Twitter
Facebook
Email
|
Incredible redevelopment opportunity for a corner building on a large 30' x 230' lot only 2 blocks from the PPL center in the heart of Allentown'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.
| DAYS ON MARKET | 212 | LAST UPDATED | 7/23/2024 |
|---|---|---|---|
| YEAR BUILT | 1930 | COMMUNITY | Allentown-Central |
| COUNTY | Lehigh | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | Allentown |
|---|
| PRICE HISTORY | |
| Prior to Jul 23, '24 | $1,500,000 |
|---|---|
| Jul 23, '24 - Today | $1,390,000 |
| ADDITIONAL DETAILS | |
| AREA | Allentown-Central |
|---|---|
| CONSTRUCTION | Brick |
| LOT | 6882 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 30x230 |
| SEWER | Public Sewer |
| TAXES | 8017.75 |
| WATER | Public |
| ZONING | B-2-CENTRAL BUSINESS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with CENTURY 21 Keim Realtors
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2024.
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Wesley Works
Real Estate to contact you even if your name is on a Federal or State
"Do not call List".