2805 Lehigh St Allentown, PA 18103-7002
- Turn key restaurants
- 6,989 SF
- 1.35 lot acres
Current Use by Public Records
- Shaughnessy Golf / Golf Instructor
- Top golf / Restaurant
- The Sweet Spot / Restaurant
Property Details for 2805 Lehigh St
- Year built
- 2000
- Lot size
- 1.35 lot acres
- Property size
- 6,989 SF
- Zone code
- B-3
- Property type
- Turn key restaurants
- APN
- 549575678970-1
- APU
- 5495756789701
Description
This exceptional free-standing retail or restaurant space, formerly a Rodizio Grill, presents a unique investment opportunity in Lehigh County. The building boasts a substantial 6,989 square feet, with 6,700 square feet currently available for lease. Situated on a generous 1.346-acre lot, the property offers ample parking with 100 spaces to accommodate customers and staff. Its strategic location provides unparalleled visibility and accessibility, benefiting from its proximity to I-78 and an average daily traffic count of 140,000 vehicles. The existing building is in excellent condition, and the previous tenant's fixtures, fittings, and equipment (FF&E) remain in place, presenting a significant advantage for a quick and cost-effective setup. This single-tenant property is ideal for a variety of businesses seeking a high-traffic location with substantial space and ample parking. The property's size and location make it an attractive option for a restaurant or other retail establishment looking to establish a strong presence in a thriving area. The existing infrastructure and readily available parking significantly reduce the initial investment required for a new tenant. This is a rare opportunity to acquire a well-maintained, high-visibility property in a prime location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $460,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $714,000
Market price range: $462k - $1.28M
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Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4852
- Latitude
- 40.5624
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA