Three-Story Office Building with
523 W Linden Street, Allentown, PA 18101
New
SINGLE_FAMILY - Allentown City, PA
Type:Office
Property size:
3,003 SFLot size:
0.05 AcresPrice / SF:
$99/SF- Added:
- Jun 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 13 at 7:06 am
Property Features for 523 W Linden Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- R-H
- Parking
- 4
- Parking features
- Off Street, Garage, On Street
- Standard status
- Active
- APN
- 640711632043-1
- Size
- 3,003 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4678
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1856
- Building materials
- Stucco
Listing agent Jessie Cevallos (610) 882-3135
Listing office BetterHomes&GardensRE/Cassidon 632 5th Street, PA (610) 266-2661
Listing date Jun 12, 2026
MLS# 778809
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.
HighLights
- Three‑story office building in Center City Allentown, steps from the Lehigh County Courthouse and PPL Center
- Flexible layout with reception, multiple private offices, flex space, powder room, kitchen, full bath, and storage across floors
- Heating: natural gas; Cooling: central air; high‑efficiency gas boiler (2026) and energy‑efficient lighting
- Ethernet connectivity and office‑ready setup
- Parking: four off‑street spaces plus on‑street and garage/off‑street options, with a side service entrance
Overview
This three-story office building offers a flexible layout designed for office use, with multiple private offices, flex space, and a reception area on the first floor. The building includes central air conditioning, energy-efficient lighting, and ethernet connectivity, along with a powder room and a side service entrance. The first level also has additional rooms suitable for various office needs.
On the second floor, the property features four well-appointed offices with inlaid hardwood flooring, plus a kitchen, a full bath, and storage areas. The third floor provides additional office space and storage. A high-efficiency gas boiler is listed as installed in 2026. The building also includes four off-street parking spaces.
Located in the heart of Center City Allentown, the property is described as steps from the Lehigh County Courthouse and near PPL Center and the Arts Walk, surrounded by cafes, restaurants, and shops. With its reception area, private offices, and service entrance, the building can suit businesses looking for a traditional multi-office arrangement, while the listed zoning (R-H) supports both mixed-use or residential conversion options for adaptive reuse.
On the second floor, the property features four well-appointed offices with inlaid hardwood flooring, plus a kitchen, a full bath, and storage areas. The third floor provides additional office space and storage. A high-efficiency gas boiler is listed as installed in 2026. The building also includes four off-street parking spaces.
Located in the heart of Center City Allentown, the property is described as steps from the Lehigh County Courthouse and near PPL Center and the Arts Walk, surrounded by cafes, restaurants, and shops. With its reception area, private offices, and service entrance, the building can suit businesses looking for a traditional multi-office arrangement, while the listed zoning (R-H) supports both mixed-use or residential conversion options for adaptive reuse.
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 | $23.4k | $7.80 |
| − Vacancy | −$1.7k | −$0.56 |
| EGI | $21.7k | $7.24 |
| − OpEx | −$5.4k | −$1.81 |
| NOI | $16.3k | $5.43 |
3,003 SF · lease $7.80/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$232.9K
$203.8K – $271.7K
NOI $16,303 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$590.0K
$516.2K – $688.3K
NOI $41,297 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
The Law Offices of Maureen ...
Law Firm
Kasick Samuel R
Law Firm
Special Investigations Agency ...
Law Firm
Joseph C. Bernstein ...
Law Firm
Beier Law
Law Firm
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.469548
- Latitude
- 40.604654
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Three-floor office building with flexible layouts, central air, and four off-street parking spaces plus side service access.
Where is this office building located?
The property is located at 523 W Linden Street Allentown, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three‑story office building in Center City Allentown, steps from the Lehigh County Courthouse and PPL Center; Flexible layout with reception, multiple private offices, flex space, powder room, kitchen, full bath, and storage across floors; Heating: natural gas; Cooling: central air; high‑efficiency gas boiler (2026) and energy‑efficient lighting
