502-606 Lehigh St Allentown, PA 18103
- Land
- 3.60 lot acres
Current Use by Public Records
- Land
Property Details for 502-606 Lehigh St
- Lot size
- 3.60 lot acres
- Property type
- Land
Description
This exceptional 3.6-acre property in Allentown, Pennsylvania, presents a unique redevelopment opportunity. Located at 502-606 Lehigh Street (APN 640627395559-1), this offering encompasses four parcels totaling 3.6 acres. The parcels include a mix of zoning classifications: two commercial, one industrial, and one residential. This allows for diverse development possibilities, ranging from commercial and industrial ventures to multifamily residential projects (with a variance). The Lehigh Valley's robust economy, currently ranked among the nation's top 5 for economic growth, makes this a highly attractive investment. The site's current occupants, a thriving auto dealership and repair shop, along with a residential home, offer potential for immediate income generation. The property's central location within Allentown, zip code 18103, provides excellent accessibility and visibility. This is an exceptional chance to acquire a significant land holding in a rapidly growing market. Serious inquiries are encouraged. The asking price is $1,200,000.
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
- -75.4673
- Latitude
- 40.5956
