Historic Brick Office
2041 Lawfer Ave Allentown, PA 18104
2041 Lawfer Ave, Allentown, PA, 18104
$385,000
For Sale
$385,000
Historic brick office building with commercial-grade HVAC, accessible restrooms, and a flat rubber roof.
Property Size2,239 SF
Price / SF$171.95
Days on Market119
Property Features for 2041 Lawfer Ave
General Information
- Standard status
- Active
- Size
- 2,239 SF
Listing agency
JTR Real Estate
(610) 434-4786
Listed by
Jeffrey T. Russell
(610) 434-4786
Source
Exprealty
Added: Mar 25 Updated: Jul 10 at 1:48PM Checked: Jul 19 at 8:01AM
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 JTR Real Estate
Investment Insights
Based on property information with market context.
This historic brick office building offers an established office layout suited for professional use. The property includes handicap access and bathrooms, along with commercial-grade HVAC. There is also a workshop located in the basement and a bar area described for after-hours unwinding, supporting a range of office-adjacent functions within the building. The structure features a flat Carlisle rubber roof, contributing to long-term roof system continuity.
The building is described as being in a quiet neighborhood in Allentown and has a history that includes use as a fire station and magistrate’s office, as well as real estate offices. The property currently operates as office headquarters for a real estate business.
Zoning is R-4. The information provided notes that many uses may require a Special Exception from South Whitehall Township, so prospective owners or tenants should review use requirements early in the planning process. Overall, the building’s combination of accessibility features, HVAC capacity, and flexible interior areas may appeal to professional firms seeking a solid, long-standing office facility with on-site support spaces.
The building is described as being in a quiet neighborhood in Allentown and has a history that includes use as a fire station and magistrate’s office, as well as real estate offices. The property currently operates as office headquarters for a real estate business.
Zoning is R-4. The information provided notes that many uses may require a Special Exception from South Whitehall Township, so prospective owners or tenants should review use requirements early in the planning process. Overall, the building’s combination of accessibility features, HVAC capacity, and flexible interior areas may appeal to professional firms seeking a solid, long-standing office facility with on-site support spaces.
Key Highlights
- Historic brick office building with commercial‑grade HVAC and a flat Carlisle rubber roof
- Handicap access and handicap‑accessible bathrooms
- Zoned R‑4; many uses may require a Special Exception from South Whitehall Township
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.5k | $7.80 |
| − Vacancy | −$1.3k | −$0.56 |
| EGI | $16.2k | $7.24 |
| − OpEx | −$4.1k | −$1.81 |
| NOI | $12.2k | $5.43 |
2,239 SF · lease $7.80/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$173.6K
$151.9K – $202.6K
NOI $12,155 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$439.9K
$384.9K – $513.2K
NOI $30,791 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Carova Acquistions LP
Real Estate Agency
JTR Real Estate ...
Property Management Company
First Choice Credit ...
Financial Advisor
Carova Lease 2 ...
Shopping Center & Mall
Phr Labs Llc
Laboratory
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Historic brick office building with commercial-grade HVAC, accessible restrooms, and a flat rubber roof.
Where is this office building located?
The property is located at 2041 Lawfer Ave Allentown, PA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Historic brick office building with commercial‑grade HVAC and a flat Carlisle rubber roof; Handicap access and handicap‑accessible bathrooms; Zoned R‑4; many uses may require a Special Exception from South Whitehall Township
