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Prime Redevelopment or Owner-User Opportunity in Allentown's NIZ. Directly beside the iconic PPL Tower and just steps from the Da Vinci Science Center, Archer Music Hall, and the PPL Center, this 6,536 SF building is perfectly positioned in the heart of Downtown Allentown's Neighborhood Improvement Zone (NIZ). Currently configured with retail on the first floor and two vacant upper floors, the property offers endless flexibility"”whether for an owner-operator, investor, or developer. Plans already exist for a 7-story expansion, with potential to go taller. Highlights include 3 leasable floors ready for reconfiguration, On-site paved parking for 12 cars, Located within the powerful Allentown NIZ, where most taxes generated can be applied toward financing construction improvements, Surrounded by 1500+ new apartments, 14,000+ office workers, and major entertainment anchors, with over $1 billion in new development completed since the inception of the NIZ. Whether you're looking to launch a business, reimagine the site, or develop a signature project in Allentown's most dynamic growth zone"”this property checks all the boxes.
| DAYS ON MARKET | 9 | LAST UPDATED | 9/1/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Allentown-Central |
| COUNTY | Lehigh | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Allentown-Central |
| CONSTRUCTION | Brick |
| HEAT | Electric |
| INTERIOR | PrivateRestrooms |
| LOT | 5053 sq ft |
| LOT DIMENSIONS | 22 x 230 |
| SEWER | Public Sewer |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with CENTURY 21 Keim Realtors
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