Three-Story Office Building with Service
For Sale
$299,900
523 W Linden Street, Allentown, PA 18101
SINGLE_FAMILY - Allentown City, PA
Property Size3,003 SF
Lot Size0.05 Acres
Price / SF$99.87
Days on Market52
Property Features for 523 W Linden Street
General Information
Property type
Residential
Property subtype
Office
Zoning
R-H
Parking
4
Parking features
Garage, Off Street, On Street
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
145 South/MacArthur Rd; Right on N 5th; Right on Linden St. Property will be on right.
Subdivision
Allentown-Central
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
Amenities
gas boiler
central air conditioning
energy-efficient lighting
ethernet connectivity
side service entrance
Building Details
Year built
1856
Building materials
Stucco
Listing Agency:
BetterHomes&GardensRE/Cassidon
(610) 266-2661
Listed By:
Jessie Cevallos
(610) 882-3135
Added: Jun 12
Changed: Aug 2
Last Checked: Aug 2 at 4:06AM
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.
Investment Insights
Based on property information with market context.
Three-story office building at 523 W Linden Street in Allentown offers a flexible layout across three levels. The first floor includes a reception area, multiple private offices, flex space, and a powder room. The second floor features four offices with inlaid hardwood flooring, along with a kitchen, full bath, and storage areas. The third floor provides additional office space and storage. The building has a natural gas heating system, central air conditioning, energy-efficient lighting, and ethernet connectivity, with a high efficiency gas boiler installed in 2026. Construction is stucco, supported by public water and public sewer. A side service entrance supports day-to-day access.
Parking is provided with four off-street parking spaces, along with garage, off-street, and on-street parking features. The property is located in Center City Allentown, steps from the Lehigh County Courthouse and near PPL Center, Arts Walk, and surrounding cafes, restaurants, and shops.
Zoning is R-H, with potential for mixed-use or residential conversion, supporting adaptive reuse considerations.
Parking is provided with four off-street parking spaces, along with garage, off-street, and on-street parking features. The property is located in Center City Allentown, steps from the Lehigh County Courthouse and near PPL Center, Arts Walk, and surrounding cafes, restaurants, and shops.
Zoning is R-H, with potential for mixed-use or residential conversion, supporting adaptive reuse considerations.
Key Highlights
- Three‑story office building with flexible office and flex space layout
- First‑floor reception, private offices, flex space, and powder room
- Inlaid hardwood flooring offices plus kitchen and full bath on the second floor
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,427
Businesses Nearby
Explore this area
Business Placement
Demographics for 18101, PA
5,108
Population
2,686
Households
1.9
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
0.3 sq mi
ZIP Area
17,027
Density / Sq Mi
$41,542
Median Household Income
$34,397
Median Earnings
$1,337
Median Rent
$153,800
Median Home Value
Market
Properties on Market for Office buildings in Lehigh County
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Three-story office building with central air, ethernet connectivity, and four off-street parking spaces, plus a side service entrance.
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 with flexible office and flex space layout; First‑floor reception, private offices, flex space, and powder room; Inlaid hardwood flooring offices plus kitchen and full bath on the second floor
