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    242 E Walnut St Allentown, PA 18109

    For Sale
    $950,000

    COMMERCIAL - Allentown City, PA

    Property size:
    5,076 SF
    Lot size:
    0.14 Acres
    Days on Market:
    292
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 242 E Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-MH-MEDIUM HIGH DENSITY
    APN
    640772433158001
    Parking features
    On Street, Off Street
    Size
    5,076 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1926
    Building materials
    Brick, Block, Masonry, Concrete, VinylSiding

    HomeSnipe Real Estate LLC (484) 664-2828 [email protected]

    Listing agent Suzanne Rivera (484) 664-2828

    Listing date Feb 23, 2025

    Copyright © 2025 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Allentown Church with Redevelopment Potential

    A 5,076 square foot commercial property is available in Allentown City, Pennsylvania. The property, currently used as a church, presents opportunities for use as an event space, community center, or redevelopment project, subject to zoning confirmation. The site includes two parking lots with space for approximately 70 cars. The property is located on a 0.138-acre lot and is zoned R-MH-MEDIUM HIGH DENSITY.
    Location Intelligence

    Current Use by Public Records

    House of Berea Ministries Church Iglesia Vision Rescate Hispanic Church

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.448543
    Latitude
    40.607022

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    FAQs

    What type of property is this?
    Church & religious facility - Spacious church in Allentown City, suitable for various uses.
    Where is this church & religious facility located?
    The property is located at 242 E Walnut St Allentown, PA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Versatile 5,076 sq ft property suitable for church, event space, community center, or redevelopment.; - Prime location in Allentown.; - Ample parking with 2 lots (approximately 70 cars).
    (484) 664-2828
    Request Owner's contact information
    242 E Walnut St Allentown, PA 18109
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    Allentown, PA 18109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 E Walnut St Allentown, PA 18109
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