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Incredible redevelopment opportunity for a building directly next to the PPL tower. 3 Leasable floors that can be reconfigured. 6536 SF building with 12 car paved parking lot. Perfect for a business owner, investor or someone who wants to redevelop a site in the heart of Allentown's NIZ opportunity zone. Surrounded by 450 new apartments, 14,000+ office workers, and entertainment venues including the PPL Center, there has been more than 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. Plans for building include 7 stories, but can be scaled taller
| DAYS ON MARKET | 183 | LAST UPDATED | 7/23/2024 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Allentown-Central |
| COUNTY | Lehigh | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | Allentown |
|---|
| PRICE HISTORY | |
| Prior to Jul 3, '24 | $1,200,000 |
|---|---|
| Jul 3, '24 - Jul 23, '24 | $1,100,000 |
| Jul 23, '24 - Today | $999,900 |
| ADDITIONAL DETAILS | |
| AREA | Allentown-Central |
|---|---|
| CONSTRUCTION | Brick |
| LOT | 5053 sq ft |
| LOT DIMENSIONS | 22 x 230 |
| SEWER | Public Sewer |
| WATER | Public |
| ZONING | B-2-CENTRAL BUSINESS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with CENTURY 21 Keim Realtors
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