252 Spring Garden St Easton, PA 18042
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.
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J. Morgan East Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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