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    837 Fenwick St Allentown, PA 18109

    Sponsored
    For Sale
    $2,500,000

    Multi-tenant flex & warehouse space.

    Property size:
    2,392 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Allentown, PA industrial portfolio presents a compelling investment opportunity. Comprising four buildings totaling 65,775 net rentable square feet, this property offers a diverse range of spaces suitable for various business needs. The portfolio includes 837 N Fenwick St (9,200 sq ft on 0.61 acres, built in 1971), 838 N Gilmore St (9,520 sq ft on a 120' x 130' lot, built in 1963), 858 N Gilmore St (2,392 sq ft on a 55' x 130' lot, built in 1961), and 864 N Gilmore St (44,663 sq ft on approximately 2 acres, built in 1963). The buildings are zoned for Business/Light Industrial use, providing flexibility for a wide array of tenants. Strategically located in Lehigh County, near Route 22, just off Airport Road and Union Boulevard, where North Gilmore Street and East Cedar Street meet, this portfolio benefits from excellent accessibility and visibility. The asking price for this multi-tenant property is $2,500,000. Individual building sizes range from 2,392 to 44,663 square feet, offering a variety of options for potential buyers or investors seeking a strong return on investment in a prime Allentown location. The property's age ranges from 1961 to 1971.

    Property Features for 837 Fenwick St

    General Information

    Property type
    Distribution properties
    Square Feet
    2,392 SF
    Lot Size
    26,572 SF

    HighLights

    • 837 N Fenwick St, 9,200 SF on 0.61 acres, built in 1971.
    • 838 N Gilmore St, 9,520 SF on a 120' x 130' lot, built in 1963.
    • 858 N Gilmore St, 2,392 SF on a 55' x 130' lot, built in 1961.
    • 864 N Gilmore St, 44,663 SF on approximately 2 acres, built in 1963.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -75.4484542
    Latitude
    40.6217543

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    FAQs

    What type of property is this?
    Distribution property - Multi-tenant flex & warehouse space.
    Where is this distribution property located?
    The property is located at 837 Fenwick St Allentown, PA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 837 N Fenwick St, 9,200 SF on 0.61 acres, built in 1971.; 838 N Gilmore St, 9,520 SF on a 120' x 130' lot, built in 1963.; 858 N Gilmore St, 2,392 SF on a 55' x 130' lot, built in 1961.
    Request Owner's contact information
    837 Fenwick St 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
    837 Fenwick St Allentown, PA 18109
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