REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Michael Gallagher

michaelgallagherrealestate@gmail.com +1(484) 889-2059

Listed by Gail A Christman • Gene Durigan Real Estate - Lehighton

$ 1,490,000

Est. payment -/mo

Save

Price Dropped by $60K

580 COAL ST Lehighton, PA 18235

1.16 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PACC2008174

Year Built 1945

Annual Tax Amount $11,417

Tax Year 2026

Lot Size 1.160 Acres

Acres 1.16

Lot Dimensions 264 x 189.9

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Incredible investment to acquire a premier commercial property located in one of the community's finest, most prestigious buildings. Commandingly situated on a highly visible corner lot, this property offers exceptional accessibility with an abundance of both off-street and dedicated on-street parking. Spanning a total of 11,700 square feet of fully leased space, the property features a stable, diversified income stream from two established tenants occupying 7,900 square feet and 3,800 square feet respectively. Interestingly this tenant utilizing 7,900 sq ft space has been a tenant for 22 years. Generating a robust gross rental income of $141,600 per year, this low-maintenance asset represents a turn key addition to any portfolio. Operating expenses include taxes, insurance, maintenance, and utility costs are only $18,784, providing immediate cash flow of $122,816.00 per year. Unmatched location, superior asset quality, and immediate cash flow make this a rare find. Schedule your private tour today.

Location

State PA

County Carbon

Area Lehighton Boro (13412)

Zoning COMMERCIAL

Interior

Hot Water Propane, Natural Gas

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 30.0

Water Access N

Street Surface Black Top

Accessibility Doors - Swing In, Level Entry - Main

Road Frontage Boro/Township

Total Parking Spaces 30

Garage N

Building

Lot Description Corner, Cleared, Not In Development

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Lehighton Area

Others

Tax ID 70A10-30-H1

Ownership Fee Simple

Security Features Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Michael Gallagher

Team Leader | Realtor License ID: RS351204

+1(484) 889-2059

Michael Gallagher

580 COAL ST Lehighton, PA 18235

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

580 COAL ST