565 Penn Pike Pike Tamaqua, PA 18252

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

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