1470 + Church St Lots Toughkenamon, PA 19374

Property Details for 1470 + Church St Lots

Year built

1934

Lot size

0.37 lot acres

Property size

10,112 SF

Property type

Multifamily properties

Description

This exceptional investment opportunity presents a meticulously maintained, mixed-use building situated on four tax parcels totaling approximately 1.31 acres in Toughkenamon, PA. The property, formerly known as the Brown Derby, encompasses 10,112 square feet and features five units: four commercial spaces currently leased to a bakery, barbershop, Mexican restaurant, and fitness center, and one residential apartment. The total leasable commercial square footage is 6064 square feet. All commercial tenants are under long-term leases, ensuring consistent rental income and investment stability. The property boasts 36 parking spaces, providing ample parking for tenants and customers. Significant recent improvements include a new roof, updated HVAC systems, and fresh exterior paint. Each unit is equipped with its own heating and cooling, separate electric and gas meters, and sub-metered water and sewer services. The sale includes four tax parcels: 60-01Q-009 (building and 0.37 acres), 60-01Q-0017 (parking lot and 0.33 acres), and two additional residential lots (60-01Q-0016, 0.29 acres and 60-01Q-0015, 0.32 acres) off Church Street. This turnkey property offers a compelling blend of established income and future development potential.