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531 Clewell St Fountain Hill, PA 18015

For Sale
$850,000

Mixed-use potential, 14,000 SF, Lehigh University proximity.

Property size:
14,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional redevelopment opportunity presents a 14,000-square-foot retail property located at 531 S Clewell St, Fountain Hill, PA 18015, in Lehigh County. The property, situated on a one-acre parcel, offers significant potential for mixed-use development. Previously utilized as a daycare and auto repair garages, this building presents a blank canvas for a variety of commercial ventures. The asking price is $850,000, translating to $60.71 per square foot. The property consists of one building with three units, all 14,000 square feet of which are net rentable. Its prime location near Lehigh University provides excellent visibility and accessibility. Ample on-site parking is available. The property is being sold "as is," presenting a unique chance to create a thriving business or multi-family development. Seller financing is a possibility, with a $375,000 down payment and a 7.5% interest rate for three years, with no prepayment penalty. This large lot offers considerable flexibility for a variety of development plans. The property's strategic location and substantial size make it an attractive investment for those seeking a high-impact redevelopment project.

Property Features for 531 Clewell St

General Information

Property type
Day care centers
Square Feet
14,000 SF

Building Details

Buildings
1
Units
3

HighLights

  • Excellent Lehigh University proximity.
  • Over one‑acre lot.
  • High potential for multifamily or commercial redevelopment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Day care centers

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Fountain Hill
County
Lehigh
State
Pennsylvania
Longitude
-75.390818187217
Latitude
40.602646556291

FAQs

What type of property is this?
Day care center - Mixed-use potential, 14,000 SF, Lehigh University proximity.
Where is this day care center located?
The property is located at 531 Clewell St Fountain Hill, PA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Excellent Lehigh University proximity.; Over one-acre lot.; High potential for multifamily or commercial redevelopment.
More about this property
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