1027-1047 Union Blvd Allentown, PA 18109
This exceptional multi-tenant investment package comprises three parcels totaling 1.6 acres in Allentown, Pennsylvania's desirable B3 Highway Business zoning district. The portfolio boasts a combined net rentable area of 25,831 square feet, distributed across several buildings. 951 N Jerome Street features an 11,781 square foot building, including a 9,261 square foot warehouse and a 2,520 square foot office space. At 1027 Union Boulevard, a 8,330 square foot building offers 4,330 square feet of office space. Finally, 1047 Union Boulevard houses a 5,720 square foot retail store, and an additional 4,000 square foot retail space is located within the 1027 Union Boulevard building. The property's diverse mix of warehouse, office, and retail spaces caters to a wide range of tenants, offering significant income potential and long-term stability. The asking price for this prime Allentown investment opportunity is $1,600,000. Individual building square footage ranges from 5,720 to 11,781 square feet. This property presents a compelling opportunity for investors seeking a diversified portfolio with strong rental income and significant upside potential in a thriving Pennsylvania market. The property is located in Lehigh County, PA, zip code 18109.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.