1021 Turner St Allentown, PA 18102-3879
This exceptional 1,500 square foot storefront, located at 1021 W Turner Street in Allentown's vibrant Lehigh Valley submarket, presents a unique investment opportunity. Housed within a historically significant, mixed-use building (APN: 549780676957-1) undergoing a complete 2023 restoration, this single-tenant space is slated for completion in March 2024. The property boasts attractive features including exposed brick, large storefront windows designed to maximize natural light and visibility, and convenient on-street parking. The building, constructed in 1740, offers a blend of historical character and modern functionality. This retail space is ideally situated in a walkable neighborhood, providing easy access to downtown Allentown and benefiting from its proximity to C.E. Roth retailer. Public water and sewer services are available, and the property is conveniently served by public transportation. The zoning is RMH. The total building size is 6,960 square feet, spread across two stories, within a single building. There are no elevators. This is a rare chance to secure a prime retail location in a revitalized area with significant foot traffic and strong potential for growth. The space is perfect for a variety of retail or office uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-MH · Allentown, PAAllentown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.