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502-606 Lehigh St - COMMERCIAL-INDUSTRIAL-RESIDENTIAL 3.6 ACRES

3.6 Acres of Commercial Land Offered at $1,200,000 in Allentown, PA 18103

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Property Facts

Price	$1,200,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial
No. Lots	1	Total Lot Size	3.60 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,200,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	3.60 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$1,200,000	Lot Size	3.60 AC
Price Per AC	$333,333

Price	$1,200,000
Price Per AC	$333,333
Lot Size	3.60 AC

LARGE RELATIVELY FLAT LOT WITH FANTASTIC ACCESS TO THRIVING DOWNTOWN ALLENTOWN

Description

THIS SALE INCLUDES 3 PARCELS 502, 522, 524 & 606 LEHIGH ST ALLENTOWN PA 18103 TOTALING 3.6 ACRES. TWO OF THE LOTS ARE ZONED COMMERCIAL ONE IS INDUSTRIAL AND ONE IS A RESIDENTIAL LOT. THIS SITE IS LOCATED IN THE CENTER OF THE THRIVING LEHIGH VALLEY WHICH IS CURRENTLY RANKED IN THE TOP 5 FOR ECONOMIC GROWTH IN THE NATION. THIS IS A FANTASTIC REDEVELOPMENT SITE THAT WOULD LEND ITSELF TO MANY APPLICATIONS FROM COMMERCIAL AND INDUSTRIAL TO MULTIFAMILY RESIDENTIAL PROJECTS WITH A VARIANCE. THERE IS CURRENTLY A VERY SUCCESSFUL AUTOMOBILE DEALERSHIP AND REPAIR SHOP PLUS A HOME LOCATED ON THESE PARCEL WHICH COULD BE INCOMING PRODUCING AS WELL.

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