1518 Walnut St 1526 Allentown, PA 18102-4406
This exceptional 2,338 square foot retail and showroom space is ideally situated at 1518 Walnut Street in Allentown, Pennsylvania, 18102. Located on the first floor of a two-story building (built in 1920), this single-tenant space boasts excellent street frontage on Walnut Street, offering high visibility and accessibility. The property features a convenient front entrance on Walnut Street and a drive-in side door on Fulton Street, along with on-site parking. The space is versatile and suitable for a variety of uses, including but not limited to grocery and convenience stores, sandwich shops, or laundromats. An additional 2,580 square feet of rear storage space is available separately. The property sits on a 0.48-acre lot within a vibrant community, close to St. Luke's Hospital Allentown Campus, Francis D Raub Middle School, Union Terrace Elementary School, and numerous high-rise apartment buildings. The property's zoning is R-MH. The total building size is 58,000 square feet, and the property's APN is 549667598172-1. This location offers easy access to major roadways, ensuring convenient access for both customers and employees. This presents a rare opportunity to establish a business in a highly desirable Allentown location.
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Rodriguez Appliances Home Appliance Store Hardware & Home Improvement
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Allentown Preservation League Charitable Organization Social Service Agency
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.