Sold
1710 Butler Street
Wilson Borough PA, 18042
$800,000
$23.17 per sqft
Sold
34,520 sqft
Commercial
Built in 1900
Small Strip shopping center located at the corner of Butler and Palmer St consisting of 1.16 acres. Current tenants include Dollar Store, Insurance Office, Check Clearing, Garages, Restaurant, and Billboard. Ample off street parking.
Dollar General: 8184/sqft current rent $4,750/mo through 2026 with options to renew
Restaurant/George's: $1100/mo
Insurance Office: $1000/mo
United Clearing: $1000/mo
Garage Rental: $500/mo
Adam's Outdoor Billboard: $4,000/YEAR
Former Magistrate's Office: Vacant, estimated rent $2,500/mo
Annual Taxes: $42,690.96
-Dollar General is responsible for 23.8% of the taxes (based off their used square footage compared to total square footage of the building). They pay $10,172.89 of the total tax bill (which brings the effective tax bill to $32,518.07 for the owner)
Owner's annual insurance is $11,160.00 (based off a $1.34 million policy)
Expenses- Tenants are responsible for water and sewer. Only utilities currently paid by owner are the two vacant units ($82/unit for electric)
Lower level space formerly Two Rivers Music Store, approx 10,000 sq ft finished (12,000 sq ft total) for rent at $2,500/mo +utilities. Entrance on Palmer St.
Adjacent property with different owner is also currently available for sale which could add an additional 1.2 acres of commercial space for a total of 2.48 acres.
725149
MLSⓇ ID
May 1, 2024
Updated
Map
1710 Butler Street
Wilson Borough PA, 18042
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1.16 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
School Information
School District
Wilson
Other Property Details
Area Name
Wilson
Taxes
$43,977
Tax Frequency
Annually
Garage
No
Parking Total
40
View
No
County
Northampton
Water Source
Public
Pool
No
Zoning
C-2-GENERAL COMMERCIAL
Listing History
Date | Event | Price |
---|---|---|
4/30/2024 | Sold | $800,000 |
Courtesy of BHHS Paul Ford Easton with Clay R. Mitman, Clay Mitman II
Listing Contact:
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS®, Inc. Real Estate listings held by brokerage firms other than Jennifer de Jesus are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Lehigh Valley Association of REALTORS®, Inc. All rights reserved.
Data last updated 5/1/2024