Newest Opportunities
Take 5 and Fast Food Concept
This prime development opportunity is strategically located across from the bustling mall in Hemlock, PA. The project includes multiple high-potential sites:
- Home2Suites by Hilton: An 84-room hotel planned on a 3-acre site, catering to the steady flow of visitors to the nearby mall and surrounding area.
- Drive-Through Fast Food: A well-positioned site designated for a fast food drive-through, designed to capture the high traffic from mall-goers and commuters alike.
- Quick Lube Concept: A smaller adjacent lot proposed for a quick lube service, offering convenience to the local community and travelers.
This development is poised to attract strong tenant interest, combining convenience, accessibility, and high visibility in a thriving retail corridor.e services to our clients through our knowledgeable and experienced team of professionals. Our mission is to help our clients achieve their real estate goals while providing unparalleled customer service.
Retail Development
This expansive retail development showcases the successful and ongoing projects that highlight Foust Enterprises' expertise in creating thriving commercial spaces:
- Michael's Crafts & Ollie's Bargain Outlet: Currently under development, these anchor stores will drive significant foot traffic, solidifying the site as a key retail destination.
- VA Clinic: A completed project that serves as a cornerstone of the community, demonstrating our ability to deliver high-quality, essential services.
- Upcoming Strip Center: Set to feature prominent tenants including Jersey Mike's, Five Guys Burgers and Fries, with potential for Duck Donuts to join the lineup, this center is poised to be a hub of activity.
Recently, the lot adjacent to Burger King was sold to Arby’s for $1.6 million, and negotiations with Taco Bell for the neighboring lot are progressing towards a $1 million deal. This development exemplifies our strategic approach to creating high-value retail environments that attract top-tier tenants and deliver exceptional returns.
Duplex Ranch Home Development
This upcoming development is set to offer a blend of modern living and community amenities in a prime location behind the mall. The project is designed to attract a diverse range of residents seeking convenience and a vibrant lifestyle:
- 52 Duplexes (104 Units): Spacious, well-designed units that offer the comfort and privacy of ranch-style homes, perfect for families, retirees, and professionals alike.
- Clubhouse: A central hub for residents to gather, socialize, and enjoy community events, enhancing the sense of neighborhood connectivity.
- Dog Park: A dedicated space for pet owners, promoting a pet-friendly environment and encouraging outdoor activity.
- 2 Pickleball Courts: Catering to the growing popularity of pickleball, these courts will provide residents with a fun and engaging recreational option.
This development is poised to become a sought-after residential community, combining quality living with convenient access to nearby shopping, dining, and entertainment.
Townhouse Development
This established townhouse development is ideally situated next to the hotel and other prime lots, offering a lucrative opportunity for investment or immediate construction:
- 18 Townhomes: The project includes 18 townhomes, with 12 already built and sold. The remaining 6 lots are ready for immediate development on Schoolhouse Road, near the 36 lots you’re purchasing from Ted and me.
- Construction-Ready: All infrastructure is in place, including water meter pits, and all necessary approvals have been secured. You can start construction right away with existing building plans or explore the option to modify townhome dimensions, subject to approvals.
- Condo Association: A condo association is established, with low annual fees of $600 per unit, covering essential services. Five of the 12 units are currently rented out, generating $1,850 to $2,000 per month.
- Sale Option: The last 6 townhouse lots are available for $480,000, presenting a valuable opportunity to complete this successful development.
This development offers a prime chance to step into a well-established community with significant rental income potential and immediate building opportunities.
Townhouse Development
This approved 36-lot townhouse development is strategically located just up the road from the 18-unit project you’re familiar with:
- Approved Development: This project, approved by my surveyor and I, offers 36 townhouse lots ready for development.
- Buyer Secured: We already have a committed buyer for all 36 lots, ensuring a swift and profitable transaction once development is complete.
This development presents a ready-made investment opportunity with the security of a guaranteed buyer.