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:  

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Data last updated 5/1/2024

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