500 Belfast Rd, Nazareth, PA 18064

Description

Gross income of $66,600. Exceptional corner mixed-use investment offering strong cash flow and prime visibility. The current owner has invested over $100,000 in renovations, delivering a fully updated, turn-key, income-producing property with no additional work required. The commercial unit—currently operating as an office/convenience store/grocery/smoke shop with gaming machines and a customer half bath—is leased at $3,500/month. The spacious 3-bedroom, 2-bath apartment with private entry features a living room, dining room, mudroom, and in-unit washer and dryer, and is rented for $1,850/month. An additional shed provides income potential of $450/month, bringing total monthly income to $5,550. Tenants pay their own utilities, maximising net returns. The property also includes an attached 2-bedroom, 2-bath unit, a garage, and an unfinished basement ideal for storage or future expansion. Recent upgrades include full interior renovations, split heating and cooling systems throughout, a paved driveway, and parking for up to 10 vehicles. Strategically positioned on a high-visibility corner, this property offers excellent upside potential—expand the existing business with food service or additional product lines to further increase revenue. Whether you're an owner-operator or investor, this is a rare, move-in-ready opportunity. Schedule your showing today.