426 Delaware Ave Palmerton, PA 18071
- Individual retail properties
- 1,600 SF
- 0.17 lot acres
Current Use by Public Records
- Den Decor Depot / Collectibles Store
- Dynamic Decor Depot / Collectibles Store
Property Details for 426 Delaware Ave
- Year built
- 1900
- Lot size
- 0.17 lot acres
- Property size
- 1,600 SF
- Property type
- Individual retail properties
- APN
- 42A-48-E7
- APU
- 42A48E7
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $325,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $330,000
- Mixed-Use
- $290,000
- Hospitality
- $260,000
- Educational
- $275,000
- Residential Income
- $330,000
- Energy
- $295,000
- Income-Based Land
- $325,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Palmerton
- County
- Carbon
- State
- Pennsylvania
- Longitude
- -75.6066
- Latitude
- 40.8027
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA