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Property profile & analytics
OFF-MARKET
Lifestyle centers

252 Spring Garden St Easton, PA 18042

3,412 SF 0.04 ac lot Built 1900
Entity Owned 1-yr Hold
Property ID
US73-2216613
Property summary
AI-generated overview

This exceptional 3,412 square foot storefront and shopping center property, located at 252 Spring Garden Street in Glendon, PA 18042, presents a unique investment opportunity. The property, built in 1900 and situated on a 0.039-acre lot (APN: L9NE3D 18 10 0310), boasts a prime corner location in Downtown Easton's historic district. Currently operating at 100% occupancy with a single tenant under a gross lease expiring February 24, 2025 (0.4 years remaining), this property offers immediate income potential. The building's rich history is evident in its grand foyer, featuring beautiful woodwork, a historic staircase, exposed beams, and a period coat room. The main floor includes a spacious front room with a fireplace and built-in shelving, a dining room with a Mercer tile fireplace and bay window, a butler's pantry, and a commercial kitchen with back door access. The upper floors offer ample residential space with a total of seven bedrooms and three full bathrooms. The basement includes an original wet bar, entertaining space, and unfinished areas housing two water meters, two electric panels, two water heaters, and two gas boilers (one steam, one hot water). This versatile property offers significant potential for continued commercial use or conversion to residential, capitalizing on its prominent location and historical charm. The property is being sold as real estate only.

Property profile
Verified
Property type Lifestyle centers
Year built 1900
Total area 3,412 SF
Lot 0.04 ac (1,699 SF)
UPID US73-2216613
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
  • J. Morgan East Hair Salon
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Owner & transaction history
L&p Dimarco Holdings LLC · 1 yrs held
L&p Dimarco Holdings LLC
since 2024
1 recorded transaction
2024
$727,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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