1020 Lincoln Ave | Prospect Park, PA 19076
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1020 Lincoln Ave
Prospect Park, PA 19076
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 9.5% CAP rate - Great investment with a brand new 10 year NNN lease commencing at settlement as a sale leaseback
- Turnkey bakery allows for hands off/absentee ownership
- Great location - just minutes from the Philadelphia Airport
- Long-time family owned bakery with 50+ years
- 136,311 people within 3 mile radius
- Business also for sale grossing $15,500 per week
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,642 SF
Building Class
C
Year Built/Renovated
1950/2022
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.21 AC
Zoning
C-1 - C-1 Commercial District
Parking
15 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
81’ on Lincoln Ave
AMENITIES
- Pylon Sign
- Restaurant
- Security System
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 33-00-00920-00 | Improvements Assessment | $539,670 |
| Land Assessment | $260,330 | Total Assessment | $800,000 |
PROPERTY TAXES
Parcel Number
33-00-00920-00
Land Assessment
$260,330
Improvements Assessment
$539,670
Total Assessment
$800,000
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