Address
580 Coal Street, Lehighton, PA
Price
$ 1,550,000
Property Attributes
  • MLS#PM144765
  • TypeCommercial
  • Listing Status Active
  • CountyCarbon
  • CityLehighton
  • AreaLehighton Borough
  • NeighborhoodNone
  • Zip18235
  • StyleBusiness
  • Year Built1945
  • Taxes$ 11417
  • Price$ 1,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11700
  • Lot Size1.15 Acres
Data Source:
Pocono Mountains MLS (PMMLS)
Property Description

Incredible investment to acquire a premier commercial property located in one of the community's finest, most prestigious buildings. Commandingly situated on a highly visible corner lot, this property offers exceptional accessibility with an abundance of both off-street and dedicated on-street parking. Spanning a total of 11,700 square feet of fully leased space, the property features a stable, diversified income stream from two established tenants occupying 7,900 square feet and 3,800 square feet respectively. Interestingly this tenant utilizing 7,900 sq ft space has been a tenant for 22 years. Generating a robust gross rental income of $141,600 per year, this low-maintenance asset represents a turn key addition to any portfolio. Operating expenses include taxes, insurance, maintenance, and utility costs are only $18,784, providing immediate cash flow of $122,816.00 per year. Unmatched location, superior asset quality, and immediate cash flow make this a rare find. Schedule your private tour today.

Price History
9/16/2026 Listed $1,550,000

General Features

Sewer Public Sewer
Possession Negotiable
Property Subtype Business
Current Use Commercial
County Carbon
Property Type Commercial Sale
Subdivision Name None
Status Active
City Lehighton
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 50137.56
Tax Annual Amount 11417.65
Standard Status Active
Heating Natural Gas
Construction Materials Block,Concrete
Year Built 1945
Stories Count 1
Garage Y/N false
Carport Y/N false
Sewer_co_Public_sp_Sewer true
Cooling Central Air
Security Features Smoke Detector(s)
Electric 200+ Amp Service,Circuit Breakers
Utilities Cable Available,Natural Gas Connected
Utilities_co_Cable_sp_Available true
Tax Year 2026
Open Parking Spaces 30
Accessibility Accessible Approach with Ramp
Structure Type Mixed Use
Year Built Effective 1945
Entry Location front door

Interior Features

Heating Y/N true
Above Grade Finished Area 11700
Air Conditioning Y/N true
Entry Level 1

Exterior Features

Lot Features Corner Lot,Cleared
Water Source Public
Lot Size Area 1.15
Lot Size Acres 1.15
Road Surface Type Paved
Road Responsibility Public Maintained Road
Road Frontage Type City Street
Building Area Total 11700
Foundation Details Slab
Exterior Amenities Lighting,Entry Flat or Ramped Access

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 18235

Price
AVG $680K
$1.55M
Taxes
AVG $7,249
$11,417
Year Built
AVG 1950
1945