Vacant Rite Aid & Lehigh Valley Health

Highlights:

• Prime Redevelopment or Re-Tenanting Opportunity: This ±22,400 SF former Rite Aid and Lehigh Valley Health building offers investors a substantial value-add opportunity. The vacant two-tenant configuration provides flexibility for repositioning, redevelopment, or attracting multiple new tenants in a well-established commercial corridor.
• Strategic Downtown Location with Strong Visibility: Positioned on ±1.83 acres along Lehighton’s primary commercial corridor, the property benefits from strong vehicular and pedestrian traffic.
• Existing Income with Exceptional Regional Accessibility: An active Wells Fargo ATM provides current rental income, while proximity to US-209 and the PA Turnpike offers convenient access to major regional markets.

Description:

Equity CRE is pleased to offer the opportunity to purchase a ±22,400 SF vacant 2-tenant building on N. 1st St in Lehighton, PA. This former Rite Aid & Lehigh Valley Health building sits on ±1.83 AC in one of downtown Lehighton’s primary commercial corridors, offering prime visibility to both vehicular and pedestrian traffic in both directions on 1st St. While the building is vacant, there is an active Wells Fargo ATM in the parking lot that provides active rental income.

The property is located just off the intersection of N. 1st St, US-209, and PA-443/PA-248, providing convenient regional access. Additionally, it sits approximately 3 miles from Exit 74 of the PA Turnpike's Northeast Extension (I-476) and is roughly a 40-minute drive from Lehigh Valley International Airport in Allentown. This central position places the property within comfortable reach of both the Lehigh Valley and the Greater Scranton/Wilkes-Barre markets.

This property is being offered in “as-is” condition, and the seller is not obligated to provide property improvements or alterations.

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