275 Moorestown Rd Wind Gap, PA 18091
- Commercial real estate
- 4,901 SF
- 5.05 lot acres
Current Use by Public Records
- Cdm Auto Sales, Llc / Used Car Dealer
- VA Used Cars / Used Car Dealer
Property Details for 275 Moorestown Rd
- Lot size
- 5.05 lot acres
- Property size
- 4,901 SF
- Property type
- Commercial real estate
Description
This exceptional 5.05-acre commercial property in Wind Gap, Pennsylvania, presents a unique investment opportunity. Located on busy Route 512, near the intersection with Bushkill Center Road, the site boasts 4,901 square feet of existing retail space currently housing a drive-through fast-food restaurant, an upscale tack shop, and a small car dealership. Three residential units (one vacant) and an RV storage facility are also on the property. Recent renovations have been completed to the automotive office and residential apartments. The property generates a current gross annual income of $150,000, with potential to exceed $160,000 upon leasing the vacant apartment. The seller is open to owner financing up to $1 million at a below-market interest rate. The substantial metal structure with a concrete floor provides ample covered storage for RVs and boats. The flexible layout allows for diverse uses and potential for additional pad sites, such as a pharmacy, bank, or additional food establishments. An adjacent parcel with direct access to Bushkill Center Road may be available for purchase separately. This property offers significant upside potential for a savvy investor. The asking price is $1,690,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wind Gap
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.329557
- Latitude
- 40.8290246