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1921 Union Boulevard

Allentown City, PA 18109
  • $1,260,000
  • STATUS: Available
  • ON SITE: 64 Days
  • MLS #: 697561
UPDATED: 52 min ago
$1,260,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,270
    SQFT
  • $123
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

School District:

Description

Renovated in 2004, this 10,270 SF building sits on a .38 AC lot & is located on a heavily traveled street within the City of Allentown. Commercially zoned as B-3-Highway Business allowing versatile uses, the Property was previously the location of Lehigh Valley's premiere beauty institute producing the best in the business. The building had a new roof replacement in 2013. The building is broken down into 3 units that could be leased including a 1,200+ SF end unit & two units that are approx. 4,500 SF each (separate utilities for each). The going lease rate is $10/sf (NNN) "as is" condition totaling over $100K in income equalling an 8% cap rate at asking. The building has multiple offices with an open floor plan as well as Stunning curb appeal with a modern design & the 140 feet of frontage is highlighted with large glass panels. With a traffic count of over 15K per day & located at a busy traffic light, this property's location to the airport & RT 22 makes it perfect for any use.

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© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-09-28T08:12:58.87.
www.smartwayamerica.com/homes/131244058
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1921 Union Boulevard Allentown City, PA 18109

  • Price: $1,260,000
  • Status: Available
  • On Site: 64 Days
  • Updated: 52 min ago
  • MLS #: 697561
0
Beds
0
Baths
0
½ Baths
0.39
Acres
10,270
SQFT
$123
$/SQFT
1960
Built
Neighborhood:
Allentown-East
County:
Lehigh
Area:
Allentown-East
School District:
Allentown
Property Description
Renovated in 2004, this 10,270 SF building sits on a .38 AC lot & is located on a heavily traveled street within the City of Allentown. Commercially zoned as B-3-Highway Business allowing versatile uses, the Property was previously the location of Lehigh Valley's premiere beauty institute producing the best in the business. The building had a new roof replacement in 2013. The building is broken down into 3 units that could be leased including a 1,200+ SF end unit & two units that are approx. 4,500 SF each (separate utilities for each). The going lease rate is $10/sf (NNN) "as is" condition totaling over $100K in income equalling an 8% cap rate at asking. The building has multiple offices with an open floor plan as well as Stunning curb appeal with a modern design & the 140 feet of frontage is highlighted with large glass panels. With a traffic count of over 15K per day & located at a busy traffic light, this property's location to the airport & RT 22 makes it perfect for any use.
Exterior Features

Construction BrickOther Frontage 140 Location CornerFree-Standing Lot Dimensions 140X120 Parking Off SiteOn Site Parking Spaces 6 Road City Road Surface Type Black Top

Interior Features

Available Sq Ft 10270 Building Sq Ft 10270 Ceiling 10-12 Feet13-15 Feet16-18 Feet Cooling Central Ac

Property Features

Cross Street Address Sherman Level Grade Lot Size Source Tax Records Possible Financing CashConventional Potential Use ApartmentsChurchConvenience StoreGrocery StoreManufacturingMedical ServiceOfficeOtherProfessional ServiceRestaurantRetailShopping CenterWarehouse Property Sub Type Category CommercialOffice BuildingRetail Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 28464.28 Utilities 3 Phase Water Public Zoning Code B-3-Highway Business

Listing provided courtesy of Exp Realty Llc: .


© 2022 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2022-09-28T08:12:58.87.
 
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