Property Details for 565 Penn Pike Pike

Year built

1988

Lot size

2.60 lot acres

Property size

19,940 SF

Property type

Retail properties & Spaces

Description

This exceptional 19,940 square foot retail strip center in Tamaqua, Pennsylvania, presents a compelling investment opportunity. Situated on a 2.6-acre lot, the property currently boasts 40% occupancy, leaving significant potential for growth and increased revenue. Recent improvements include a newly paved parking lot, enhancing curb appeal and attracting potential tenants. The property's 60% vacancy rate offers a unique chance for investors to curate a desirable tenant mix, aligning with their specific investment strategy. This translates to immediate operational upside and a clear path to achieving full occupancy and maximizing rental income. The property's strategic location in Tamaqua provides access to a thriving local market, further enhancing its investment appeal. This is a rare chance to acquire a substantial retail property with considerable upside potential, allowing for significant returns on investment through strategic leasing and property management. The existing infrastructure provides a solid foundation for immediate occupancy and future expansion, making this an attractive proposition for both seasoned investors and those seeking a high-growth opportunity in the Pennsylvania retail market. The property's size and location make it ideal for a variety of retail businesses, offering flexibility and adaptability to changing market demands.

Location Insight

City

Tamaqua

County

Schuylkill

State

Pennsylvania

Longitude

-75.9581

Latitude

40.7752