Renovated Office
For Sale
Contact for pricing
725 W Green St, Allentown, PA 18102
Fully occupied, multi-unit property with Highway Commercial zoning.
Property Size35,941 SF
Lot Size1.69 Acres
Price / SF$125.07
Days on Market52
Property Features for 725 W Green St
General Information
Standard status
Active
Size
35,941 SF
Lot size
1.69 Acres
Property subtype
OFFICE
Zoning
Highway Commercial
Occupancy
100%
Additional Details
Office Units
17
Building Details
Year Renovated
2020
Buildings
1
Building Size
35,941 SF
Tenancy
Multi
Listing Agency:
SVN | Imperial Realty
(484) 245-1000
Listed By:
Amy Hawley · License #AB045309A
(610) 217-1749
Source:
Moodyscre
Added: Aug 26
Changed: Oct 3
Last Checked: Oct 16 at 9:09AM
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 SVN | Imperial Realty
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Investment Insights
Based on property information with market context.
This 35,941-square-foot office and commercial building contains 17 units and has undergone renovations in 2011 and 2020. The property is currently 100% occupied and carries Highway Commercial zoning.
The site is positioned at 725 W Green St in Allentown, Pennsylvania, within the Lehigh Valley area. The primary lot encompasses .973 acres, while the combined land area across all 3 lots totals 1.6895 acres.
The site is positioned at 725 W Green St in Allentown, Pennsylvania, within the Lehigh Valley area. The primary lot encompasses .973 acres, while the combined land area across all 3 lots totals 1.6895 acres.
Key Highlights
- 35,941 SF office/commercial building
- 17 units
- Renovations completed in 2011 and 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$195,117
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,902,340
$3.9M
Cap Rate 7%
$2,787,386
$2.8M
Cap Rate 9%
$2,167,967
$2.2M
Market Conditions
NOI Build-Up for 35,941 SF
Gross rent
$280.3K $7.80/SF
− Vacancy
−$20.2K −$0.56/SF
EGI
$260.2K $7.24/SF
− OpEx
−$65.0K −$1.81/SF
NOI
$195.1K $5.43/SF
Area
Allentown, PA
Vacancy
7.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,902,340
Cap Rate 7%
$2,787,386
Cap Rate 9%
$2,167,967
Alternative Uses
Best Use
Office B
$2.79M
$2.44M – $3.25M
NOI $195,117 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.06M
$6.18M – $8.24M
NOI $494,261 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
17
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,810
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Fully occupied, multi-unit property with Highway Commercial zoning.
Where is this office building located?
The property is located at 725 W Green St Allentown, PA.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: 35,941 SF office/commercial building; 17 units; Renovations completed in 2011 and 2020
