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    402 Ridge Ave Allentown, PA 18102

    Sponsored
    For Sale
    Contact for pricing

    Prime Allentown Retail, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3,000 square foot retail space, situated on Ridge Avenue in Allentown, Pennsylvania, presents a fantastic opportunity for a variety of businesses. Boasting a versatile open floor plan and ample storage, this property is ideally suited for uses such as a used appliance store, multi-service business, laundromat, or copy/print shop. Two ADA-compliant restrooms are included, ensuring accessibility for all customers. The property sits on a 0.06-acre lot in a thriving residential neighborhood, offering high visibility and convenient access for patrons. Its strategic location is further enhanced by its proximity to the newly constructed Jaindl Enterprises Waterfront mixed-use Class A building, a testament to the ongoing revitalization of the area. Allentown's Vision 2030 initiative, focused on neighborhood revitalization, positions this property as a key investment in a rapidly developing community. The property's size and features make it an attractive option for businesses seeking a well-located and functional space to establish or expand their operations. This is a rare opportunity to secure a prime retail location in a rapidly growing area of Allentown. The property is available for lease and further details are available upon request.

    Property Features for 402 Ridge Ave

    General Information

    Property type
    Retail properties
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1913
    Property Profile Location Intelligence

    Current Use by Public Records

    El Vecino Appliances ... Appliance Store

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -75.46089
    Latitude
    40.61166

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    FAQs

    What type of property is this?
    Retail property - Prime Allentown Retail, High Visibility
    Where is this retail property located?
    The property is located at 402 Ridge Ave Allentown, PA.
    (610) 435-1800
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    402 Ridge Ave Allentown, PA 18102
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    Allentown, PA 18102
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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
    402 Ridge Ave Allentown, PA 18102
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