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601-605 East Main Street
Kutztown, PA 19530
Asking Price
$1.60M
Asset Type
Retail
Class
Class B
What's Special
Retail | 2,730 SqFt <ul><li>2,730 SF free-standing building -- with drive-through -- on 1.37 acres</li><li>Ideal retail location on Main St off Rt 222 Kutztown exit</li><li>601 E Main (0.83 AC with 2,730 SF building) Zoned C-3: Highway Commercial (Kutztown Borough)</li><li>605 E Main (0.54 AC empty lot) Zoned C-1: Commercial (Maxatawny Twp)</li><li>High visibility (7,136 VPD) at a lighted corner</li></ul>
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124