372 Delaware Ave Palmerton, PA 18071-1820
This exceptional 11,602 square foot freestanding retail building, formerly a bank, presents a unique investment opportunity in the heart of Palmerton, PA. Located on Delaware Avenue, this single-tenant property boasts a highly desirable location with excellent visibility and accessibility. The building features a convenient drive-thru, providing added convenience for potential tenants and customers. Ample parking is available on-site, ensuring ease of access for patrons. The property benefits from its strategic placement within the bustling downtown area, surrounded by established businesses such as Family Dollar, Dunkin' Donuts, and Rite Aid, creating a strong retail synergy. This property is ideal for a variety of retail uses, offering significant potential for growth and profitability. The building's size and features make it suitable for a wide range of businesses seeking a prominent location in a thriving community. Its former use as a bank suggests a solid foundation and potentially adaptable interior layout. The property is available for both lease and sale, offering flexibility to prospective buyers and tenants. Serious inquiries are encouraged to explore this exceptional opportunity to acquire a prime retail space in a vibrant Pennsylvania town. All offers are being considered.
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KeyBank ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.