Property profile

937 W Walnut St Allentown, PA 18102

FOR SALE
Other investment properties
Property ID
US73-5820231
2,376 SF 0.05 ac lot Built 1900
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This property consists of approximately 800 square feet of street-level retail space in Downtown Allentown. The unit includes a reception area and one bathroom, and it is delivered in V-shell condition. The space is configured to support service-office and similar professional uses such as a service office, tax office, notary office, or salon. The location is in the downtown district and is positioned near major employers and redevelopment areas, including the PP&L area and the Da Vinci Science Center, a facility that includes an approximately 67,000-square-foot structure with approximately 30,000 square feet of interactive exhibits.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction BRICK
Total area 2,376 SF
Lot 0.05 ac (2,100 SF)
Zoning code B-2
APN 549699749192-1
UPID US73-5820231

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Consultant

Location

937 W Walnut St Allentown, PA 18102
Allentown metro Census 9700 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2004
1 recorded transaction
2004
$395,000

Zoning & alternative use

B-2 · Allentown, PA
Zoning description

ely residential, the sign regulations shall apply that would otherwise apply to the R-M district, or its successor zoning district. For other portions of the PRD, the sign regulations shall apply that would apply to the…

General category CIVIC_INSTITUTIONAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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