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$4,700,000
Est. payment /mo
44,196 SqFt
UPDATED:
09/16/2024 02:48 PM
Key Details
Property Type Commercial
Sub Type Complex,Converted
Listing Status Active
Purchase Type For Sale
Square Footage 44,196 sqft
Price per Sqft $106
Subdivision Not In Development
MLS Listing ID 741679
Year Built 1980
Annual Tax Amount $40,733
Lot Size 2.256 Acres
Property Description
Jump on this hot property. Combined 4 story adaptive reuse building for 40 apartments PLUS site for 50 new unit building. Total 90 units in great location in South Allentown just off Lehigh St. close to shopping, Rt. 309 and easy access to everywhere. This is an attention getting location and apartment development site that is a rare offering in the market. This location and newly built apartments will be the site that tenants will be drawn to as the latest hot location in the Lehigh Valley. Great designs on both the adaptive reuse and the new building. Existing structure with new roof limits cost on renovation and plans already done for new building on approved site means this project is ready to go. Act now and take advantage of this great project.
Location
State PA
County Lehigh
Area Allentown-South
Interior
Cooling Central AC
Exterior
Garage Spaces 137.0
Building
Story 4.0
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Listed by HowardHanna TheFrederickGroup