Property profile

937 W Walnut St Allentown, PA 18102

FOR SALE
Investment properties
Property ID
US73-5820231
2,376 SF 0.05 ac lot Built 1900
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 800-square-foot retail space is available for lease at 937 Walnut Street in Allentown, Pennsylvania. Located in the heart of Allentown's vibrant downtown, this single-tenant property offers unparalleled visibility and convenience. Built in 1900, the space is situated within a larger building totaling 2,376 square feet and is currently offered in a vanilla shell condition. The property includes one bathroom and a reception area, providing a functional layout adaptable to a variety of uses. Ideal for businesses such as service offices, tax preparation services, notary services, or salons, this location benefits from its proximity to newly developed Class A office spaces, apartments, and retail establishments, ensuring high foot traffic and a strong customer base. The property's central location also places it near significant landmarks like the PP&L building and the newly constructed Da Vinci Science Center, a 67,000-square-foot structure with extensive interactive exhibits, further enhancing its appeal and attracting a diverse clientele. The property is zoned B-2-Central Business (APN: 549699749192 001, Lehigh County). This is a rare opportunity to secure a well-positioned retail space in a thriving downtown area. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction BRICK
Total area 2,376 SF
Lot 0.05 ac (2,100 SF)
Zoning code B-2
APN 549699749192-1
UPID US73-5820231

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Consultant

Location

937 W Walnut St Allentown, PA 18102
Allentown metro Census 9700 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2004
1 recorded transaction
2004
$395,000

Zoning & alternative use

B-2 · Allentown, PA
Zoning description

ely residential, the sign regulations shall apply that would otherwise apply to the R-M district, or its successor zoning district. For other portions of the PRD, the sign regulations shall apply that would apply to the…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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