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331-335 Grape St 7,714 SF 100% Leased Retail Building Whitehall, PA 18052 $850,000 ($110.19/SF) 7.60% Cap Rate
Investment Highlights
- Full Service Grocery
- Full operational Take-Out Kitchen
- Tobacco, PA lottery and PA Skill Machine Licences
Executive Summary
A1 Bazaar presents a rare opportunity to acquire a 7700+ square foot, fully operational grocery store offering the sale of the business, inventory, and real estate as one complete package. The owner intends for the store to continue operating, making this an ideal turnkey investment for an owner-operator or investor seeking immediate cash flow. This high-visibility C1-zoned property is strategically located just 2 minutes from Route 22 and the Lehigh Valley Mall, ensuring strong traffic exposure and convenient access. The store is fully stocked and features a takeout kitchen, ideal for expanding prepared food or specialty offerings, along with two walk-in freezers/refrigerators providing substantial cold storage capacity. The building offers three potential office spaces suitable for business use or additional rental income, as well as a separate rentable space previously operated as a salon, creating further revenue opportunities. Garage access allows for efficient loading and unloading, and the property includes 15+ on-site parking spaces, accommodating both customers and staff. This sale includes a tobacco license, PA Lottery license, and PA skill machine gaming license, all of which are transferable, adding to the store’s established income streams. With multiple revenue components already in place and room for operational growth, this property offers immediate income with long-term upside.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$14,400
|
$1.87
|
| Other Income |
$424,172
|
$54.99
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$438,572
|
$56.85
|
| Taxes |
$12,305
|
$1.60
|
| Operating Expenses |
$360,320
|
$46.71
|
| Total Expenses |
$372,625
|
$48.31
|
| Net Operating Income |
$65,947
|
$8.55
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $14,400 |
| Annual Per SF | $1.87 |
| Other Income | |
|---|---|
| Annual | $424,172 |
| Annual Per SF | $54.99 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $438,572 |
| Annual Per SF | $56.85 |
| Taxes | |
|---|---|
| Annual | $12,305 |
| Annual Per SF | $1.60 |
| Operating Expenses | |
|---|---|
| Annual | $360,320 |
| Annual Per SF | $46.71 |
| Total Expenses | |
|---|---|
| Annual | $372,625 |
| Annual Per SF | $48.31 |
| Net Operating Income | |
|---|---|
| Annual | $65,947 |
| Annual Per SF | $8.55 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,714 SF
Building Class
C
Year Built
1945
Price
$850,000
Price Per SF
$110.19
Cap Rate
7.60%
NOI
$64,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.79
Lot Size
0.22 AC
Zoning
C-1 - zoning allows retail, office, service, daycare, school, church, light repair, residential, and food uses—ideal for owner-users or investors.
Parking
9 Spaces (1.16 Spaces per 1,000 SF Leased)
Frontage
84’ on Grape St
Amenities
- 24 Hour Access
- Controlled Access
- Corner Lot
- Property Manager on Site
- Signage
- Kiosk/Cart Space
- Wheelchair Accessible
- Storage Space
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- A1 Fresh Kitchen
- Accommodation and Food Services
- 440 SF
- $32.72
- Mar 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| A1 Fresh Kitchen | Accommodation and Food Services | 440 SF | $32.72 | Mar 2036 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 640802782624-1 | Total Assessment | $405,900 |
| Land Assessment | $110,100 | Annual Taxes | $12,305 ($1.60/SF) |
| Improvements Assessment | $295,800 | Tax Year | 2025 |
Property Taxes
Parcel Number
640802782624-1
Land Assessment
$110,100
Improvements Assessment
$295,800
Total Assessment
$405,900
Annual Taxes
$12,305 ($1.60/SF)
Tax Year
2025
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331-335 Grape St
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