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Street Retail Storefront with Open Floor Plan
For Lease
$3,000/Mo

402 Ridge Avenue, Allentown, PA 18102

Street retail space with an open layout, ample storage, and two ADA restrooms in a residential area setting.

Property Size3,000 SF
Days on Market706

Property Features for 402 Ridge Avenue

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Lease Type /mo

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF

Amenities

two ADA restrooms
open floor plan
ample storage space

Building Details

Building Size 3,000 SF
Year Built 1913
Listing Agency: Keller Williams Real Estate - Allentown
Listed By: Ayon A Codner · License #RS324477
Source: Sercommercial
Added: Aug 28, 2024 Changed: Jul 30 Last Checked: Aug 2 at 12:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate - Allentown

Investment Insights

Based on property information with market context.

Approximately 3,000 SF of street retail is available for lease at 402 Ridge Avenue. The space is laid out with an open floor plan, includes ample storage space, and features two ADA restrooms.

The property is located on Ridge Avenue in a vibrant residential area of Allentown. It is a few blocks from the newly constructed Jaindl Enterprises Waterfront mixed-use Class A building, and it sits within the broader context of Allentown’s Vision 2030 initiative focused on neighborhood revitalization.

Built in 1913, this storefront can support a range of neighborhood-oriented uses such as a used appliance store, multi-service business, laundromat, copy/printshop, and other service retail concepts.

Key Highlights

  • Approximately 3,000 SF street retail space available for lease
  • Open floor plan with ample storage space
  • Two ADA restrooms

Property Analytics

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.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,978
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Allentown, PA

$15.98 /SF/Yr
Avg Asking Price
$5.43–$21 /SF/Yr
Price Range
2,746 SF
Avg Space Size

This space is priced 25% below the average of $15.98 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Street retail space with an open layout, ample storage, and two ADA restrooms in a residential area setting.
Where is this storefront property located?
The property is located at 402 Ridge Avenue Allentown, PA.
What is the lease rate?
The lease rate is $3,000 /Mo.
What are key features of this property?
This property features: Approximately 3,000 SF street retail space available for lease; Open floor plan with ample storage space; Two ADA restrooms
More about this property
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