127 S 7th St - Specialty FOR SALE


Allentown, PA 18101
$799,900 USD
610-398-0411
127 S 7th St, Allentown, PA for Sale
$799,900 USD
Specialty - FOR SALE
1/4
null | Request Cap Rate

127 S 7th St
Allentown, PA 18101


HIGHLIGHTS

  • center city Allentown
  • Business district
  • Center city walking distance from PPL Plaza
  • Walking distance from all PPL tower
  • Walking distance to PPL Center/Hockey Arena

OVERVIEW

Open house for investors and for developers this Monday December 9th, 9am- 11 am, Let's have some coffee and donuts This versatile two-story office space, located at 127 S 7th Street, offers an exciting opportunity for conversion into a multifamily apartment building. Formerly an insurance office, the property is ideally suited to urban dwellers seeking convenience and accessibility. The building's existing structure provides a solid foundation for creating modern, comfortable living spaces, with ample room for multiple units. High ceilings, large windows, and an open floor plan offer the flexibility to design stylish and functional apartments. With the growing demand for residential units in the area, this property presents a lucrative investment for developers looking to transform commercial space into a vibrant community of homes. For other uses, please consult the city of Allentown zoning ordinance. Attached you will find all the current zoning uses for the City of Allentown, Residential or Industrial uses.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Religious Facility, Schools, Shelter

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

B-2

APN/PARCEL ID

640619561554-1

ASK ABOUT THIS PROPERTY

Marina GabuniaHanna Commercial Real EstateMore Info
610-398-0411

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Marina GabuniaHanna Commercial Real EstateMore Info
610-398-0411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.