The median home value in Allentown, PA is $251,750. This is higher than the county median home value of $225,000. The national median home value is $308,980. The average price of homes sold in Allentown, PA is $251,750. Approximately 46% of Allentown homes are owned, compared to 46% rented, while 8% are vacant. Allentown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Allentown real estate agent to arrange a tour today! Learn more about living in Allentown
Previously St. Lukes medical building, Check with Allentown zoning to get approval for your intended use. 3300SF of space 12 parking spots, Public Water and Sewer, Solid Brick structure, interior needs to be renovated to your end use. Natural Gas Available, approvals and floor plans for 3 apartments, Great corner location just across from Rita's Italian ice on Emmaus Ave, The possibilities are endless. See today!
Presenting a fantastic commercial building at 11,000+ sq.ft of office space on 3 levels. Directly across from the Allentown fairgrounds, making this convenient location a prime area for business opportunities. Each level is finished allowing multi use such as government agencies, business offices, legal offices, financial/professional services and more. 1st fl presented at 3849 sq.ft with lobby, reception area, 2 restrooms, kitchen, 7 office/exam rooms and conference room. 2nd fl features 3849 sq.ft with lobby, reception area, 2 restrooms, 18 offices/exam rooms and conference room. Basement presents 3758 sq.ft with common area, kitchen, restroom and 6 offices. Create your own Co-Op Working space brining opportunities to individual business owners and be part of the new trends that have become popular with commercial buildings. Building features elevator, sprinkler system, fire alarms and 2 car handicap parking. Property is available to lease at $3000 per floor approx. 3500sq.ft + util. Owner is open to owner financing.
Amazing redevelopment opportunity. 50' x 108' lot in the Neighborhood Improvement Zone (NIZ). B-2 Zoning the limit with no maximum building height and no maximum building coverage. Neighboring lot approved for 34 story building. This lot could be approved for same or potentially even more stories. Existing building could be rented until project is ready to build. Steps from the new Maple Street Parking Deck and over 1 Billion Dollars of development including, the new Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, Restaurants, Retail, Nightlife, and so much more.
BUSINESS ONLY ( NO Sign on property)! SERIOUS INQUIRIES ONLY Do not ask attendant questions CALL listing Agent! Bienvenidos a su bodega!! Welcome to your corner store/take out business with ALL NEW Equipment This established Mini-Mart is located in the perfect location close to center city and right off of Lehigh Street in South Allentown. You will not want to miss the opportunity of purchasing the business rights of ( C & J Grocery Inc). This location not only offers the convenient store service it also has a FULL Commercial Kitchen where you can take over ALLENTOWN CHEESE STEAK and deliver your best cheese steaks in the valley to your local customers. Here is your opportunity to takeover a successful business that is consistently earning a cash flow The Real Estate is not included in the sale and the new owner of the business will be expected to be a long term tenant under a triple net lease with the owner of the building. Opportunity is knocking....what are you waiting for?
Established smoke shop retail business located in a prime location with high foot traffic. The shop offers a wide range of smoking accessories, including glass pipes, vaporizers, hookahs, and tobacco products. The store has a loyal customer base. Sale includes inventory and fixtures. Great opportunity for an entrepreneur looking to enter the thriving smoke shop industry.
5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, or an office building or a mixed-use project. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000
Incredible redevelopment opportunity for a corner building on a large 30â x 230â lot only 2 blocks from the PPL center in the heart of Allentownâs NIZ opportunity zone. This large 3 story building with off street parking may be reconfigured, or an investor or user may consider building a new project to take full advantage of all the benefits the opportunity zone offers. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone.
This commercial property, featuring a bakery on the first floor and a leased residential unit on the second floor, offers a 10% capitalization rate. The first-floor bakery tenant has a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. The sale of the property excludes equipment, catering mainly to buyers interested in maintaining the bakery business. With reliable tenants and strong cash flow, this property represents a proud ownership opportunity. This listing is also listed as an investment property #735068, please go check out cash flow details.
This listing is for the sale of 2304 S 5th Street and includes 2321 S Alice Street. This listing of these two parcels provides several opportunities for use and development. 2304 S 5th Street offers three buildings on 1/3 of an acre just south of Emmaus Ave. The seller operated a daycare here for over 50 years & was truly a pillar of the community. Countless children from the community were provided an invaluable springboard for their early lives & the lives of their working families. The daycare operated continuously until '22 and all structures were permitted for daycare and related activities. Outdoor play space is located in the center of the parcel and a fence enclosure surrounds the property. The buildings include a 3,328 SF daycare on two levels, the original home offers 2,620 SF & the third building was used as a recreation building with 1,040 SF. 2321 S Alice Street is a flat parcel immediately across the S. East alley-way from 2304 S 5th. This tree lined property served the neighborhood and the daycare as an idyllic recreation space. The zoning for both parcels is RL â Low Density Residential providing the Buyer an option to make use of the property for daycare operations or consider residential development. Daycare business owners and savvy investors will see the potential and value in this sale. The 3 structures need varying amounts of renovation and the permitted daycare use is invaluable to a new owner or for a daycare business as a tenant.
YEAR BUILT 1969 BUILDING SIZE 7,372 S.F. LOT SIZE 15,420 S.F. LOADING 1 - GROUND LEVEL DRIVE IN DOORS UTILITIES FULL PUBLIC - WATER, SEWER, NATURAL GAS POWER 1-PHASE / 200 AMPS / 120 VOLTS HEIGHT 10â CEILING HEIGHT ACCESS 1.5 MILES TO US-22 MUNICIPALITY CITY OF ALLENTOWN LEHIGH COUNTY ZONED I3 - GENERAL INDUSTRIAL
**Attention Investors & Business Owners** Here is a NEW LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS, a MECHANICAL CONTRACTOR'S GARAGE UNIT, & the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200 ACRES called *NORTHRIDGE*, projected by City Center Developer to create 2,227 construction jobs & 385 long-term positions, in addition to $9.35 million in annual tax revenue, making the future appreciation value of this property we are selling a SOLID choice to add to your investment portfolio. This MIXED-USE sale presents a lucrative opportunity for RENTAL INCOME, OWNER OCCUPIED BUSINESS USE and/or LONG-TERM APPRECIATION. There are AFFORDABLE TAXES & PUBLIC NATURAL GAS UTILITIES on site as well as CENTRAL A/C. Buyers will NOT be disappointed in the heavily traveled AVENUE LOCATION with a daily traffic count of almost 24,000 cars passing by per day & within minutes of ALL LEHIGH VALLEY major highways. Schedule a tour with The Listing Broker ASAP because we are expecting a fast sale due to LOW INVENTORY & HEAVY BUYER DEMAND. Please allow 48hr notice for scheduling to allow us to schedule tours conveniently with tenants, the building is FULLY OCCUPIED. Thank you for your interest!
Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentownâs NIZ opportunity zone, this beautiful building features a gorgeous first floor retail / office space that is currently a salon, 3 upper floor apartments and a 30 car private parking lot. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more an a billion in new development in this zone since the NIZ inception because most taxes generated in the NIZ can be used to pay down debt service on any financed construction improvements within the zone.
General dental practice and building for sale. The existing practice is fully equipped with three operatories, two x-ray machines, a dedicated lab station, and an established client base, providing everything you need for a successful start. In addition to the dental facilities, the property boasts (2) two-bedroom residential apartments on the upper level. This unique feature allows for owner occupancy or the potential to generate additional income through rentals. Each unit is separately metered, presenting lucrative options for the ideal buyer. Easy access to W Emmaus Ave, Route 145,309, and RT 78 Call today for additional information.
Looking for Office Space Near Lehigh County Courthouse or City Hall? Building is Currently Used as a Law Office but has much Potential for Professional Office Space! There are 3 Floors along with Finished Basement Available which Include Private Offices & Receptionist Areas! Ornate Woodworking & Architectural Details Throughout! Updated Brick-Pointing & Exterior Painting! New Roof Installed 2019! Off Street Parking for 8 to 10 Cars! Easy Walk of 1 Block to the Lehigh County Courthouse or City Hall, 3 Blocks to Lehigh County Government Center! Total Taxes Only $6891/Year! Call Today to Schedule Your Showing!
Great opportunity to purchase Real Estate, Inventory and Business together or Separately. This Garage/shop is located in a Prime location on over 2 acres, visible from Route 222. The property is the heart of the Lehigh Valley Industrial corridor, being minutes from Route 100, Hamilton Bypass, Route 78 and Route 22. The building has been used as a Fully operational Truck/trailer repair business for nearly 30 yrs. True turn key business opportunity with 8320 sq ft free standing garage with office space, storage and fully functioning garage. Schedule your appointment today.
This remarkable building is poised to welcome its new owners. Comprising three floors with elevator access, this commercial property currently hosts a bustling daycare across the first two levels. An exciting opportunity presents itself on the third floor, where renovations could cater to the daycare's expanding needs, thereby boosting rental returns substantially. Additionally, a tenant-occupied warehouse attached to the rear of the building contributes to the property's income stream. Furthermore, a section of the parking lot is leased out to a third tenant, adding to its desirability. Don't miss outâschedule your showing today. Please review agent remarks for further details.
⢠±9,474 SF office building available for sale ⢠Freestanding, corner property with ample parking ⢠Handicapped accessible ⢠Public utilities ⢠280,000 SF LV Health Network facility adjacent to site ⢠Ample area amenities including Wawa, CVS, The Home Depot, The South Mall, Rednerâs, PNC and more
This property features a 36-unit storage facility and 3 apartments, conveniently located off bustling South 4th St. 11,685 sqft building! It offers significant potential for rent growth with minimal Capex â our 5x10 units are priced at $85, while nearby facilities charge $113. All 3 renovated residential units are electric (heat and cooking) and individually metered. ~$68k NOI with a significant rent growth opportunity.
RETAIL FOOD BUSINESS & EQUIPMENT FOR SALE. CULINARY EXPERTS is located in the Allentown Fairgrounds Farmers Market, Stand #45. This stand has been renovated less than two years ago with new porcelain tile flooring, ceramic tile backsplash, SS equipment and upgraded display cases. This well established retail food business has been a fixture in the Allentown Fairgrounds Farmers Market for many years. The space has 28.5 feet of frontage and incldes approx 200 SF of retail space plus 347 SF rear area for food prep and storage. Selling price includes business and equipment. The new owner can modify usage of the space to their liking. Equipment list is available.
$108,000 Gross Income, $90,679 Net Income, 8.2% Cap. These prideful owners have invested hundreds of thousands to completely renovate this fully occupied, cash-flowing, turnkey, 6-unit, garden-style apartment building. All 6 units have been FULLY updated from top to bottom with fresh paint, new flooring, new energy-efficient windows, newly tiled bathrooms, and all-new kitchens. Each unit has a massive floorplan, tons of sunlight, and are all 2BR, 1BA. The building features ALL-BRICK construction has had a total facelift including a facade and has a very well-maintained roof. Tenants pay all utilities and include reimbursement of $40/mo. per unit for water/sewer. These are great tenants, have been there for over a year and treat their apartments beautifully. ALL Leases are $1500 with room to grow. It is rare to find this type of property in downtown as many properties have been purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center, and within walking distance of all attractions, restaurants, sports games, and near all interstates. The ownership group is listing over 25 multi-family units available in addition to this property. *Seller is a licensed real estate agent. *** PROJECTIONS are over $118,000 with slightly higher rents***
$79,200 Gross Income, $64,033 Net Income, 8.5% Cap. Now will have a clear CO for sale from Allentown--nothing to do! These prideful owners have invested hundreds of thousands to modernize this 5-unit garden-style apartment building. All 5 units have been FULLY RENOVATED from top to bottom with fresh paint, new HARDWOOD flooring, energy-efficient windows, newly tiled bathrooms, and all-new kitchens with GRANITE countertops, & DISHWASHERS. The building features ALL-BRICK construction and has a well-maintained roof. The property is fully occupied with tenants paying all utilities . These are great tenants, have been there for over a year and treat their apartments beautifully. Rare to find this type of property so close to the city center, in downtown with many properties being purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center, and within walking distance of all attractions, restaurants, sports games, and near all interstates. Owners are in the process of installing coin-operated washers/dryers which create additional revenue. The ownership group is listing over 25 multi-family units available in addition to this property. *Seller is a licensed real estate agent. ** PROJECTIONS are over $85,000 with slightly higher rents***
Prime location for a Car Wash on 1/2 acre, 6 bay & 10 Vacuum self serve car wash on the East side of Allentown. Great location for a auto sale, restaurant, retail, office space and much more.
A beautifully remodeled free standing office / retail building with 13,320 usable square feet, perfect for owner-occupant, medical or investment. Currently occupied by a bank. The bank is not closing this location but would prefer to lease back a portion of the space. Should the buyer require the entire space, bank will consider relocating to a smaller space in the same area. Seller will also consider owner financing with favorable terms.
A beautifully remodeled free standing office / retail building with 13,320 usable square feet, perfect for owner-occupant, medical or investment. Currently occupied by a bank. The bank is not closing this location but would prefer to lease back a portion of the space. Should the buyer require the entire space, bank will consider relocating to a smaller space in the same area. Seller will also consider owner financing with favorable terms.