22 South 2nd, Emmaus, PA 18049

$1,800,000
18,546
SqFt
List Price
$1,800,000
MLS#
728127
Status
AVAILABLE
Type
Multifamily
Total Units
6
City
Emmaus
Area
Emmaus
County
Lehigh
Living Area
18,546
Lot Size
12,502
Year Built
1885

Property Description

This property is an ideal opportunity for an investor or owner-occupant. This exceptional office building is located in the heart of Emmaus, PA just a few minutes from I-78. The property is currently 100% leased, with $134,768 in net operating income (7.49% cap rate). The building has an exceptionally stylish interior design, plenty of public and private parking, elevator access, recently upgraded private restrooms, and three floors of flex space. The first floor features a beautifully designed lobby area, 4000 square feet of office space including numerous private offices, open space for cubicles, an elegant conference room, private meeting room, and a very large break room that leads to a gorgeous outside patio. The second floor offers over 5,000 square feet of space, including numerous private offices, several conference rooms, and open space for cubicles. Third floor is a stunning 4,000+ square feet with wood beam ceilings, a reception area, numerous private offices, conference rooms, and open space for cubicles. The building is well maintained and in excellent condition and offers ease of access with an elevator that serves all three floors plus the basement. Four Parcels are included in the sale - 22 S 2nd St, 28 S 2nd St and Rear, 176 Main St Rear.

Additional Information

Acres
0.29
Construction
Brick
Cooling
Central AC
Living Area
18,546
Lot Dimensions
103x132
Lot Size
12,502
Net Income
134768
Operating Expense
96184
Other Expenses
13128
Parking
Paved Lot
Parking Spaces
31
Region
Emmaus
School District
East Penn
Sewer
Public
Stories
3
Subdivision
Not In Development
Total Units
6
Water Sewer
811
Zoning
BC

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Real Estate. Contact:

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