Property profile

67 Park Ave Wind Gap, PA 18091

FOR SALE
Retail space
Property ID
US73-2672884
1,938 SF 0.15 ac lot Built 1960
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

Commercial mixed-use building located on Route 512 in Wind Gap, Pennsylvania (Wind Gap Boro). The property includes approximately 1,900 square feet of restaurant and/or storefront space on the main level, with a customer display area featuring coolers, display cases, and a checkout counter, plus an equipped kitchen with a hood vent and walk-in refrigerator and freezer. An upstairs residential unit provides approximately 750 square feet of one-bedroom apartment space. Off-street parking is available for approximately 20 vehicles. The building sits on a 0.155-acre lot and is laid out to support retail/food service operations and includes the potential for rental income from the residential unit.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 1,938 SF
Lot 0.15 ac (6,745 SF)
Zoning code C
APN E8SW4B 3 5 0638
UPID US73-2672884

Cap rate & NOI

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

Location

67 Park Ave Wind Gap, PA 18091
Wind Gap metro Census 15700 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2021
Last sale
$220,000
2 recorded transactions
2021
$220,000
2008
$125,000

Zoning & alternative use

C · Wind Gap, PA
Zoning description

This District provides for the protection and expansion of the Borough primary commercial area, provides for a wide range of needed commercial uses in locations that are less likely to involve conflicts with existing res…

General category COMMERCIAL

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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More about this property
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