1415 Lehigh St Allentown, PA 18103-3811
This exceptional retail property, located at 1415 & 1425 Lehigh Street in Allentown, PA, presents a unique investment opportunity. The property encompasses a 2,380 square foot building situated on a sizable 2.02-acre lot, offering significant potential for various retail ventures. The land is divided into two parcels: Parcel 1 (1.33 acres, APN: 549692684224-1) and Parcel 2 (0.72 acres, APN: 549692572217-1). The property is zoned B-4 (Shopping Center Business District), ensuring flexibility for a wide range of commercial uses. Benefitting from a high-traffic location on Lehigh Street, with a cross street of S 12th Street, the property enjoys excellent visibility and accessibility. Daily traffic counts on Lehigh Street reach 9,907 vehicles, guaranteeing substantial exposure to potential customers. The property's strategic location provides easy access to major roadways, including Route 309, Route 22, and I-78, enhancing its appeal to both businesses and customers. Furthermore, the property enjoys the benefit of proximity to numerous established businesses, including Subway, H&R Block, State Farm, Dunkin' Donuts, CVS Pharmacy, Goodwill, Enterprise Rent-A-Car, and Hertz, creating a vibrant and thriving commercial environment. This property is available for both sale and lease, presenting a versatile option for prospective buyers and tenants.
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Ciocca Buys Cars Allentown Car Dealership
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
B-4 · 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.