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    667 Union Blvd Allentown, PA 18109

    For Sale
    $12,000,000

    7,356 SF Office, Owner/User Opportunity

    Property size:
    7,356 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7,356 square foot creative office building, situated on a 13,634 square foot lot at 667 Union Blvd in Allentown, Pennsylvania, presents a compelling investment opportunity for owner-users or investors. Built in 1961 and extensively renovated in 2014, this two-story Class C building boasts a flexible layout ideal for single or multi-tenant occupancy. The first floor features a welcoming open lobby, expansive workstation areas, three versatile conference rooms, two private offices, ample storage space, a convenient kitchenette, and multiple restrooms. The second floor offers a variety of private office spaces, catering to diverse needs, along with additional restrooms. A small basement provides extra storage. The property includes on-site parking for up to 14 vehicles, supplemented by readily available on-street parking. Located on bustling Union Blvd, this property offers easy access to downtown Allentown amenities and Route 22, ensuring excellent visibility and convenient commuting. The building is zoned B-3 Highway Business. The asking price is $12,000,000. This property presents a rare opportunity to acquire a well-maintained, adaptable office space in a prime Allentown location.

    Property Features for 667 Union Blvd

    General Information

    Property type
    Office space
    Square Feet
    7,356 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1961/2014
    Stories
    2

    HighLights

    • $12,000,000 asking price.
    • 7,356 square foot Creative Office building.
    • Located at 667 Union Blvd, Allentown, PA 18109.
    • Class C building, built in 1961, renovated in 2014.
    • Features two stories, 14 parking spaces, and a 13,634 square foot lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ideal Concepts, Inc. Software Company iWebQuotes.com Insurance Agency American Insurance Organization Insurance Agency SalesRadix (Ideal Concepts, ... Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4483415214
    Latitude
    40.624346410085

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    FAQs

    What type of property is this?
    Office space - 7,356 SF Office, Owner/User Opportunity
    Where is this office space located?
    The property is located at 667 Union Blvd Allentown, PA.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: $12,000,000 asking price.; 7,356 square foot Creative Office building.; Located at 667 Union Blvd, Allentown, PA 18109.
    Request Owner's contact information
    667 Union Blvd Allentown, PA 18109
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    Allentown, PA 18109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    667 Union Blvd Allentown, PA 18109
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