701 North Jordan Street,Allentown City, PA 18102
Allentown City, PA 18102
Description
Two buildings on a single deed, five units, and a location just a few blocks from the Allentown Waterfront development already reshaping this corridor. This is the kind of mixed-use opportunity that does not come around often. Building 1 features a bar/restaurant plus two residential apartments above. Building 2 brings a mini mart and a third apartment with views overlooking center city Allentown. The commercial spaces will be delivered vacant of business operations, giving a new owner a clean slate to operate, re-lease, or explore alternative uses. Liquor license does not convey and must be obtained separately by the buyer.One residential unit is vacant and ready for immediate occupancy. One is owner-occupied and will be delivered at closing. The third carries a one-year lease, putting cash flow in your pocket from day one. With three residential units and two commercial spaces, this property offers a diversified income mix that single-use assets simply cannot match. This property has been family-owned for generations. The current owner is ready to retire and motivated to close. Priced to move and full of potential. Do not let this one pass you by.
Details
| MLS # | 779784 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 112 |
| Listing Provided By | EXP Realty LLC | Zack Nebbaki |
Features
| SQ Feet | 4,120 |
|---|---|
| Zoning | B1/R |
| Acreage | 0.06 |
Taxes
| Tax Annual Amount | 7895.81 |
|---|
Area Information
| State | PA |
|---|---|
| County | Lehigh |
| City | Allentown City |
| Zip Code | 18102 |
| Area | Allentown Central |
| Listing VS Median (in 18102) | |
Price: $649,900 low | high Med: $189,950 sqft: 4,120 low | high Med: 1,212 $ / sqft: $158 low | high Med: $159 On site: 112 low | high Med: 33.5 | |
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Learn More About This Property
| State | PA |
|---|---|
| County | Lehigh |
| City | Allentown City |
| Zip Code | 18102 |
| Area | Allentown Central |
| Listing VS Median (in 18102) | |
Price: $649,900 low | high Med: $189,950 sqft: 4,120 low | high Med: 1,212 $ / sqft: $158 low | high Med: $159 On site: 112 low | high Med: 33.5 | |
