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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

565 Penn Pike Pike Tamaqua, PA 18252

19,940 SF 2.6 ac lot Built 1988
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1988
Total area 19,940 SF
Lot 2.6 ac (113,256 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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