Central Business Commercial
For Sale
$1,099,900
953 W Walnut Street, Allentown, PA 18102
ResidentialIncome, Allentown City, PA
Property Size1,086 SF
Lot Size0.12 Acres
Price / SF$1,012
Days on Market48
Property Features for 953 W Walnut Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B-2-CENTRAL BUSINESS
Parking
10
Parking features
Off Street, On Street
Subdivision
Not in Development
Elementary school district
Allentown
Middle school district
Allentown
High school district
Allentown
Directions
South on 12th Street - Left on Walnut - Property on corner of 9th & Walnut
Standard status
Active
APN
549699630057001
Size
1,086 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
4250
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1950
Number of units
1
Listing Agency:
BHHS Regency Real Estate · Prudential Real Estate
(610) 432-5252
Listed By:
Andrew A. Ginsburg
(610) 393-0892
Added: Jul 13
Changed: Aug 19
Last Checked: Aug 29 at 7:06PM
MLS# 780645
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.124-acre commercial land parcel measures 50' x 108' and includes an existing 1,086-square-foot building constructed in 1950. The structure is currently rented, providing an existing use while future plans are evaluated. Electric heating, public water, and public sewer serve the property, with both off-street and on-street parking available.
Located at 953 W Walnut Street in Allentown City, the site is within the Neighborhood Improvement Zone and is near the new Maple Street Parking Deck. The surrounding development context includes the Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, restaurants, retail, and nightlife. B-2-CENTRAL BUSINESS zoning is described as having no maximum building height or maximum building coverage, while a neighboring lot has approval for a 34-story building.
Located at 953 W Walnut Street in Allentown City, the site is within the Neighborhood Improvement Zone and is near the new Maple Street Parking Deck. The surrounding development context includes the Divinci Science Center, PPL Event Center, Archer Music Hall, Moxy Hotel, restaurants, retail, and nightlife. B-2-CENTRAL BUSINESS zoning is described as having no maximum building height or maximum building coverage, while a neighboring lot has approval for a 34-story building.
Key Highlights
- 0.124‑acre commercial land parcel measuring 50' x 108'
- B‑2‑CENTRAL BUSINESS zoning with no maximum building height or maximum building coverage
- Located within the Neighborhood Improvement Zone (NIZ)
Property Analytics
Property Profile
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
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 - The site carries B-2-CENTRAL BUSINESS zoning and includes a rented existing structure.
Where is this commercial land located?
The property is located at 953 W Walnut Street 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: 0.124‑acre commercial land parcel measuring 50' x 108'; B‑2‑CENTRAL BUSINESS zoning with no maximum building height or maximum building coverage; Located within the Neighborhood Improvement Zone (NIZ)
