UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Rent
Square Footage 80,000 sqft
MLS Listing ID 784931
Construction Status Unknown
HOA Y/N No
Year Built 2000
Annual Tax Amount $9,694
Lot Size 2.860 Acres
Acres 2.86
Property Sub-Type Industrial
Property Description
Rare opportunity to create a customized commercial or industrial facility in the heart of the Lehigh Valley. 501 Auburn Street consists of approximately 2.86 acres (124,582 SF) with an existing 3,536 SF garage/warehouse building and significant additional land available for potential redevelopment or expansion.
Ownership is open to a variety of long-term lease structures, including build-to-suit, ground lease, redevelopment, expansion, or other customized arrangements based upon the needs of a qualified tenant.
The property may be well suited for users seeking a strategically located site for operations such as warehousing and distribution, contractor or trade headquarters, fleet operations, light manufacturing or assembly, flex/industrial space, equipment or commercial vehicle operations, service businesses, or other compatible commercial and industrial uses, subject to zoning and municipal approvals.
Public water and sewer serve the property, and the location provides convenient access throughout Allentown and the greater Lehigh Valley.
Rather than offering a predetermined building configuration, ownership is seeking businesses with specific real estate requirements and is willing to evaluate opportunities based upon the proposed use, facility size, improvements, lease term, tenant qualifications, and overall project economics.
Lease rate and terms are negotiable based upon proposed use and development requirements. Contact the listing agent to discuss your client's operational needs, proposed use, desired building size, site requirements, and potential lease structure.
Location
State PA
County Lehigh
Area Allentown-South
Direction From I-78/PA-309, take Lehigh St north toward Allentown. Continue toward S 6th St/PA-145 and turn onto Auburn St. Property is located at 501 Auburn St.
Interior
Heating Electric, Gas, Oil
Cooling Central Air, Ceiling Fan(s), Geothermal, Wall Unit(s), Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Natural Gas Available
Water Access Desc Public
Street Surface Concrete,Dirt
Building
Story 1
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Allentown
Others
Senior Community Yes
Tax ID 640628915761-1
Acceptable Financing Lease Option
Listing Terms Lease Option
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