531 S Clewell St, Fountain Hill, PA 18015

This exceptional redevelopment opportunity presents a 14,000-square-foot retail property located at 531 S Clewell St, Fountain Hill, PA 18015, in Lehigh County. The property, situated on a one-acre parcel, offers significant potential for mixed-use development. Previously utilized as a daycare and auto repair garages, this building presents a blank canvas for a variety of commercial ventures. The asking price is $850,000, translating to $60.71 per square foot. The property consists of one building with three units, all 14,000 square feet of which are net rentable. Its prime location near Lehigh University provides excellent visibility and accessibility. Ample on-site parking is available. The property is being sold "as is," presenting a unique chance to create a thriving business or multi-family development. Seller financing is a possibility, with a $375,000 down payment and a 7.5% interest rate for three years, with no prepayment penalty. This large lot offers considerable flexibility for a variety of development plans. The property's strategic location and substantial size make it an attractive investment for those seeking a high-impact redevelopment project.