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Property profile & analytics
OFF-MARKET
Medical Office Space

1726-1730 Chew St Allentown, PA 18104

7,796 SF 0.14 ac lot Built 1955
Entity Owned 4-yr Hold Free & Clear
Property ID
US73-1897439
Property summary
AI-generated overview

This exceptional mixed-use commercial building, located at 1726-1730 West Chew Street in Allentown, Pennsylvania, offers 11,554 square feet of versatile office space across three levels. Ideally situated across from the Allentown Fairgrounds, this prime location presents significant business opportunities. The building features a finished first floor encompassing 3,849 square feet, including a lobby, reception area, two restrooms, a kitchen, seven office/exam rooms, and a conference room. The second floor mirrors this layout, also offering 3,849 square feet with a lobby, reception area, two restrooms, eighteen office/exam rooms, and a conference room. The 3,758-square-foot basement provides a common area, kitchen, restroom, and six additional offices. This adaptable space is perfect for various uses, including government agencies, business offices, legal practices, and financial/professional services. Consider creating a co-working space to capitalize on current market trends. Building amenities include an elevator, sprinkler system, fire alarms, and two handicapped-accessible parking spaces. The property is being sold under auction terms. An open house is scheduled for September 12, 2024, from 5:00 PM to 7:00 PM. The auction will be held on September 19, 2024, at 6:00 PM. The asking price is $699,900. The 0.14-acre lot is zoned for mixed-use development. This is a vacant property.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1955
Total area 7,796 SF
Lot 0.14 ac (6,000 SF)
Zoning code R-M
APN 549649552027-1
UPID US73-1897439
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kaad Commercial LLC · 4 yrs held
Kaad Commercial LLC
since 2021
Last sale
$400,000
2 recorded transactions
2021
$400,000
2021
$400,000
Zoning & alternative use
R-M · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

tract. The tract should have a central focal point, such as a landscaped central green space. (4) For portions of the PRD that are entirely residential, the sign regulations shall apply that would otherwise apply to the R-M district, or its successor zoning district. For other portions of the PRD, the sign regulations shall apply that would apply to the B-2…

Zone name Medium Density Residential
General category RESIDENTIAL
Zone area 1,692.95 ac
Source Zoning Ordinance
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