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659 Broad St Emmaus, PA 18049

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For Sale
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Approved for 28 units, partially renovated, ideal for redevelopment.

Property size:
17,658 SF
Lot size:
30,971.00 Acres

Property Features for 659 Broad St

General Information

Standard status
Active
Zoning
R-HO
Size
17,658 SF
Lot size
30,971.00 Acres

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Listing Contact
Sam Del Rosario
Source: Crexi

Listing Agency: Serhant Real Estate Listing Agent: Sam Del Rosario

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Emmaus Redevelopment Opportunity: 55+ Apartments

This property presents a redevelopment opportunity in Emmaus, approved for conversion into a 55+ age-restricted multifamily apartment building. Situated on approximately 0.71 acres (30,971 square feet), the site features a three-story structure originally constructed in 1922, with an addition built in 2004. Approvals are in place for 28 residential units, accommodating 34 beds in studio, one-bedroom, and two-bedroom apartments, in accordance with the borough overlay and conditional use framework. The property, formerly an assisted living facility, is currently vacant and in mid-construction. Interior demolition, subflooring, and framing are largely complete. Electrical demolition and temporary service are established, and major plumbing has been installed. Existing systems include an elevator, sprinkler system, and smoke control. Major electrical components are included, such as a new pole, custom meter bank, CT box, apartment panels, service cable, and extensive wiring. New flooring for approximately half of the units is included, and damaged windows have been replaced. A burglar system is installed and active. The property is located in Emmaus, a supply-constrained Lehigh Valley submarket with limited new multifamily inventory and high barriers to entry. It offers convenient access to I-78, Route 29, and the PA Turnpike (476), providing connectivity to Allentown and Bethlehem. A construction manager and trades are available to assist the buyer in completing the renovation and stabilization. Plans and approvals are available to qualified buyers.
Location Intelligence

Current Use by Public Records

Renaissance Home Emmaus Nursing Home

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Emmaus
County
Lehigh
State
Pennsylvania
Longitude
-75.4966635
Latitude
40.5308213

FAQs

What type of property is this?
Apartment building - Approved for 28 units, partially renovated, ideal for redevelopment.
Where is this apartment building located?
The property is located at 659 Broad St Emmaus, PA.
What are key features of this property?
This property features: - Approved redevelopment for **28 residential units** (55+ age-restricted multifamily apartment building).; - Located in Emmaus, a supply-constrained Lehigh Valley submarket with limited multifamily inventory.; - Existing infrastructure includes **elevator, sprinkler system, smoke control**, and significant electrical components.
More about this property
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