746 Union St Allentown, PA 18101

Listing office Paranee Property Management

Listing date Nov 10, 2022

Source Crexi

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Investment Insights

Based on property information with market context.

Located in the heart of downtown Allentown, this property at 746 W Union Street offers a developable pad site or building lot. The site spans approximately 0.5 acres. Zoned for high-density residential use, the property is eligible for transfer into the Neighborhood Improvement Zone (NIZ). It is also situated within a Federal Opportunity Zone. The owner is open to considering a land lease or build-to-suit arrangement, in addition to a sale.

Key Highlights

• Premier .5 +/- acre developable pad site in downtown Allentown.
• Located one block from the Neighborhood Improvement Zone (NIZ) and $1.0 billion of new development.
• Currently zoned for high‑density residential.

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FAQs

What type of property is this?

Commercial land - Prime downtown Allentown location near Neighborhood Improvement Zone.

Where is this commercial land located?

The property is located at 746 Union St Allentown, PA.

What is the asking price?

The asking price for this property is $1,790,000.

What are key features of this property?

This property features: Premier .5 +/- acre developable pad site in downtown Allentown.; Located one block from the Neighborhood Improvement Zone (NIZ) and $1.0 billion of new development.; Currently zoned for high‑density residential.