401-403 Delaware Ave, Portland

401-403 Delaware Avenue
Portland, PA 18351

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Summary

11,587 SF+/- 3-story building on 0.51+/- acre corner lot located in the rural downtown Portland Borough which is located in the extreme northern reaches of the Lehigh Valley. Property consists of three tax parcels and was previously used as a bank and has a drive-thru window between bank and US Post Office. 5,343 SF is useable space on the first level with existing tenant, USPS, occupying 1,976 SF until 2024. A paved parking lot is located in the rear of the property. The upper 2 levels are not being used and in need of repair.

Property Details

Overview

Land (Acres)	0.51
Site Topography	Level
Zoning	B (Business)
Primary Use	Retail
Secondary Use	Retail
Construction Status	Completed

Comments

 11,587 SF+/- Building
 0.51+/- Acres
 PINs: C11NE2B69-0127;
 C11NE2B68-0217; C11NE2B69A-0127
 Built in 1900
 Wood Construction
 Masonry/Brick Exterior
 Flat Rubber Roof
 9 ft. Ceiling Heights
 Carpet/Tile Floor Covering
 AADT: 3,571 on 611-N (PennDOT 2019)
 AADT: 5,095 on 611-S (PennDOT 2017)
 Flood Zone “AE” (Special Flood Insurance Required)
 271 ft. Frontage
 2021 Taxes - $14,079

Dimensions

Building (SF)	11,587

Space Details

Availability

Min SF	11,587
Max SF	11,587

Utilities

Comments	 Public Utilities  Electric Forced Hot Air Heat  Central A/C  250 amp Electric

Parking

# of Existing Vehicular Spaces	14
# of Additional Vehicular Spaces	Private paved lot in rear of building

Terms

Transaction Type	Sale
Rental Rate Type	None

Sale Price	$399,000.00

Location & Access

Description

General

County

Northampton

Market

PA-Lehigh Valley

Submarket

Allentown

Contact

Michael B. Bradley

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