1726-1730 Chew St Allentown, PA 18104
- Medical offices
- 7,796 SF
- 0.14 lot acres
Current Use by Public Records
- Medical offices
Property Details for 1726-1730 Chew St
- Year built
- 1955
- Lot size
- 0.14 lot acres
- Property size
- 7,796 SF
- Zone code
- R-M
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 549649552027-1
- APU
- 5496495520271
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $475,000
- 6.5%
- $415,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $450,000
- Mixed-Use
- $440,000
- Hospitality
- $350,000
- Educational
- $375,000
- Residential Income
- $365,000
- Energy
- $385,000
- Income-Based Land
- $460,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4953
- Latitude
- 40.6002
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA