42 W Ridge St Lansford, PA 18232

Listing agency Howard Hanna Real Estate Services Inc Lehigh Valley m***@howardhanna.com Show Phone

Listed by Marina Gabunia · License #PA347078

Source Crexi

Added: Apr 12 Updated: Jul 21 at 7:18PM Checked: Jul 21 at 7:18PM

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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.

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

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FAQs

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