726 Claremont AveTamaqua, PA 18252

Property Details for 726 Claremont Ave

Year built

1960

Construction

WOOD FRAME

Lot size

8.20 AC

Property size (Sq ft)

2,326 SF

Property type

Retail properties

Property subtype

Retail space

APN

25-12-0031.000

APU

25120031000

Description

This exceptional Tamaqua, PA property offers a compelling investment opportunity. The main building comprises 12,000 square feet, housing ten individual commercial rental units, each adaptable to various business types. These units cater to diverse needs, from small startups to established enterprises. An additional building features a two-bedroom, one-bathroom apartment upstairs and a first-floor space suitable for commercial use or conversion into another two-bedroom, one-bathroom apartment. The expansive 8.2-acre lot provides significant potential for future expansion, allowing for additional rental units, recreational amenities, or green spaces. Located on Claremont Avenue, this property benefits from excellent visibility and accessibility, making it an ideal location for a variety of commercial ventures. The combination of existing income-generating units, ample space, and significant development potential makes this a highly attractive investment in a prime commercial area. This multi-use property presents a unique blend of immediate income and long-term growth prospects.

• CAP approach

  CAP return

  Valuation

  6%

  $527,757

  6.5%

  $487,160

  7%

  $452,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $449,459

  Geo Method

  $765,866

• Alternative Use

  Use

  Valuation

  Residential

  $410,938

  Hospitality

  $376,417

  Educational

  $313,174

  Medical

  $323,945

  Retail

  $487,160

Location Insight

City

Tamaqua

County

Schuylkill

State

Pennsylvania

Latitude

40.8575

Longitude

-75.9996

CBSA code

39060

CBSA name

POTTSVILLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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