Commercial Land with Existing
For Sale
$1,099,900
953 W Walnut St, Allentown, PA 18102
B-2-zoned land in the Neighborhood Improvement Zone with an existing rented building.
Property Size1,086 SF
Price / SF$1,012
Days on Market8
Property Features for 953 W Walnut St
General Information
Standard status
Active
Size
1,086 SF
Property subtype
Multi-Family
Building Details
Year Built
1950
Listing Agency:
BHHS Regency Real Estate
(610) 393-0892
Listed By:
Andrew A. Ginsburg
Source:
Jennysoldmine
Added: Aug 25
Changed: Aug 31
Last Checked: Aug 31 at 7:15PM
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 BHHS Regency Real Estate
Investment Insights
Based on property information with market context.
This B-2-zoned commercial land parcel includes an existing building constructed in 1950 that is currently rented. The property is located within Allentown’s Neighborhood Improvement Zone, where the stated zoning allows no maximum building height and no maximum building coverage.
The site is near the Maple Street Parking Deck and the Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, restaurants, retail, and nightlife. A neighboring lot has approval for a 34-story building, providing additional context for the surrounding development pattern.
The site is near the Maple Street Parking Deck and the Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, restaurants, retail, and nightlife. A neighboring lot has approval for a 34-story building, providing additional context for the surrounding development pattern.
Key Highlights
- B‑2 zoning with no maximum building height or building coverage
- Located within the Neighborhood Improvement Zone (NIZ)
- Existing building constructed in 1950 and currently rented
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 18102, PA
51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - B-2-zoned land in the Neighborhood Improvement Zone with an existing rented building.
Where is this commercial land located?
The property is located at 953 W Walnut St Allentown, PA.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: B‑2 zoning with no maximum building height or building coverage; Located within the Neighborhood Improvement Zone (NIZ); Existing building constructed in 1950 and currently rented
