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102 Lehigh Street - Lumber Street Development Site

3.02 Acres of Commercial Land Offered at $1,532,976 CAD in Macungie, PA 18062

Investment Highlights

  • HIGH TRAFFIC MIXED USE DEVELOPMENT PROJECT
  • IN PROXIMITY TO STRONG LOCAL DEMOGRAPHICS & SIGNIFICANT DEVELOPMENT

Executive Summary

The “Lumber Street Development Project” is a valuable opportunity for the purchase of a fully approved mixed-use development project in Macungie,Pennsylvania. The 3.02 acre parcel at 102 Lehigh Street has been approved for 16 residential apartments, a retail building containing up to 7 commercial units, and the parking & outdoor areas suitable to serve these structures. The owners of the property have worked in conjunction with the local municipality, engineers and builders for the past two years on this project which will capitalize on the significant growth which has taken place in the Borough of Macungie & region over the past several years.

Property Facts

Price $1,532,976 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Apartment Units
  • Strip Centre
Total Lot Size 3.02 AC

1 Lot Available

Lot

Price $1,532,976 CAD
Price Per AC $507,608 CAD
Lot Size 3.02 AC

The existing parcel of 1.2 acres is almost entirely level with fe existing trees & absent any challenging features. There are homes along the northern edge of the property and several existing commercial & mixed use building

Description

The “Lumber Street Development Project” is a valuable opportunity for the purchase of a fully approved mixed-use development project in Macungie, Pennsylvania. The 3 acre parcel at 102 Lehigh Street has been approved for 16 residential apartments, a retail building containing up to 7 commercial units, and the parking & outdoor areas suitable to serve these structures. The owners of the property have worked in conjunction with the local municipality, engineers and builders for the past two years to earn plan approval to capitalize on the significant growth which has taken place in the Borough of Macungie & region over the past several years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
547388858061-1
Land Assessment
$466,316 CAD
Improvements Assessment
$0 CAD
Total Assessment
$466,316 CAD

zoning

Zoning Code TC (TC - Town Center)
TC (TC - Town Center)
  • Listing ID: 33282594

  • Date on Market: 2024-09-24

  • Last Updated:

  • Address: 102 Lehigh Street, Macungie, PA 18062

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