Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
N/A
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
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
Financial
-
Sales Price
$1,290,000
-
Tax Amount
7231.0
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Location
County
LEHIGH
Elementary School
Middle School
High School
Listing Courtesy of Loren K Keim , Century 21 Keim Realtors
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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