$685,000

1529 Hanover Avenue, Allentown, PA 18109, US

Summary

Style: Apartment Building,Garage,Retail
Sq Ft: 4215
Year Built: 1915

Moving Quotes

primary photo for 1529 Hanover Avenue, Allentown, PA 18109, US

Remarks

**Attention Investors & Business Owners** Here is a NEW LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS, a MECHANICAL CONTRACTOR'S GARAGE UNIT, & the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200 ACRES called *NORTHRIDGE*, projected by City Center Developer to create 2,227 construction jobs & 385 long-term positions, in addition to $9.35 million in annual tax revenue, making the future appreciation value of this property we are selling a SOLID choice to add to your investment portfolio. This MIXED-USE sale presents a lucrative opportunity for RENTAL INCOME, OWNER OCCUPIED BUSINESS USE and/or LONG-TERM APPRECIATION. There are AFFORDABLE TAXES & PUBLIC NATURAL GAS UTILITIES on site as well as CENTRAL A/C. Buyers will NOT be disappointed in the heavily traveled AVENUE LOCATION with a daily traffic count of almost 24,000 cars passing by per day & within minutes of ALL LEHIGH VALLEY major highways. Schedule a tour with The Listing Broker ASAP because we are expecting a fast sale due to LOW INVENTORY & HEAVY BUYER DEMAND. Please allow 48hr notice for scheduling to allow us to schedule tours conveniently with tenants, the building is FULLY OCCUPIED. Thank you for your interest!

Details

MLS#: 734333
Price: $685,000

Style: Apartment Building,Garage,Retail
Sq Ft: 4215
Year Built: 1915

County: Lehigh
Lot Size: 5096
Tax Fee: 8168.81

School District: Allentown

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Broker Contact

RE/MAX Central - Center Valley
4789 Route 309
Center Valley, PA, 18104
US
Thomas Skiffington
! (610) 791-4400
! CenterValley@remaxcentralinc.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Greater Lehigh Valley REALTORS
Last updated: 2024-04-08T09:38:14.000-04:00.
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