3.6 Acres in Thriving
For Sale
Contact for pricing
Pending
502-606 Lehigh St, Allentown, PA 18103
3.6 acres in Allentown, PA, redevelopment opportunity.
Property SizeContact for details
Lot Size3.60 Acres
Days on Market1371
Property Features for 502-606 Lehigh St
General Information
Standard status
Pending
Lot size
3.60 Acres
Property subtype
Land
Listing Agency:
Paranee Property Management
Listed By:
Joe Paranee · License #RB068724
Source:
Crexi
Added: Nov 8, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:14AM
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 Paranee Property Management
Investment Insights
Based on property information with market context.
This sale encompasses four parcels located at 502, 522, 524, and 606 Lehigh St, Allentown, PA 18103, totaling 3.6 acres. The zoning includes commercial, industrial, and residential designations across the lots. Situated in the Lehigh Valley, which is currently ranked in the top 5 for economic growth in the nation, this site presents a redevelopment opportunity suitable for various applications. These range from commercial and industrial ventures to multifamily residential projects, potentially requiring a variance. Currently, the site hosts a successful automobile dealership and repair shop, along with a home, which could provide income.
Key Highlights
- 3.6 acres comprised of 3 parcels included in sale.
- Located in the thriving Lehigh Valley, ranked in the top 5 for economic growth nationally.
- Zoned for commercial, industrial, and residential use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,221
Businesses Nearby
Explore this area
Business Placement
Demographics for 18103, PA
48,358
Population
19,769
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
17.2 sq mi
ZIP Area
2,812
Density / Sq Mi
$72,545
Median Household Income
$38,377
Median Earnings
$1,333
Median Rent
$242,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 3.6 acres in Allentown, PA, redevelopment opportunity.
Where is this commercial land located?
The property is located at 502-606 Lehigh St Allentown, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3.6 acres comprised of 3 parcels included in sale.; Located in the thriving Lehigh Valley, ranked in the top 5 for economic growth nationally.; Zoned for commercial, industrial, and residential use.
