$525,000 513 North 16th Street Allentown, PA

MLS: 490001   Type: Commercial   County: Lehigh   City: Allentown   Area: Allentown-central   Zip: 18102   Style: Commercial,Office Building,Retail     Taxes: $10,802

Mortgage $2,465 /mo



Half Baths

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Approved 12,600sf Strip Mall Center Ready for Development of Office & Retail Space! Nearly 1 Acre Parcel with 60 Car On-Site Parking! Close Proximity to Lehigh Valley Hospital 17th Street, Allentown Farmers Market & Directly Across from Retail Center with CVS Pharmacy! Plans Include Utilizing Main Part of Masonry Structure while Remainder is to be Razed! Approved Plan for 6 Office or Retail Units: 2 3000sf Spaces, 1 2700sf Space, 1 1500sf Space & 2 1200sf Spaces! Full Plans on File for Review. The Existing Building is a 29,892sf Building which was the former PennAllen Glass Company which had its Office with Warehouse/Distribution Center on-site. Other Potential Uses Could be Discussed with Current Owners! Property is a Non-Conforming Use in the Residential RMH Zoning District. Call Today to Schedule a Tour & Discuss this Opportunity!

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Price History

2/24/2015 Listed $625,000
9/2/2015 5% - $599,900
5/31/2017 9% - $549,900
2/26/2018 5% - $525,000

Construction Frame, Masonry
County Lehigh
Potential Use Gift Shop, Industrial, Laundry, Manufacturing, Medical Service, Office, Professional Service, Retail, Shopping Center, Warehouse
Zoning Code RMH

Interior Features

Cooling None

Exterior Features

Frontage 157
Parking On Site
Parking Spaces 60
Sewer Public
Surfacetype Black Top, Gravel
Water Public

Property Schools

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Gallery (14 photos)

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Property vs Zip Code Avg (18102)

Price 525K Avg 253K

Sqr Feet 12,600 Avg 4,210

Cost / Sqr Ft $42 Avg $60

Taxes $10,802 Avg $6,418

Acres 0.97 Avg 1.23

Visits 208 Avg 11

Days on Site 1,244 Avg 216

Walkscore® 88 Avg 85

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Listing Provided Courtesy Of: Harvey Z Raad Real Estate

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Location & Address

eXp Realty Lehigh Valley

Pittsburgh, PA