Updated Office and Medical
For Sale
$349,900
449 451 W Linden Street, Allentown, PA 18102
COMMERCIAL - Allentown City, PA
Property Size3,108 SF
Price / SF$112.58
Days on Market57
Property Features for 449 451 W Linden Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-H high residential
Parking
6
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
4th and Linden, West onto Linden. Property is on the right
Subdivision
Allentown-Central
Standard status
Active
APN
640721046736001
Size
3,108 SF
Taxes and HOA fees
Tax Annual Amount
5795
Utilities
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Central Air
Water source
Public
Building Details
Year built
1875
Flooring type
Wood
Building materials
Brick, Masonry
Roof type
Flat
Listing Agency:
CENTURY 21 Keim Realtors · Century 21 Real Estate
(610) 395-0393
Listed By:
Loren K. Keim Jr. · License #RB-045762-L
(877) 208-4158
Added: Jun 10
Changed: Aug 4
Last Checked: Aug 5 at 1:06AM
MLS# 778372
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.
Investment Insights
Based on property information with market context.
This updated two-story office and medical-use building offers a flexible layout for professional users. The first floor includes a reception area with a built-in counter, a waiting area, a spacious conference room or treatment area, a large open workspace, a private office, and a restroom. The second floor provides five private offices or treatment rooms, an additional open work area, and a second restroom. The building features central air conditioning, hardwood floors, and fresh paint, supporting a move-in-ready configuration for office or clinical operations.
The property is located in downtown Allentown, with access to both client and staff parking. It includes a private rear parking lot with five to six dedicated spaces, complemented by abundant on-street parking. The building sits one block from the Lehigh County Courthouse and Lehigh County Jail and is directly across from the Baum School of Art.
Designed to accommodate both client-facing and back-office functions, this property has supported professional uses previously and is described as suitable for medical, wellness, legal, accounting, consulting, and other service-oriented businesses. With multiple treatment or office rooms on the upper level, plus reception, waiting, and restroom facilities on the main level, it can fit a growing practice or a professional firm seeking downtown convenience and dedicated parking.
The property is located in downtown Allentown, with access to both client and staff parking. It includes a private rear parking lot with five to six dedicated spaces, complemented by abundant on-street parking. The building sits one block from the Lehigh County Courthouse and Lehigh County Jail and is directly across from the Baum School of Art.
Designed to accommodate both client-facing and back-office functions, this property has supported professional uses previously and is described as suitable for medical, wellness, legal, accounting, consulting, and other service-oriented businesses. With multiple treatment or office rooms on the upper level, plus reception, waiting, and restroom facilities on the main level, it can fit a growing practice or a professional firm seeking downtown convenience and dedicated parking.
Key Highlights
- Updated office/medical‑use building built in 1875 with brick/masonry construction and flat roof
- Central air conditioning, oil heating, public water, and public sewer
- Flexible layout with reception, waiting area, conference/treatment area, open workspace, private office, and restroom on the first floor
Financial Insights For Healthcare Medical
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 | $48.5k | $15.60 |
| − Vacancy | −$3.2k | −$1.01 |
| EGI | $45.3k | $14.59 |
| − OpEx | −$18.1k | −$5.83 |
| NOI | $27.2k | $8.75 |
3,108 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$388.6K
$340.0K – $453.3K
NOI $27,200 @ 7.0% cap · market cap 7.77%
Second Best
Office B
$241.0K
$210.9K – $281.2K
NOI $16,873 @ 7.0% cap · market cap 4.82%
Theoretical Best
Specialty Retail
$610.6K
$534.3K – $712.4K
NOI $42,741 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,673
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated two-story office building with central air, multiple private rooms, and a private rear parking lot.
Where is this medical office space located?
The property is located at 449 451 W Linden Street Allentown, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Updated office/medical‑use building built in 1875 with brick/masonry construction and flat roof; Central air conditioning, oil heating, public water, and public sewer; Flexible layout with reception, waiting area, conference/treatment area, open workspace, private office, and restroom on the first floor
