Alma Telushi - Coldwell Banker Hearthside
457 W Lincoln St
Easton, PA 18042

Description

82,000 SF five story industrial building approved for conversion to 72 residential units. Building sits on 1.3 AC of zoned MD-Res and Industrial use land. Property has undergone Phase I & II Inspections as well as Lead and Asbestos Remediation. Currently there is an active demo permit and demolition is underway. Property will be sold with all approvals, permits, and full construction docs. The new owner will literally be able to take over and continue with construction. A construction firm is in place and ready to get started or new owner can use their own firm. Current bid is 7.1M and post renovation value exceeds 13 million! Clearly a project worth considering. Seller will consider Joint Venture options.

Details

MLS#596941
Sub-TypeResale
StatusActive
Year1921
Days On Site21

Features

SQ Feet82,000
Units72

Additional Information

County Taxes3785.44
Municiple Taxes8003.96
School Taxes20576.11
Total Taxes32365.51

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Area Information

StatePA
CountyNorthampton
CityEaston
Zip Code18042
AreaSouth Easton
Listing VS Median (in 18042)
Price:
$2,950,000
low | high
Med:
$117,000
100% of Average
SqFt:
82,000
low | high
Med:
1,480
100% of Average
$ / SqFt:
$36
low | high
Med:
$79
69.743472285845% of Average
On Site:
21
low | high
Med:
61
34.426229508197% of Average
Listing Updated: 12/18/2018
MLS Number: 596941
Listing Provided By:
Jennifer L. DeJesus  of  Steel City Realty