937 Walnut St Allentown, PA 18102
- Investment properties
- 2,376 SF
- 0.05 lot acres
Current Use by Public Records
- Juice Junkeez / Cafe
- Tamattix / Consultant
Property Details for 937 Walnut St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.05 lot acres
- Property size
- 2,376 SF
- Zone code
- B-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 549699749192-1
- APU
- 5496997491921
Description
This exceptional 800-square-foot retail space is available for lease at 937 Walnut Street in Allentown, Pennsylvania. Located in the heart of Allentown's vibrant downtown, this single-tenant property offers unparalleled visibility and convenience. Built in 1900, the space is situated within a larger building totaling 2,376 square feet and is currently offered in a vanilla shell condition. The property includes one bathroom and a reception area, providing a functional layout adaptable to a variety of uses. Ideal for businesses such as service offices, tax preparation services, notary services, or salons, this location benefits from its proximity to newly developed Class A office spaces, apartments, and retail establishments, ensuring high foot traffic and a strong customer base. The property's central location also places it near significant landmarks like the PP&L building and the newly constructed Da Vinci Science Center, a 67,000-square-foot structure with extensive interactive exhibits, further enhancing its appeal and attracting a diverse clientele. The property is zoned B-2-Central Business (APN: 549699749192 001, Lehigh County). This is a rare opportunity to secure a well-positioned retail space in a thriving downtown area. Contact us today to learn more and schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $330,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $295,000
- Mixed-Use
- $290,000
- Hospitality
- $315,000
- Educational
- $320,000
- Residential Income
- $305,000
- Energy
- $385,000
- Income-Based Land
- $340,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4763
- Latitude
- 40.5996
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA