Allentown City, PA 18101
Other
MLS #: 775692
Courtesy Of RE/MAX real estate
Property InformationDescription
Positioned in the heart of downtown Allentown within the highly sought-after Neighborhood Improvement Zone (NIZ), . The location of this prominent four-story building, benefits from excellent visibility, steady pedestrian flow, and proximity to major attractions, offices, and residential developments. Above the commercial space, the upper three floors present a rare value-add opportunity. Already wired, plumbed, and partially framed, these levels are primed for completion into nine residential apartments-offering investors the ability to capitalize on the area's continued growth and demand for downtown living. With much of the heavy lifting already completed, this property provides a streamlined path to generating additional rental income while leveraging the tax advantages and incentives associated with the NIZ. Whether you're an investor looking for upside potential or a developer looking to maximize returns in one of Pennsylvania's fastest-growing urban cores, this property delivers a compelling blend of stability, scalability, and location-driven value. *Business and Beer License are not included and are being sold separately.
Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Natural Gas
- MLSID: 775692
- Parking Spaces: 2
- Roof Type: Flat
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
