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Echo Carpet Outlet 5818 S Us-220 Hwy 5,390 SF Retail Building Linden, PA 17744 $895,000 ($166.05/SF) 7.49% Cap Rate
INVESTMENT HIGHLIGHTS
- Perfectly positioned on a high traffic highway
- Small commercial kitchen including all equipment for a small coffee or sandwich shop
- Tack shop store
- Parking for 12 spaces, land and in back for possible more parking
- Antique mall with 40 rented vendor spaces
EXECUTIVE SUMMARY
Great business opportunity with immediate monthly income! Large 40'x80' two story warehouse, built in 2004 used as an antique mall with 40 rented vendor spaces. In addition 2 rented apartments, small commercial kitchen including all equipment for a small coffee or sandwich shop and a tack shop store. Perfectly positioned on a high traffic highway! Parking for 12 spaces land and in back for possible more parking. Being Sold 'AS- IS' . Seller will include years of antique collectables, jewelry, glass cabinets full of merchandise, full library and all her personal inventory to buyer for an agreeable offer.
Exp - Advertising: 200; Exp - Insurance: 900; Exp - Internet: 600; Exp -License/Permits: 50; Exp - Maint&Repair: 800; Exp - Payroll/Wages: 3,600; Exp -Supplies:Office: 450; Exp - Taxes: 3,838; Exp - Telephone: 950; Exp - Utilities: 7,370; Exp - Water/Sewer: 1,320; Total Operating Exp; Gross Sales/Rent: 67,080
Exp - Advertising: 200; Exp - Insurance: 900; Exp - Internet: 600; Exp -License/Permits: 50; Exp - Maint&Repair: 800; Exp - Payroll/Wages: 3,600; Exp -Supplies:Office: 450; Exp - Taxes: 3,838; Exp - Telephone: 950; Exp - Utilities: 7,370; Exp - Water/Sewer: 1,320; Total Operating Exp; Gross Sales/Rent: 67,080
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,390 SF
Building Class
C
Year Built
2004
Price
$895,000
Price Per SF
$166.05
Cap Rate
7.49%
NOI
$67,036
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.30 AC
Zoning
RES P - Residential Planned Development
Parking
10 Spaces (1.86 Spaces per 1,000 SF Leased)
Frontage
202’ on Us-220 Hwy
AMENITIES
- Pylon Sign
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 60-004.0-0112.00-000 | Improvements Assessment | $106,950 |
| Land Assessment | $17,250 | Total Assessment | $124,200 |
PROPERTY TAXES
Parcel Number
60-004.0-0112.00-000
Land Assessment
$17,250
Improvements Assessment
$106,950
Total Assessment
$124,200
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Echo Carpet Outlet | 5818 S Us-220 Hwy
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