Allentown PA Real Estate & Homes for Rent

Property offers approximately 2,760 sqft of space with 1 bathroom. Sale includes the side property at 133 Chestnut Street providing added value. With a commercial property of this size, possibilities are endless. Potential opportunities could include: 1. Retail Store: The spacious floor space can accommodate a retail store allowing for a variety of products or services. 2. Office Space: The property could be converted into office space, providing a suitable environment for businesses. 3. Restaurant: The size & location make it ideal for a restaurant or café, serving the local community & attracting customers from nearby areas! 4. Fitness Center: With the growing interest in health & wellness, converting the property into a fitness center or gym can cater to those looking for a place to exercise. These are just a few ideas for the property but the possibilities are endless. It ultimately depends on market demand, zoning regulations & your preferences and goals for the property!

Investment Opportunity available for sale in Downtown Allentown, PA. This mixed-use four (4) unit property is +/- 6,102 SF that features a ground-level retail space of +/- 3,450 SF; three (3) two-bedroom (1) bathroom residential apartments that are ready to be leased for $1,950 to $2,000 per month based on area comps. The building was completely renovated throughout, with all the residential units comprised of breathtaking views through the newly replaced bay windows. All the units are separately metered and offer min-split air units along with washer and dryer hookups. The retail space is zoned B-2, which allows use for an Art gallery, Restaurant, Trade School, And a wide variety of Personal Services. The building is located one block from major Development such as (NIZ) Neighborhood Improvement Zone. The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than half-billion dollars in redevelopment and is still urged to do more due to demand. The NIZ is a powerful program that aided in the development of the PP&L Event Center (Home to the Lehigh Valley Phantoms), multiple Class A high-rise office buildings, restaurants, retail, apartments, and the newly approved Da Vinci Science Center, which will feature a +/-67,000 SF structure based on renderings and to offer +/-30,000 SF of interactive exhibits. Current plans call for groundbreaking in spring 2022, with an opening date of spring 2024. ANIZDA has already Approved funding of 10.7 Million in addition to public improvement projects. Join the fastest-growing city in PA, Home to Fortune 500âs Landmark regional brands, local businesses, and startups. Call today for additional details.

+/- 800 SF for lease in Downtown Allentown. The space was newly renovated with hardwood floors, a small space for office or storage use, and three-phase electric and cooling. Great use for a spa, nail salon, or small office. For additional information, please get in touch with the listing agent. The space is located one block from a special tax district called the Neighborhood Improvement Zone (NIZ). The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown, PA, and along the western side of the Lehigh River. The NIZ program has Spurred more than half-billion dollars in redevelopment and is still urged to do more due to demand.