Property profile

669 Washington St Easton, PA 18042

FOR SALE
Parking lots & garages
Property ID
US73-4100162
1.7 ac lot
Entity Owned Free & Clear
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669 Washington St, Easton, PA 18042 For Sale
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669 Washington St, Easton, PA 18042
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Property summary

AI-generated overview

This established electrical contracting business in Easton, Pennsylvania, is offered for sale at $139,000. Operating for several decades in the Lehigh Valley, this reputable business boasts a strong customer base with approximately 75% of annual work stemming from repeat clients. The sale includes the business name, a comprehensive customer database, existing contracts, and one fully equipped vehicle. The current owner will provide training and support to ensure a smooth transition for the new owner(s). This presents a unique opportunity for an individual or team to acquire a turnkey operation within a high-demand industry experiencing a contractor shortage. The business's proven track record of quality and customer service provides a solid foundation for continued growth and profitability. Expansion potential exists by adding resources, such as a second service vehicle, to take on additional contracts and increase revenue. Located at 669 Washington St, Easton, PA 18042, this storefront presents a ready-made business opportunity with significant upside. The business is ideally suited for an energetic individual or a team seeking to own and operate a successful enterprise.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 1.7 ac (74,183 SF)
Zoning code CHDD
APN L9SE2D 20 2 PKB 0310C
UPID US73-4100162

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
  • County Government Office
  • Social Service Agency Charitable Organization
  • County Government Office
  • County Court
  • County Government Office

Location

669 Washington St Easton, PA 18042
Easton metro Census 14300 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

CHDD · Easton, PA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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