This commercial property, featuring a bakery on the first floor and a leased residential unit on the second floor, offers a 10% capitalization rate. The first-floor bakery tenant has a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. The sale of the property excludes equipment, catering mainly to buyers interested in maintaining the bakery business. With reliable tenants and strong cash flow, this property represents a proud ownership opportunity. This listing is also listed as an investment property #735068, please go check out cash flow details.
735401
Other
Lehigh
1900
0.061
Acres
Public Water
Brick
Public Sewer
3,712
Sq. Ft.
2 Total
School Information
Allentown
Interior Features
- Cooling
- Central Air, Window Unit(s)
Exterior / Lot Features
- Exterior
- Brick
- Zoning
- R-H-HIGH DENSITY RESIDENTIAL
Financial Considerations
$5,979
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