101 E Colliery Avenue

Description

Incredible opportunity to own this unique mixed-use property offering over 12,200 sq ft of commercial/industrial space plus two tenant-occupied residential units. Perfect for an owner-user seeking a shop, warehouse, or headquarters while generating rental income, or for an investor looking to maximize returns with multiple income streams. Property is already producing steady income from two residential units, with the entire commercial portion vacant and ready for customization. Only minutes to Route 81 and Route 78, providing excellent access for logistics, trades, deliveries, and regional business operations.Zoned Industrial, this property supports a wide range of uses including warehouse, storage, automotive, light manufacturing, trades, distribution, retail showroom, flex space, or multi-tenant configuration.The commercial section is divided into four versatile spaces, allowing enormous flexibility:Section 1: 3,150 sq ft (New Construction Shell)    •    Two-story open-span space    •    Brand-new framing and structural beams    •    Impressive window frontage and natural light    •    Ready to finish for showroom, office, warehouse, retail, or studio useSection 2: 2,513 sq ft (Garage / Shop Space)    •    Multiple oversized garage doors    •    Bright, clean concrete floors    •    Ideal for auto, equipment, contractor storage, mechanic bays, fabrication, or fulfillmentSection 3: 2,944 sq ft (Two Levels)    •    Finished ceilings and lighting    •    Flexible layout for retail, workshop, office suites, or storage    •    Excellent opportunity to create subdivided commercial unitsSection 4: 3,594 sq ft (Value-Add Space)    •    Two floors in need of renovation    •    Can be repurposed for storage, warehouse expansion, or redevelopment    •    Tremendous upside for investorsMajor Improvements    •    New metal roof    •    New sewer connection    •    New water main    •    New PPL electric service    •    New framing and structural reinforcementThese upgrades significantly reduce future capital expenses and provide a strong foundation for build-outs.Residential Income (Already Rented)    •    141 Colliery Ave – $1,000/mo, tenant pays electric    •    143 Colliery Ave – $1,200/mo, tenant pays electricTwo spacious 1,382 sq ft units generating consistent rental income.Financial Upside    •    Market commercial/industrial rents projected at $10 per sq ft annually    •    Annual taxes: $4,823    •    Total commercial potential: $122,010/yr    •    Extremely strong 18.19% cap rate at list price    •    Perfect for investors seeking cash flow, or an owner-user looking to offset business overhead with rental incomeWhether you’re expanding your business, building an investment portfolio, or creating multiple tenant spaces—this property offers scale, flexibility, and significant income potential. A rare opportunity with unbeatable upside.