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669 Washington Ave 7,424 SF 90% Leased Retail Building Jermyn, PA 18433 $1,186,532 CAD ($159.82 CAD/SF)
INVESTMENT HIGHLIGHTS
- .85 acres at busy corner with regional commutor traffic
- Lots of recent upgrades to kitchen systems
- High occupancy
EXECUTIVE SUMMARY
Unlock the potential of this standout 7,424± SF corner property at the bustling, lighted intersection of Washington Avenue and Rushbrook Street. Strategically located with high visibility and a traffic count of over 6,400 vehicles per day, this C-1 zoned gem sits on a generous 0.85± paved acre. The first floor boasts a fully leased, full-service restaurant with recent kitchen and electrical upgrades, while the second floor features 10 hotel rooms—each with private baths. Add in a separately metered tavern, a fenced outdoor patio with seating for 60±, and multiple utility meters for operational flexibility, and you have a turnkey asset primed for strong returns. Don’t miss this rare investment opportunity in one of the region’s most visible and versatile commercial locations!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,424 SF
Building Class
C
Year Built/Renovated
1890/2020
Price
$1,186,532 CAD
Price Per SF
$159.82 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.85 AC
Zoning
C-1 General Commercial - Permitted uses include convenience stores, restaurants, and a variety of retail food establishments like bakeries, and gas stations
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0731204005500 | Improvements Assessment | $13,327 CAD |
| Land Assessment | $12,625 CAD | Total Assessment | $25,952 CAD |
PROPERTY TAXES
Parcel Number
0731204005500
Land Assessment
$12,625 CAD
Improvements Assessment
$13,327 CAD
Total Assessment
$25,952 CAD
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669 Washington Ave
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