3665 Macarthur Road,Whitehall Twp, PA 18052
Whitehall Twp, PA 18052
Description
COMMERCIAL CONDO opportunity FOR DEVELOPMENT. 3. 2+ acres sites for development. Stand-alone building On 7.48 acres. 13,000 SQ Ft. with 180 Parking spots. Single floor plan with public water and sewer. Outstanding location with access to all major highways and shopping centers. Ideal for restaurants, conference centers, retail and medical facilities. Choice Hotels International approved site. Seller will consider an offer AND a partner..$ 48,000,000.00 pre construction sale for Cap Rate 6% Value . After construction is $53,284,688 immediate equity is $5,284,688 on the pre-sale. Sale Highlights ***Brand New Hotel construction with banquet facilities, two restaurants, and retail shops on the first floor, operating when completed, 300 parking spaces, rose garden with gazebo. Guaranteed with a 7-year lease with option to buy.
Details
| MLS # | 773575 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 202 |
| Listing Provided By | HowardHanna TheFrederickGroup | Joanne A. Scalleat |
Features
| SQ Feet | 13,170 |
|---|---|
| Acreage | 7.48 |
Taxes
| Tax Annual Amount | 23016.3 |
|---|
Area Information
| State | PA |
|---|---|
| County | Lehigh |
| City | Whitehall Twp |
| Zip Code | 18052 |
| Area | Whitehall |
| Listing VS Median (in 18052) | |
Price: $7,000,000 low | high Med: $374,900 sqft: 13,170 low | high Med: 1,606 $ / sqft: $532 low | high Med: $233 On site: 202 low | high Med: 16 | |
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Learn More About This Property
| State | PA |
|---|---|
| County | Lehigh |
| City | Whitehall Twp |
| Zip Code | 18052 |
| Area | Whitehall |
| Listing VS Median (in 18052) | |
Price: $7,000,000 low | high Med: $374,900 sqft: 13,170 low | high Med: 1,606 $ / sqft: $532 low | high Med: $233 On site: 202 low | high Med: 16 | |