Property summary
This exceptional 9,925-square-foot retail property, located at 3115 W Tilghman Street in Allentown, Pennsylvania, presents a compelling investment opportunity. Built in 1958 and boasting a 100% occupancy rate, this single-story, multi-tenant shopping center is situated on a heavily trafficked corridor in Allentown's West End. The center currently houses a diverse mix of established businesses including Nowhere Coffee Co., Budget Beverage, High End Smoke Shop, Gold Buyer, and Cigar Box. Recent capital improvements exceeding $1 million have enhanced the property's appeal and functionality. Each tenant benefits from prominent monument signage, with additional signage permitted on each building. Convenient access is provided by two main entrances on Tilghman Street, complemented by approximately 160 parking spaces. The property is zoned for commercial use and enjoys a prime location within a thriving region, benefiting from its proximity to major East Coast population centers like New York City, Philadelphia, Baltimore, and Washington, D.C. The Lehigh Valley's robust demographics, with a significant portion of households earning over $50,000 annually, underscore the strong potential for continued success and high returns. This fully leased retail center offers a rare opportunity to acquire a stable, income-generating asset in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
NC · Allentown, PAZoning
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