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NNN Property with Multiple Tenants
For Sale
$895,000

308 Old Mill Road, Easton, PA 18040

Fully leased commercial asset with restaurant, insurance agency, and rear garage occupancy.

Property Size2,400 SF
Price / SF$372.92
Days on Market152

Property Features for 308 Old Mill Road

General Information

Standard status Active
Size 2,400 SF
Property subtype General Commercial
Occupancy 100%

Taxes and HOA fees

Annual Taxes $6,135

Amenities

Central Air
5 Parking Spaces.
13936.0
Asphalt.

Building Details

Year Built 2006
Tenancy Multi
Listing Agency:
Listed By: Coldwell Banker Hearthside
Source: Xome
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 29 at 2:57PM

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 Coldwell Banker Hearthside

Investment Insights

Based on property information with market context.

This 2,400-square-foot commercial property was built in 2006 and is fully leased to a restaurant, an insurance agency, and a tenant occupying the rear garage. Central air serves the building, while the paved site includes five parking spaces. The tenant mix provides multiple occupied components within one asset.

Lease arrangements are structured as hybrid triple net, with operating responsibilities passed through to tenants. The landlord currently pays 25% of taxes and insurance. The property is located at 308 Old Mill Road in Easton, Pennsylvania, within Forks Township. It may also be acquired with two neighboring commercial properties as part of a bundled portfolio.

Key Highlights

  • 2,400‑square‑foot commercial property built in 2006
  • Fully leased to a restaurant, insurance agency, and rear garage occupant
  • Hybrid triple net leases with 25% of taxes and insurance currently paid by landlord

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Auto Parts Store Kitchen & Bath Showroom Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

417
Businesses Nearby

Demographics for 18040, PA

16,980
Population
6,945
Households
2.4
Avg Household Size
46
Median Age
41%
College-Educated
94%
High-School Grad
17.3 sq mi
ZIP Area
982
Density / Sq Mi
$108,994
Median Household Income
$56,825
Median Earnings
$1,410
Median Rent
$347,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Fully leased commercial asset with restaurant, insurance agency, and rear garage occupancy.
Where is this nnn property located?
The property is located at 308 Old Mill Road Easton, PA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 2,400‑square‑foot commercial property built in 2006; Fully leased to a restaurant, insurance agency, and rear garage occupant; Hybrid triple net leases with 25% of taxes and insurance currently paid by landlord
More about this property
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