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639 Hamlin Hwy
Lake Ariel, PA 18436
Former Rite Aid - For Sale · Retail Property For Sale
Investment Highlights
- Repositioning or Redevelopment Opportunity – Modern, former Rite Aid building available for lease or sale
- Transferrable Roof Warranty - Firestone Red Shield roof warranty in place through 10/19/2029
- Affluent Surrounding Community – Average household income within a 3-mile radius exceeds $79,697, supporting strong retail demand
- 14,673 SF Modern Construction – Built in 2009 and situated on 1.48 acres, providing ample parking and efficient site layout
- Prominent Hard-Corner Signalized Location – Signalized intersection along Hamlin Highway with visibility to over 10,500 vehicles per day
- Strategic Location & Accessibility – Lake Ariel, located in Wayne County, PA, is just 30 minutes from Scranton and two hours from New York Cit
Executive Summary
Repositioning or Redevelopment Opportunity – Modern, former Rite Aid building available for lease or sale, offering flexibility for an incoming investor or user
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,673 SF
Building Class
C
Year Built
1951
Price
$3,224,653 CAD
Price Per SF
$219.77 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.64 AC
Property Taxes
| Parcel Number | 038120 | Improvements Assessment | $2,434,861 CAD |
| Land Assessment | $425,229 CAD | Total Assessment | $2,860,090 CAD |
Property Taxes
Parcel Number
038120
Land Assessment
$425,229 CAD
Improvements Assessment
$2,434,861 CAD
Total Assessment
$2,860,090 CAD
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