Mixed-Use Income
For Sale
Contact for pricing
Pending
42 W Ridge St, Lansford, PA 18232
Income-producing building with a street-level business and three rented apartments above.
Property SizeContact for details
Days on Market147
Property Features for 42 W Ridge St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Howard Hanna Real Estate Services Inc Lehigh Valley
Listed By:
Marina Gabunia · License #PA347078
(610) 398-0411
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Sep 2 at 12:52AM
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 Howard Hanna Real Estate Services Inc Lehigh Valley
Investment Insights
Based on property information with market context.
This income-producing mixed-use property includes an approximately 1,879-square-foot building with a business on the first floor and three apartments located above. The business has operated on the first floor for 125 years, and the current owner has managed it for 30 years. The three apartments are described as rented with long-term tenants, and the building is noted as solid.
The property is described as located in the heart of Lansford, with the sale being strictly confidential. Financial details are stated to be available to the right buyer, and remarks also cite a 23% cap rate.
The configuration provides a built-in income mix from both the ground-floor business and the upstairs residential units, with the existing operating business and occupied apartments contributing to the current cash flow profile.
The property is described as located in the heart of Lansford, with the sale being strictly confidential. Financial details are stated to be available to the right buyer, and remarks also cite a 23% cap rate.
The configuration provides a built-in income mix from both the ground-floor business and the upstairs residential units, with the existing operating business and occupied apartments contributing to the current cash flow profile.
Key Highlights
- 1879 SF building in the heart of Lansford with a street‑level business and 3 apartments above
- First‑floor business has been operating at the location for 125 years
- Three apartments above are all rented with long‑term tenants
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 18232, PA
4,222
Population
2,129
Households
2
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
2.1 sq mi
ZIP Area
2,010
Density / Sq Mi
$44,078
Median Household Income
$34,802
Median Earnings
$963
Median Rent
$48,700
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?
Retail space - Income-producing building with a street-level business and three rented apartments above.
Where is this retail space located?
The property is located at 42 W Ridge St Lansford, PA.
What are key features of this property?
This property features: 1879 SF building in the heart of Lansford with a street‑level business and 3 apartments above; First‑floor business has been operating at the location for 125 years; Three apartments above are all rented with long‑term tenants
