Listing Agency: Keller Williams Real Estate - Allentown a***@kw.com Show Phone

Listed By: Ayon A Codner · License #RS324477 Show Phone

Source: Exprealty

Added: Aug 28, 2024 Changed: Aug 20 Last Checked: Aug 28 at 1:03PM

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Investment Insights

Based on property information with market context.

Approximately 3,000 square feet of street retail space is available for sale in Allentown, Pennsylvania. The space includes two ADA-compliant restrooms and an open floor plan with ample storage. It is suitable for various businesses, such as a used appliance store, multi-service business, laundromat, or copy/print shop. The property is situated in a vibrant residential area on Ridge Avenue, a few blocks from the newly constructed Jaindl Enterprises Waterfront mixed-use Class A building. Allentown's Vision 2030 initiative includes plans to revitalize neighborhoods, potentially making this a strategic location for business.

Key Highlights

• 3,000 SF Street Retail Space
• Open Floor Plan with Ample Storage
• Two ADA Restrooms

Property Analytics

Property Profile

Current Use

El Vecino Appliances ... Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Acupuncture Gym & Fitness Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,978

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 76% Electronics 24%

Dunkin' Donuts Dining

9,041 visits/mo 0.4 miles

Boost Mobile Electronics

1,317 visits/mo 0.4 miles

Metro by T-Mobile Electronics

964 visits/mo 0.4 miles

Cricket Wireless Authorized Retailer Electronics

538 visits/mo 0.3 miles

Demographics for 18102, PA

51,567

Population

18,788

Households

2.7

Avg Household Size

32

Median Age

11%

College-Educated

76%

High-School Grad

3.0 sq mi

ZIP Area

17,189

Density / Sq Mi

$40,681

Median Household Income

$29,501

Median Earnings

$1,224

Median Rent

$146,600

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available in vibrant Allentown residential area.

Where is this retail space located?

The property is located at 402 Ridge Ave Allentown, PA.

What are key features of this property?

This property features: 3,000 SF Street Retail Space; Open Floor Plan with Ample Storage; Two ADA Restrooms