8,652 SqFt
8,652 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,652 sqft
Price per Sqft $138
MLS Listing ID 781786
HOA Y/N No
Year Built 1940
Annual Tax Amount $7,242
Lot Size 8,407 Sqft
Acres 0.193
Lot Dimensions 120x70
Property Sub-Type Industrial
Property Description
An outstanding turn-key opportunity to assume an established, highly reputable steel fabrication business, together with its prime industrial real estate, offered as a complete package or customizable components.
THE BUSINESS: Bangor Steel Corporation was incorporated in 2010, with roots tracing back 37 years under the current owner. Specializing in structural and miscellaneous steel fabrication up to 100 tons for commercial and industrial clients throughout PA, NY, and NJ, the company boasts a multi-decade track record and a deeply loyal customer base. The owner is retiring and motivated to ensure a smooth transition to new ownership.
THE REAL ESTATE: Situated on a prominent corner lot, the facility includes ~8,400 SF of clear-span production/warehouse space with 13–18 ft ceiling heights, multiple drive-in bays, heavy 3-phase electric service, public water/sewer, plus a 252 SF climate-controlled 2nd-floor office. Well-maintained and grandfathered for industrial use, perfectly positioned for a new owner to step in and immediately ramp up production.
THE EQUIPMENT: Included in the offering is a full complement of heavy-duty fabrication equipment (~$400k FMV) complete with specialized tooling, welders, lifts, vehicles, and raw material—providing immediate production capability with no additional capital required.
PRICING & FLEXIBILITY: Offered at 1,200,000 for the complete turnkey package (700,000 Real Estate | 300,000 Equipment | 200,000 Business Goodwill), with flexibility to structure the transaction as needed.
This represents a singular, high-equity opportunity to step into an essential, AI-resistant industry with limited regional competition. Company financials and itemized equipment list available to qualified buyers upon execution of a Confidentiality Agreement.
Location
State PA
County Northampton
Area Bangor
Direction North: Take PA-191 S straight onto S Main St. South: Take PA-33 N to PA-512 N or PA-191 N straight. East: Take PA-512 W to town; turn left on S Main St. West: Take PA-512 E; turn right on S Main St.
Interior
Heating Gas
Cooling Ductless, Wall Unit(s)
Flooring Concrete
Inclusions Real Estate/Business
Fireplace No
Exterior
Parking Features Built In, Garage, On Street
Water Access Desc Public
Street Surface Concrete
Road Frontage City Street
Garage Yes
Building
Sewer Public Sewer
Water Public
Schools
School District Bangor
Others
Tax ID E9NE3D-1-2-0102
Special Listing Condition None
Virtual Tour https://vimeo.com/1216952540?share=copy&fl=sv&fe=ci
Nearby Locations
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heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania 18018, USA