1027-1047 Union Blvd Allentown, PA 18109
- Warehouses
- 5,720 SF
- 1.60 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1027-1047 Union Blvd
- Lot size
- 1.60 lot acres
- Property size
- 5,720 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4403
- Latitude
- 40.6245
