Bangor, PA 18013

$2,400,000

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List Price
$2,400,000
Days on Market
110
Status
ACTIVE
MLS#
PANH2009660
Lot Size (Acres)
1.4
Year Built
1900
County
Northampton
School District
Bangor Area

Property Description

Turn-key mixed-use investment opportunity offered at $2.4M in the greater Lehigh Valley area. Situated on a high-visibility corner lot with strong traffic count. This unique 11,000+ sq ft property on over 1.35 acres is a long-standing destination with multiple streams and significant upside potential. Currently owner operated and fully utilized, the site offers flexibility for investors, owner-users, or hospitality operators seeking scale and repositioning opportunities. Building one: Featuring 5988 sqft built in 2001 includes a well-established diner with seating for approximately 176 guests, a full commercial kitchen with extensive high- end equipment, large ADA compliant restrooms, and upper-level event space. The layout supports immediate operation while offering the ability to optimize efficiencies or increase rental income. Building two: Features 5867 sqft built 1900. Includes an ice cream shop, office space, a three-bedroom apartment, and additional flexible commercial areas that can be subdivided for added income. The property also benefits from multiple garage bays with storage. Equipment includes two nearly new Taylor soft-serve machines, commercial refrigeration, bakery capabilities, and complete dining setup. Also parking for 150+ vehicles and well-maintained FF&E. All buildings feature newer metal roofs, minimizing near- term capital expenses. With multiple revenue streams excellent access to surrounding towns and commuter routes, this is a rare opportunity to acquire a versatile, income producing assets with both immediate functionality and long-term upside. Additional acreage and rental income on adjacent parcels may also be available for sale.

Additional Information

Area
Bangor Boro (12402)
Taxes
$16220
School District
Bangor Area
High School
Bangor Area
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C, Wall Unit
Roof
Metal
Water
Public
Sewer
Public Sewer, On Site Septic

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Howard Hanna The Frederick Group. Contact: (610) 398-0411