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Mixed-Use

St. Luke's Retail Center & 7.9 Acres Multi-Family Development - R3 Zoning

543 Interchange Rd, Kunkletown, PA 18058

Listing Price: Request For Offer

Occupancy
100.0%
Gross SF
409,464

Investment Overview

The Dunkle-Vartanian Group of Marcus and Millichap is proud to present the exclusive opportunity to acquire: 543 Interchange Rd, Kresgeville, PA. 18333 and related parcels. The subject offering consists of a dull track hard corner sitting at the intersection of US RTE 209 – Interstate Rd. and Whitey B Drive. Totaling 9.40 Acres consisting of five (5) adjoining parcels. The property is ideally positioned on the hard corner of the above referenced intersection. Well positioned on the hard corner is a 9,851 SF retail strip center consisting of five (5) net lease tenant with St. Luke’s “Kresgeville Family Practice” as the anchor tenant. (See Rent Roll for more details.) The strip center parcel totals approximately 1.5 acres w/ four (4) adjoining parcels totaling approximately 7.7 acres of premium development land. One (1) of the four (4) adjoining parcels includes a 1,458 square foot residential dwelling consisting of Four (4) Bedrooms and two (2) full bathrooms. The subject parcel could be subdivided off w/ approximately situated on 0.5 acres (R-3 Zoning) – leaving approximately 7.3 acres of R-3 of Polk County’s Village Center District (See zoning information pages for more information) Important Note: Zoning approvals for this future development: • Current ownership is in possession of a junk yard license which is renewed and currently in good standing. However, it has not yet been enacted. • Current zoning allows for a large array of permitted and accessory uses including medium to higher density multi-family townhome and apartment development.

Investment Highlights

  • Available Junk Yard Permit (Valuable for obtaining approval for future development.
  • Anchored by St. Lukes Kresgeville Family Practice medical office.
  • Myriad of redevelopment options with R-3 Zoning.
  • Highly visible five (5) tenant net lease strip center.
  • Dull track hard corner parcels with 10,000+ VPD
  • 9.4 acres of land consisting of five (5) parcels with 7.7 acres developable.

Exclusively Listed By

Financing By

Mixed-Use

St. Luke's Retail Center & 7.9 Acres Multi-Family Development - R3 Zoning

Listing Price: Request For Offer

Occupancy
100.0%
Gross SF
409,464

Investment Highlights

  • Available Junk Yard Permit (Valuable for obtaining approval for future development.
  • Anchored by St. Lukes Kresgeville Family Practice medical office.
  • Myriad of redevelopment options with R-3 Zoning.
  • Highly visible five (5) tenant net lease strip center.
  • Dull track hard corner parcels with 10,000+ VPD
  • 9.4 acres of land consisting of five (5) parcels with 7.7 acres developable.

Investment Overview

The Dunkle-Vartanian Group of Marcus and Millichap is proud to present the exclusive opportunity to acquire: 543 Interchange Rd, Kresgeville, PA. 18333 and related parcels. The subject offering consists of a dull track hard corner sitting at the intersection of US RTE 209 – Interstate Rd. and Whitey B Drive. Totaling 9.40 Acres consisting of five (5) adjoining parcels. The property is ideally positioned on the hard corner of the above referenced intersection. Well positioned on the hard corner is a 9,851 SF retail strip center consisting of five (5) net lease tenant with St. Luke’s “Kresgeville Family Practice” as the anchor tenant. (See Rent Roll for more details.) The strip center parcel totals approximately 1.5 acres w/ four (4) adjoining parcels totaling approximately 7.7 acres of premium development land. One (1) of the four (4) adjoining parcels includes a 1,458 square foot residential dwelling consisting of Four (4) Bedrooms and two (2) full bathrooms. The subject parcel could be subdivided off w/ approximately situated on 0.5 acres (R-3 Zoning) – leaving approximately 7.3 acres of R-3 of Polk County’s Village Center District (See zoning information pages for more information) Important Note: Zoning approvals for this future development: • Current ownership is in possession of a junk yard license which is renewed and currently in good standing. However, it has not yet been enacted. • Current zoning allows for a large array of permitted and accessory uses including medium to higher density multi-family townhome and apartment development.

Exclusively Listed By

Financing By

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