Mixed-Use Property with
4240 W Tilghman Street, Allentown, PA 18104
For Sale
New
$3,800,000
CommercialSale, South Whitehall Twp, PA
Property Size21,248 SF
Lot Size1.31 Acres
Price / SF$178.84
Days on Market2
Property Features for 4240 W Tilghman Street
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Cooling system
Water source
Amenities
open-concept lobby
conference rooms
executive offices
flexible workspace configurations
substantial electrical capacity
two-bedroom apartment
Building Details
Year built
Buildings
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
James J. Balliet · License #PA RS227612L
(610) 972-6808
Added: Nov 6
Last Checked: Nov 7 at 5:06PM
MLS# 787619
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 21,248-square-foot property comprises two buildings on 1.309 acres. The main building includes approximately 5,216 square feet of office space, a 2,146-square-foot mill shop, and a two-bedroom apartment above the office. Industrial features include power and exhaust in the mill shop, along with warehouse space. A separate building adds approximately 3,000 square feet of warehouse area divided among five bays, each with 12-foot clearance.
Zoned HC, the property is in South Whitehall Township with access to Route 309, Interstate 78, and Route 22. Public water and public sewer serve the site. Central air conditioning and a parking lot are also present.
Zoned HC, the property is in South Whitehall Township with access to Route 309, Interstate 78, and Route 22. Public water and public sewer serve the site. Central air conditioning and a parking lot are also present.
Key Highlights
- Two buildings totaling 21,248 square feet on 1.309 acres
- Approximately 5,216 square feet of office space in the main building
- 2,146‑square‑foot mill shop with industrial power, exhaust, and 12.5‑foot clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$207,487
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,149,740
$4.1M
Cap Rate 7%
$2,964,100
$3.0M
Cap Rate 9%
$2,305,411
$2.3M
Market Conditions
NOI Build-Up for 21,248 SF
Gross rent
$357.0K $16.80/SF
− Vacancy
−$25.0K −$1.18/SF
EGI
$332.0K $15.62/SF
− OpEx
−$124.5K −$5.86/SF
NOI
$207.5K $9.76/SF
Area
Allentown, PA
Vacancy
7.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,149,740
Cap Rate 7%
$2,964,100
Cap Rate 9%
$2,305,411
Alternative Uses
Best Use
Mixed Use
$2.96M
$2.59M – $3.46M
NOI $207,487 @ 7.0% cap · market cap 5.46%
Second Best
Warehouse
$1.88M
$1.64M – $2.19M
NOI $131,355 @ 7.0% cap · market cap 3.46%
Theoretical Best
Specialty Retail
$4.17M
$3.65M – $4.87M
NOI $292,202 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Explore this area
Business Placement
Demographics for 18104, PA
47,289
Population
18,686
Households
2.5
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
23.0 sq mi
ZIP Area
2,056
Density / Sq Mi
$94,279
Median Household Income
$48,585
Median Earnings
$1,620
Median Rent
$296,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Allentown, PA
Properties on Market for Mixed-use properties in Allentown
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, industrial, storage, and residential components are located on a single 1.309-acre site.
Where is this mixed-use property located?
The property is located at 4240 W Tilghman Street Allentown, PA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Two buildings totaling 21,248 square feet on 1.309 acres; Approximately 5,216 square feet of office space in the main building; 2,146‑square‑foot mill shop with industrial power, exhaust, and 12.5‑foot clearance
