102 East Main $1,950,000

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    102 East Main Macungie Borough, PA 18062

    Under Agreement
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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 693571
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    Views: 4213 Days On Site: 83

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    Property Details

    Description Tours

    The Commercial Division of Berkshire Hathaway Fox & Roach Real Estate is proud to present 102 - 124 East Main Street. This is a 13 unit mixed-use investment property with the opportunity for value-add income & growth potential. 102, 110 and 124 East Main Street are three separately-deeded properties included in this sale & totaling 1.25 acres in the TC - Town Center zoning district of downtown Macungie, PA. The properties contain six 1-bedroom apartments, six 2-bedroom apartments and 2,868 SF commercial space which was the long-time location of the Macungie Pub until it closed in spring of 2022. The property also contains an 8-bay detached garage, a detached barn, and abundant off-street parking. Each of these can be utilized more efficiently to generate additional cash-flow. An R-Liquor License is available for sale separately as is the FF&E in the restaurant.

    • General Features
      • Year Built 1880
      • Total Taxes 13157.28
      • Subdivision Not in Development
      • Property Sub-Type Category Apartment Style,Commercial,Mixed Use
      • Subdivision1 Not in Development
      • County Lehigh
      • Area Macungie
      • Bathrooms 0
    • Building Features
      • Construction Frame
      • Cooling No Air
    • Property Features
      • Sewer Public
      • Parking Unpaved Lot
      • Parking Spaces 30
      • Water Public
    • Schools
      • School District East Penn

    Contact

    Kristine Nettis

    Kristine Nettis

    Agent

    AB068482

    Coldwell Banker Heritage Emrick

    Cell: 610-390-3822

    Neighborhood

    18062 (Macungie Borough) Demographics

    44 Median Age
    1,253 Population Density (per sq. mile)
    53% College Educated
    $85,262 Estimated Median Income
    8,242 Estimated Total Home Owners
    2,184 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    26,788 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $360,000 Median Sales Price
    43 Homes Sold
    49 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,950,000
        8/9/2022 12:12:22 PM Status Changed Source: Multiple Listing Service New Value: Under Agreement
        5/23/2022 4:12:00 PM New in Database Source: Multiple Listing Service New Value: $1,950,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.