Technical
Financial
Distress signals
Property profile

426 Delaware Ave Palmerton, PA 18071

FOR SALE
Individual retail properties
Property ID
US73-2561846
1,600 SF 0.17 ac lot Built 1900
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 1,640 square foot commercial property, located at 426 Delaware Avenue in Palmerton, Pennsylvania, presents a fantastic leasing opportunity. Situated on a 0.17-acre lot, this storefront enjoys exceptional visibility and accessibility, benefiting from an average daily traffic count of 12,000 vehicles and significant pedestrian activity. Previously utilized as a retail store and laundromat, the space offers considerable versatility for a range of businesses. Two large display windows provide excellent opportunities for showcasing products or services, maximizing street-level exposure. The property's solid construction and prime location make it an ideal choice for entrepreneurs seeking a thriving business environment. The asking lease price is $900. This is a rare chance to establish or relocate your business in a high-traffic area with strong potential for success. The property's history as a retail space and laundromat demonstrates its adaptability to various commercial uses. Its prominent location on Delaware Avenue ensures high visibility and accessibility for customers. The ample street traffic and pedestrian flow provide a substantial customer base. Don't miss this chance to secure a prime commercial space in a bustling Palmerton location.

Property profile

Verified
Property type Individual retail properties
Use group LAUNDROMAT (SELF-SERVICE)
Year built 1900
Total area 1,600 SF
Lot 0.17 ac (7,579 SF)
APN 42A-48-E7
UPID US73-2561846

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

426 Delaware Ave Palmerton, PA 18071
Palmerton metro Census 20900 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2024
Last sale
$300,000
3 recorded transactions
2024
$300,000
2016
$175,000
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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