310 Larry Holmes Drive

    Easton, PA 18042
    • $3,500,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 626340
    UPDATED: 49 min ago
    $3,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,721
      SQFT
    • $401
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Welcome to the 310 Larry Holmes Drive shopping center located at the gateway to historic downtown City of Easton! The property sits on 1.84 acres with approximately 45 parking spaces located at the gateway into the City of Easton at the intersection of Larry Holmes Drive and South 4th St. All leases are NNN Triple Net and there are six tenants include Wawa (since April 13, 2006), Domino's (since, February 5, 2003), Great Wall Chinese Restaurant (since May 2, 2001), Smoke Shop (since July 28, 2011), Condoms Galore (since August 1, 2004) and a small parking space lease with the adjoining Mcdonalds. Property currently grosses 256k+ per year which includes triple net expense reimbursements from the tenants. Rental escalations are in all leases. Very low maintenance, high visibility retail center poised for continued growth at the gateway of the Lehigh Valley. Click on the video for footage of the property and contact the listing agent for more detailed information today!

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    © 2019 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2019-11-17T13:12:58.72.
    www.seeinsidethehouse.com/homes/100003603

    310 Larry Holmes Drive Easton, PA 18042

    • Price: $3,500,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 626340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,721
    SQFT
    $401
    $/SQFT
    1975
    Built
    Neighborhood:
    Not In Development
    County:
    Northampton
    Area:
    Easton
    School District:
    Easton
    Property Description
    Welcome to the 310 Larry Holmes Drive shopping center located at the gateway to historic downtown City of Easton! The property sits on 1.84 acres with approximately 45 parking spaces located at the gateway into the City of Easton at the intersection of Larry Holmes Drive and South 4th St. All leases are NNN Triple Net and there are six tenants include Wawa (since April 13, 2006), Domino's (since, February 5, 2003), Great Wall Chinese Restaurant (since May 2, 2001), Smoke Shop (since July 28, 2011), Condoms Galore (since August 1, 2004) and a small parking space lease with the adjoining Mcdonalds. Property currently grosses 256k+ per year which includes triple net expense reimbursements from the tenants. Rental escalations are in all leases. Very low maintenance, high visibility retail center poised for continued growth at the gateway of the Lehigh Valley. Click on the video for footage of the property and contact the listing agent for more detailed information today!
    Exterior Features

    Construction Brick Parking Paved Lot Parking Spaces 45

    Interior Features

    Cooling Central Ac Heat Type Forced Air

    Property Features

    Electric 0 Gas 0 Gross Income 256283 Heat 0 Net Income 205879 Operating Expense 50403 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category CommercialComplex Sewer Public Special Conditions Not Applicable Total Taxes 26801.26 Water Public Water Sewer 0 Zoning Code R-Dd-Riverside-Drive Development

    Listing provided courtesy of Emerald Realty Group.


    © 2019 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2019-11-17T13:12:58.72.
     
    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809