Formerly the Holiday Hair World Headquarters, this Class A, 50,000SF Professional Plaza has 75 parking spaces & completed plans to develop 32 residential units & 3 commercial units (See attached docs/images). This property could either be renovated into residential units per the plans or used as is and rented at $13 per SF for a Gross of $650k. This property is 25kSF/floor, sits on 1.5 flat acres & has superior curb appeal with 360 glass windows & over 300' of frontage. Owners keep the property in pristine condition & recently installed a 1.2 Million BTU gas furnace, new 30-year rubber roof, & a FULL SPRINKLER SYSTEM throughout the entire building. The owner's feasibility study focused heavily on on-demand generators within .5 Miles including Muhlenberg College, Cedar Crest College, St Luke's Hospital, Lehigh Valley Hospital, A-town Fairgrounds. DEP Phase I & II approved.
|--||New Value: $3,450,000|
|5/20/2019 12:13:00 PM|