300 Lafayette St Tamaqua, PA 18252-1225

Property Details for 300 Lafayette St

Year built

1920

Construction

FRAME

Lot size

0.12 lot acres

Property size

1,000 SF

Property type

Commercial real estate

APN

65-11-0319.001

APU

65110319001

Description

This exceptional commercial property at 300 Lafayette Street in Tamaqua, Pennsylvania, presents a unique investment opportunity. Spanning 5,600 square feet on a 0.12-acre lot, this historic building boasts three distinct income-generating units. The ground floor houses a fully operational restaurant, complete with a walk-in cooler and existing kitchen equipment, ready for immediate use. The second floor features a thriving ice cream parlor, showcasing a striking metal-embossed ceiling and all necessary equipment. Adding to the property's versatility is a residential apartment on the upper level, offering three bedrooms, one full bathroom, and two balconies. This provides an additional income stream or potential owner's quarters. The building's strategic location offers convenient access to local amenities, with schools, a high school, and a college all within a half-mile radius. Further enhancing its appeal, the property has undergone significant improvements, including the installation of all new replacement windows, ensuring energy efficiency and reduced maintenance costs. This turnkey operation presents a rare chance to acquire a well-established, multi-unit property in a desirable location with significant upside potential. The asking price is $270,000.