Property profile

402 Juniata St 420 Allentown, PA 18103

OFF-MARKET
Auto shops
Property ID
US73-3572194
4,469 SF 1.8 ac lot Built 1972
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 402 Juniata Street in Allentown, Pennsylvania (zip code 18103), offers a single-tenant retail space totaling 4,469 square feet. The entire building, excluding a lower level and an adjacent car lot, is available for lease at a monthly rate of $9,000. This space is ideally suited for a variety of retail uses. The property is situated in Lehigh County and benefits from high traffic volume. Utilities are the responsibility of the tenant, while property taxes are covered by the landlord. There is an option to lease the car lot separately, providing access to two garage bays for $5,500 per month. Alternatively, the garage space (excluding two bays) can be leased independently for $3,500 per month. This presents a unique opportunity for businesses seeking a prominent location in a busy Allentown commercial area. The property is currently vacant, offering immediate occupancy. The building's size and flexible leasing options make it an attractive prospect for a range of commercial enterprises. Interested parties should inquire for further details and leasing terms.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1972
Total area 4,469 SF
Lot 1.8 ac (78,321 SF)
Zoning code B-3
APN 640645255168-1
UPID US73-3572194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

402 Juniata St, Unit 420 Allentown, PA 18103-8200
Allentown metro Census 600 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2019
4 recorded transactions
2019
$500,000
2016
$350,000
2005
Price N/A
2005
$455,000

Zoning & alternative use

B-3 · Allentown, PA
Zoning description

IG- or IM-zoned lots or on lots that were classified in the B-3 zoning district on the day before the effective date specified 10-11 CITY OF ALLENTOWN PA Zoning Ordinance Article 10 Signs 660-101 Signs in MX-C, MX-S, GX-…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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