Description
Prime Corner property along Route 222, just west of the by pass entering Maxatawny. The property is suitable for multiple uses and the area and local business s are going through a revival. This corner and land value make this future development opportunity, with profitable income potential. The tenants are long term in the main building that was a former hotel and both rents are soft and should be adjusted with new owner. The price was recently reduced and awaits your imagination. The property location is ideal on route 222 Reading - Lehigh Valley corridor with high traffic daily passing by your front door. The is an additional parcel with garage and two bedroom apartment yields additional income. Property needs TLC but location will have greater value in the future, in the mean time this brick building can be a good investment. The are some additional cabins that service the former hotel, that should be removed and make the property more presentable.
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0BEDS
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1.02ACRES
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0BATHS
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01/2 BATHS
Description
Prime Corner property along Route 222, just west of the by pass entering Maxatawny. The property is suitable for multiple uses and the area and local business s are going through a revival. This corner and land value make this future development opportunity, with profitable income potential. The tenants are long term in the main building that was a former hotel and both rents are soft and should be adjusted with new owner. The price was recently reduced and awaits your imagination. The property location is ideal on route 222 Reading - Lehigh Valley corridor with high traffic daily passing by your front door. The is an additional parcel with garage and two bedroom apartment yields additional income. Property needs TLC but location will have greater value in the future, in the mean time this brick building can be a good investment. The are some additional cabins that service the former hotel, that should be removed and make the property more presentable.
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