Allentown PA Commercial for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,050
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1945
- Baths:
- MLS#:
- PALH2010916
ADDITIONAL INFORMATION
Welcome to W Turner St, these two buildings (211-213 on the left & 207-209 on the right) have been recently approved for three (3) new additional units to be built along with 4 newly renovated cash flowing apartments currently occupied. There are four apartments in 207-209, three apartments are a 2 bedroom with one bathroom, the fourth apartment is a 2 bedroom with 2 full bathrooms. The units on 207 have larger exterior balconies while the two apartment son 209 have smaller, standing room only balconies. The city has approved an additional 5th apartment for the ground floor of 207-209 along with a laundry room for all tenants to utilize (we planned on coin operated laundry). The building next door toe the left (211-213) is also a part of the property (2 buildings on one deed and one water line), and the city has approved this building for conversion into a side by side duplex, each unit will be a 2 bedroom one bathroom. The existing 4 apartments (207-209) have mini split units for max efficiency with heating and cooling, 3 heads per apartment. There is no gas in the buildings, everything to operate off electricity. There have been extensive renovations to the building in recent years and now the final phase is ready to begin. All of the leg work has been completed with the city zoning departments and engineering plans, the construction is ready to begin. When the three new units are built out, you will have a portfolio addition of 7 doors, 4 of which are already operating. Engineering plans will be provided to the buyer to use and submit for building permits on the remaining 3 apartments. The ground floor (5th unit) was zoned commercial, that has been changed and approved to residential. The same goes for 211-213, it has now been approved for residential dwellings, no longer commercial.
- Type:
- General Commercial
- Sq.Ft.:
- 6,726
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1933
- Baths:
- MLS#:
- 750634
ADDITIONAL INFORMATION
Unmatched Investment Opportunity in Downtown Allentown! Prime location just steps away from PPL Centerâ??visible from the building! This expansive property sits in the heart of Allentownâ??s rapidly growing downtown, surrounded by top attractions, dining, and cultural landmarks, all within walking distance: PPL Center: 2 blocks â?? visible from the property! LOW TAXES Da Vinci Science Center: Walkable distance Downtown Allentown Market: 3 blocks Miller Symphony Hall: 4 blocks Arts Park & Allentown Art Museum: 5 blocks New Hamilton Grand Plaza Condo (Opening Soon): Walking distance Lehigh Valley International Airport: Only 5 miles away This versatile building offers endless possibilities for developers and investors, whether youâ??re looking to create retail spaces, offices, or mixed-use developments.On-site Parking: Convenient parking at the rear of the property Multi-Level Potential: Open first floor with multiple office spaces on the second floor Spacious Basement: Additional usable square footage Zoned Commercial: Ideal for retail, office, or mixed-use purposes Rich History: Formerly used as a social club, church, restaurant, and bar This is a rare gem in one of Pennsylvaniaâ??s most dynamic urban centers. With booming development all around, seize this opportunity to shape the future of downtown Allentown! Contact listing agent, for more details. Zoning information is available in the MLS.
- Type:
- General Commercial
- Sq.Ft.:
- 5,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 750194
ADDITIONAL INFORMATION
Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentownâ??s NIZ opportunity zone, this building features a first floor retail / office space that is currently a cigar shop, 2 large upper floor apartments and a private 12 car parking lot. The site is directly across from the new Archer Music Hall and the new Moxy Hotel and next to a new 5-story 78 unit complex and is 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. Property is part of an approved 12-story residential development for 192 units, but Buyer would need to purchase the neighboring parcels in order to executed.
- Type:
- Retail
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- PALH2009578
ADDITIONAL INFORMATION
+/- 3,000 SF Restaurant and Lounge for lease. The space will be delivered in a v-shell condition with an existing hood system. This building features the ability to do take-out on the first floor, as well as dining and event planning on the second floor. The space also has an outdoor deck for additional seating and entertainment. The building is located one block from significant Development such as (NIZ) Neighborhood Improvement Zone. The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than a billion dollars in redevelopment and is still urged to do more due to demand, offering a promising environment for growth and expansion. The NIZ, a powerful program, has been instrumental in the development of the PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple Class A high-rise office buildings, restaurants, retail, apartments, and the newly developed Da Vinci Science Center, which feature a +/-67,000 SF structure, +/-30,000 SF of interactive exhibits and many more. This success story is a testament to the potential for growth and success in the area. Call today for additional information and become part of the action.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 735426
ADDITIONAL INFORMATION
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 Allentownâ??s 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.
$2,995,000
22 N 6TH Street Allentown City, PA 18101
- Type:
- General Commercial
- Sq.Ft.:
- 21,318
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 2010
- Baths:
- MLS#:
- 720727
ADDITIONAL INFORMATION
The six level structure boasts the only glass rooftop bar in Allentown. Each floor was elegantly designed utilizing the best finishes available. This restaurant opened as The Cosmopolitan and later transformed into Hook Seafood Restaurant. Cosmopolitan and Hook were ahead of their time in this once struggling city. Those times have certainly changed and this versatile facility is primed to be re-opened as designed or possibly repositioned as a boutique hotel or high end residential project. The resurgence of downtown Allentown has been nationally noticed and applauded, with $1 Billion+ in new development spurred by the creation of the one of a kind Neighborhood Improvement Zone (NIZ) legislation. New office buildings, retail, residential projects, event centers and a world class sports and entertainment arena have pumped life into the downtown again. This gorgeous restaurant/event/catering/conference facility could be your opportunity to become part of the incredible success story!
- Type:
- General Commercial
- Sq.Ft.:
- 5,300
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 704734
ADDITIONAL INFORMATION
â?¢ Two-story retail/office building consisting of ±5,300 SF â?¢ Off-street parking lot at rear of building with 10 spaces â?¢ Electric updated in 2018 and 2022; Heating updated 2020 & 2022 â?¢ Building equipped with local alarm system including fire alarm â?¢ Storage area in basement â?¢ Located in City of Allentownâ??s NIZ (Neighborhood Improvement Zone) â?¢ Surrounding area residentially dense with many area amenities including PPL Center just three blocks away â?¢ Accessible via Routes 22, 309, and 222
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Allentown Real Estate
The median home value in Allentown, PA is $241,400. This is lower than the county median home value of $284,100. The national median home value is $338,100. The average price of homes sold in Allentown, PA is $241,400. Approximately 38.51% of Allentown homes are owned, compared to 54.18% rented, while 7.31% are vacant. Allentown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Allentown real estate agent to arrange a tour today!
Allentown, Pennsylvania 18101 has a population of 125,250. Allentown 18101 is less family-centric than the surrounding county with 24.36% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Allentown, Pennsylvania 18101 is $47,703. The median household income for the surrounding county is $69,440 compared to the national median of $69,021. The median age of people living in Allentown 18101 is 31.9 years.
Allentown Weather
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 46.6 inches per year, with 29.2 inches of snow per year.