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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
Property Facts
1 Lot Available
Lot
Price | $1,532,976 CAD | Lot Size | 3.02 AC |
Price Per AC | $507,608 CAD |
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
Parcel Number | 547388858061-1 | Improvements Assessment | $0 CAD |
Land Assessment | $466,316 CAD | Total Assessment | $466,316 CAD |
PROPERTY TAXES
zoning
Zoning Code | TC (TC - Town Center) |
TC (TC - Town Center) |
Presented by
102 Lehigh Street - Lumber Street Development Site
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