sale
$650,000
140 N 4th Street, Lehighton, PA 18235
COMMERCIAL - Lehighton, PA
Property Size5,084 SF
Lot Size0.23 Acres
Price / SF$127.85
Days on Market216
Property Features for 140 N 4th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential
Elementary school district
Lehighton Area
Middle school district
Lehighton Area
High school district
Lehighton Area
Subdivision
Lehighton Borough
Standard status
Active
APN
70A10-29-K13
Size
5,084 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4116
Building Details
Year built
1955
Floors in Building
2
Listing Agency:
Koehler-Marvin Realty Brokerage, LLC
(610) 377-8000
Listed By:
Aaron Kromer
(610) 377-8000
Added: Jan 2
Changed: Aug 4
Last Checked: Aug 6 at 7:06AM
MLS# PM-138050
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Lehighton, Pennsylvania, this mixed-use property at 140 N 4th Street presents a unique investment opportunity. The property includes a fully operational 6-lane bowling alley spanning over 5,000 square feet, complete with a full snack stand. Above the bowling alley is a spacious 3-bedroom, 1-bath apartment. The property is situated on a 0.23-acre lot. This setup offers multiple revenue streams under one roof, combining business and residential income potential. The bowling alley is a local staple, offering immediate income potential. The apartment is suitable for owner-occupancy, on-site management, or additional rental income. This property offers potential in a central Lehighton location.
Key Highlights
- Turnkey, fully operational 6‑lane bowling alley with full snack stand provides immediate income.
- Spacious 3‑bedroom, 1‑bath apartment offers owner‑occupancy, on‑site management, or rental income potential.
- Mixed‑use property creates multiple revenue streams.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.5k | $18.00 |
| − Vacancy | −$6.2k | −$1.22 |
| EGI | $85.3k | $16.78 |
| − OpEx | −$38.4k | −$7.55 |
| NOI | $46.9k | $9.23 |
5,084 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$670.1K
$586.4K – $781.8K
NOI $46,909 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$998.8K
$873.9K – $1.17M
NOI $69,915 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bowling alley - Turnkey bowling alley with apartment in central Lehighton.
Where is this bowling alley 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: Turnkey, fully operational 6‑lane bowling alley with full snack stand provides immediate income.; Spacious 3‑bedroom, 1‑bath apartment offers owner‑occupancy, on‑site management, or rental income potential.; Mixed‑use property creates multiple revenue streams.
