Carol Richardson - Coldwell Banker Hearthside
312 Chestnut St
MERTZTOWN, PA 19539

Description

Very Unique property. 3 unit apartment building with a 4 bay mechanics garage, a former auto parts store, tag service and a State of PA salvage license allowing for the sale of cars and auto parts on over 1.5 acres. Property would be perfect for a mechanical entrepreneur who would like to live and work on property while also having rental income! Units are spacious with separate utilities. There is also an entire 3rd floor that could easily be finished into 1 or possibly 2 more apartment units. Current rentals are undervalued do to friends and family as tenants currently. Property could use some upgrades cosmetically but has a huge income and business potential with a very liberal commercial/light industrial zoning. Garage has 4 bays, 2 hydraulic lifts, 18 foot doors to allow work for heavy trucks, additional 500 sq ft space for motor work, emission, inspection license and an office for customers. Property could have 20 cars for sale on front and side of the property. The rear of the property could easily hold 75 additional cars either for back lot or scrap cars for used auto parts. A PA salvage license is very difficult to obtain today and holds tremendous value for the right user. It allows salvage tags similar to car dealer tags and the sale of used cars on property. With a little vision and imagination this could be a lucrative lifelong investment as it was for the current owners. Buyer is encouraged to verify any potential uses with township and state. Sale includes two parcels, 59-5473-16-84-7505 and 59-5473-16-84-6685. One is for apartment building and 2nd is the garage. Taxes for both parcels at $9751 per year. Amazing potential with this property! Schedule your showing today!

Details

MLS#1000308942
StyleIndustrial
Sub-TypeResale
StatusActive
Year1894
Days On Site259

Features

Story(s)0
ZoningCOM

Market Activity 19539

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Area Information

StatePA
CityMERTZTOWN
Zip Code19539
AreaLongswamp Twp (10259)
Listing VS Median (in 19539)
Price:
$274,888
low | high
Med:
$249,900
59.090247664503% of Average
On Site:
259
low | high
Med:
174
100% of Average
Listing Updated: 12/09/2018
MLS Number: 1000308942
Listing Provided By:
Helen M Sage  of  Springer Realty Group

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