Updated Office/Medical
For Sale
Contact for pricing
449 W Linden Street, Allentown, PA 18102
Move-in-ready office and medical-use building with private rear parking and flexible suite layout.
Property Size3,108 SF
Price / SF$112.58
Days on Market57
Property Features for 449 W Linden Street
General Information
Standard status
Active
Size
3,108 SF
Total Parking Spaces
6
Property subtype
Special Purpose
Building Details
Year Built
1875
Stories
2
Listing Agency:
Century 21 KEIM REALTORS Allentown
Listed By:
Loren Keim · License #PA
Source:
Crexi
Added: Jun 10
Changed: Jul 10
Last Checked: Aug 4 at 5:24AM
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 Century 21 KEIM REALTORS Allentown
Investment Insights
Based on property information with market context.
This updated office/medical building is designed for professional and client-facing operations, with a flexible layout that supports both private offices and service areas. The first floor includes a reception area with a built-in counter, a comfortable waiting area, a spacious conference room or treatment space, a large open work area, 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. Property features include central air conditioning, attractive hardwood floors, and fresh paint.
Located in the heart of Allentown’s business, legal, and professional district, the building offers convenient downtown access and a practical parking setup. A private rear parking lot includes 5–6 dedicated spaces, with additional on-street parking for clients, patients, and staff. The property is one block from the Lehigh County Courthouse and Lehigh County Jail and is directly across from the Baum School of Art.
Most recently used as a chiropractic clinic and previously occupied by a law office, the building’s configuration lends itself to a range of tenants including medical, wellness, legal, accounting, consulting, and other professional services. With its patient/client reception areas, multiple treatment or office rooms, and second-floor space for additional staff or services, it can support both established practices and growing teams seeking a downtown, move-in-ready facility.
Located in the heart of Allentown’s business, legal, and professional district, the building offers convenient downtown access and a practical parking setup. A private rear parking lot includes 5–6 dedicated spaces, with additional on-street parking for clients, patients, and staff. The property is one block from the Lehigh County Courthouse and Lehigh County Jail and is directly across from the Baum School of Art.
Most recently used as a chiropractic clinic and previously occupied by a law office, the building’s configuration lends itself to a range of tenants including medical, wellness, legal, accounting, consulting, and other professional services. With its patient/client reception areas, multiple treatment or office rooms, and second-floor space for additional staff or services, it can support both established practices and growing teams seeking a downtown, move-in-ready facility.
Key Highlights
- 1875‑built office/medical‑use building with move‑in‑ready layout and recent updates
- Private rear parking lot with 5–6 dedicated spaces, plus abundant on‑street parking
- Central air conditioning, hardwood floors, and fresh paint throughout
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 - Move-in-ready office and medical-use building with private rear parking and flexible suite layout.
Where is this medical office space located?
The property is located at 449 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: 1875‑built office/medical‑use building with move‑in‑ready layout and recent updates; Private rear parking lot with 5–6 dedicated spaces, plus abundant on‑street parking; Central air conditioning, hardwood floors, and fresh paint throughout
