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

Request For Offer

Retail & Land Development

543 Interchange Rd, Kunkletown, PA 18058, USA

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.

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